1958 NE 172nd St, North Miami Beach, FL 33162
Local realty services provided by:First Service Realty ERA Powered
Listed by: david egozi
Office: jdm realty group, inc
MLS#:A11856839
Source:SEFMLS
Price summary
- Price:$1,079,000
- Price per sq. ft.:$503.73
About this home
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.
Contact an agent
Home facts
- Year built:1958
- Listing ID #:A11856839
- Updated:January 09, 2026 at 10:47 AM
Rooms and interior
- Living area:2,142 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1958
- Building area:2,142 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,079,000
- Price per sq. ft.:$503.73
- Tax amount:$12,022 (2024)
New listings near 1958 NE 172nd St
- New
$544,900Active3 beds 3 baths1,561 sq. ft.1683 NE 168th St, North Miami Beach, FL 33162
MLS# A11941728Listed by: POWER SOURCE REAL ESTATE, INC. - Coming Soon
$585,000Coming Soon3 beds 2 baths1780 NE 173 St, North Miami Beach, FL 33162
MLS# A11941801Listed by: COLDWELL BANKER REALTY - New
$668,000Active2 beds 2 baths1,123 sq. ft.16385 Biscayne Blvd #2017, North Miami Beach, FL 33160
MLS# A11940182Listed by: ONE SOTHEBY'S INTERNATIONAL REALTY - New
$184,999Active1 beds 2 baths865 sq. ft.3660 NE 166th St #607, North Miami Beach, FL 33160
MLS# A11939847Listed by: BEYCOME OF FLORIDA LLC
$1,950,000Active2 beds 3 baths1,817 sq. ft.17111 Biscayne Boulevard #2105 + 1 BOAT SLIP 100 ft, North Miami Beach, FL 33160
MLS# F10525345Listed by: ROYAL PALM REALTY OF S FLORIDA- New
$1,600,000Active2 beds 3 baths1,828 sq. ft.17301 Biscayne Boulevard #1011, North Miami Beach, FL 33160
MLS# F10543756Listed by: CHARLES RUTENBERG REALTY FTL
$685,000Pending2 beds 1 baths1,234 sq. ft.1101 NE 182nd St, North Miami Beach, FL 33162
MLS# A11939437Listed by: EXP REALTY LLC- Open Sat, 12 to 3pmNew
$545,000Active4 beds 2 baths1,300 sq. ft.1401 NE 152nd St, North Miami Beach, FL 33162
MLS# A11939387Listed by: LUXE PROPERTIES - New
$365,000Active1 beds 2 baths750 sq. ft.3665 NE 167th St #207, North Miami Beach, FL 33160
MLS# A11939232Listed by: SUNST REAL ESTATE LLC - New
$1,590,000Active2 beds 3 baths1,836 sq. ft.17111 Biscayne Blvd #411, North Miami Beach, FL 33160
MLS# A11938958Listed by: RARE REAL ESTATE