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Martie Mitchell
REALTOR®, e-Pro, CRS, ABR
Cell: (386) 310-3166
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1958 NE 172nd St, North Miami Beach, FL 33162

$1,079,000
  • 1958 NE 172nd St, North Miami Beach, FL 33162 Main Photo

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Active
BEDS0 BATHS SQUARE FEET2,142 MLS#A11856839
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFULFORD BY SEA SEC B

Property 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.

1958 NE 172nd St | MLS# A11856839

This multi-family property located at 1958 NE 172nd St, North Miami Beach, FL 33162 is currently listed for sale with an asking price of $1,079,000. Search North Miami Beach real estate on www.welcomehomedaytona.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Home Style: Detached
Roof Type: Shingle
Stories: 1.0
Taxes: $12,022
Year Built: 1958

Feature Descriptions

Crops Included Y/N: No
Days on Site: 198
Exterior: Concrete Block Construction
Flooring: Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 07-22-09-004-2380
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Units: 4
Window: Clear Impact Glass

Listed By / Shown By

Listed By

Agency Name: JDM Realty Group, Inc
Agency Phone: 786-301-1050

Shown By

Agent Name: Martie Mitchell
Agent Phone: Cell: (386) 310-3166
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 7,059.43 per month $5,742.89 Principal & Interest $1,001.83 Property Tax $314.71 Homeowner's Insurance

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We'll want to submit a pre-approval letter with your offer so it's best to do that now.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/05/2026. The listing information on this page last changed on 03/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/05/2026 12:26:46 AM EST) or Miami MLS (last updated Thu 03/05/2026 12:18:55 AM EST) or Stellar MLS (last updated Thu 03/05/2026 12:13:54 AM EST) or Daytona MLS (last updated Wed 03/04/2026 11:36:48 PM EST) or Tallahassee MLS (last updated Wed 03/04/2026 10:48:17 PM EST) or Northeast Florida MLS (last updated Thu 03/05/2026 12:18:40 AM EST) or My State MLS (last updated Wed 03/04/2026 11:30:12 PM EST) or Florida Keys MLS (last updated Wed 03/04/2026 8:30:14 PM EST). Real estate listings held by brokerage firms other than Adams Cameron & Co. REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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