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For Sale
Listed on August 19, 2025

1958 NE 172nd St

$1,079,000
0 Beds
0 Baths
2,142 sqft
0 Parkings
Lot size
-
Annual Tax
$12,022
Occupancy
Tenant
Year Built
1958
Property type
Multifamily
#MLS
A11856839

Description

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

Property Details

  • Property Type
    Quadruplex
  • Living Area
    2,142 sqft
  • Year Built
    1958
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $12,022.00
  • List Date
    8/19/2025
  • Updated
    10/21/2025
  • Last Checked
    Recent
  • MLS Number
    #A11856839
  • Brokerage
    JDM Realty Group, Inc
  • Postal Code
    33162
  • Area
    Miami-Dade
  • City
    North Miami Beach

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $1,079,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    WallFurnace
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Wall Window Units
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1958 NE 172nd St

Real estate trends

View trends of price in North Miami Beach over the last 12 months

Explore Miami-Dade

Learn about the area around 1958 NE 172nd St

Mortgage Calculator
Estimate monthly payments for 1958 NE 172nd St
$0
20.0%
$1,079,000
1%
5.25%
10%
Estimated Monthly Payment

$5,173

Cash Flow Analysis
Mortgage Payment:
$5,172.71
Monthly Payment:
$6,174.54
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

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

1958 NE 172nd St, MLS® A11856839 has a size of 2142 sqft.

There are bedrooms and bathrooms in this Multifamily at 1958 NE 172nd St, MLS® A11856839.

Annual taxes for this home are $12,022 based on 2024 tax year reports.
Miami Association of REALTORS®
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.
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1958 NE 172nd St