This fully renovated 4-unit multifamily property in North Miami Beach—just minutes from Aventura Mall and Greynolds Park—offers a prime turnkey investment with strong, stable cash flow. Featuring three 1-bedroom units and one 2-bedroom unit, all leased long-term at $1,650–$2,350 per month, the property generates over $88,140 in gross scheduled income annually, with additional upside potential through Section 8 (1/1 rents up to ~$1,950). Upgrades include new kitchens, bathrooms, flooring, plumbing, mini-split A/C systems, and hurricane impact windows. With high rental demand, limited local inventory, and comparable sales supporting long-term appreciation, this is a rare opportunity to acquire a stabilized, cash-flowing asset in a rapidly tightening market.
JDM Realty Group, Inc
Features & Details
Learn about the features and details of 1958 NE 172nd St
Discover this stunning quadruplex in the heart of North Miami Beach. This well-appointed property offers 2,142 square feet of living space. Originally built in 1958. Offered at $1,079,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 1958 NE 172nd St
What is the square footage of this property?
1958 NE 172nd St, MLS® A11856839 has a size of 2142 sqft.
How many bedrooms and bathrooms does this home have?
There are bedrooms and bathrooms in this Multifamily at 1958 NE 172nd St, MLS® A11856839.
What are annual taxes for 1958 NE 172nd St?
Annual taxes for this home are $12,022 based on 2024 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.