1958 NE 172nd St North Miami Beach, FL $ 1,079,000
1958 NE 172nd St
$ 1,079,000
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1958 NE 172nd St

North Miami Beach, FL, 33162
$ 1,079,000
Bedrooms1 Baths1.0 Sq 2,142

Monthly Estimate*

$ 6,644

1958 NE 172nd St, North Miami Beach, FL 33162 - Image 1
1958 NE 172nd St, North Miami Beach, FL 33162 - Image 2
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Multi-Family Home for sale in North Miami Beach, FL

for $1,079,000 with 1 bedroom and 1 full bath. This 2,142 square foot home was built in 1958.

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.

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Multi-Family Active

Price

$ 1,079,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 12,022

Style

Year Built

1958

Town/City

North Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11856839

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Subject To Tenant Rights
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1958
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2024
County Miami-Dade
Property Type Residential Income
Subdivision Name FULFORD BY SEA SEC B
Rent Includes Sewer Trash Collection Water
Full Baths 1
Status Active
City North Miami Beach
Zoning Description 3800
Number Of Units Total 1
MLS Area 22
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 12022
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11856839
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description 9 52 42 PB 8-57 FULFORD BY THE SEA SEC B LOTS 12 & 13 BLK 35 LOT SIZE 5750 SQUARE FEET OR 20227-1626 01 2002 1 COC 25800-0477 07 2007 5
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Interior
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 1
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 0
Building Area Total 2142
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Jdm Realty Group, Inc

Broker

degozi@jdm-realty.com

Email

Affordability Calculator

$7,645
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,644
Monthly Property Taxes
$1,002
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
11/17/2025 $1,079,000 12.40% Price Up
11/13/2025 $960,000 -11.03% Price Down
10/22/2025 $1,079,000 Listed Price

Map


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1958 NE 172nd St, North Miami Beach, FL, 33162 is a Multi-Family Home for sale at $1,079,000 with 2,142 sqft. 1958 NE 172nd St has 1 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 33162 which is in North Miami Beach, FL