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1958 NE 172nd StNorth Miami Beach, FL 33162

For Sale

$1,079,000

Smart Buyer Rebate $10,790

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.

Listed by David Egozi

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License #3207504

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JDM Realty Group, Inc

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786-301-1050

Last updated October 21, 2025

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Source: MIAMIRE #A11856839

Listing Facts

  • TypeMulti-family
  • NeighborhoodSunray East
  • Days on Prevu64
  • Taxes$12,022/year
  • Size2,142 sqft
  • Price per sqft$504

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

10/21/2025
Price Decreased
$1,079,000
08/19/2025
Listed by JDM Realty Group, Inc
$1,100,000

Property Details for 1958 NE 172nd St

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Quadruplex, Fourplex
  • Window Features: Clear Impact Glass
  • Year Built: 1958
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: FULFORD BY SEA SEC B
  • Construction Materials: Concrete Block Construction

Measurements

  • Building Area Total: 2,142
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 07-22-09-004-2380
  • Tax Annual Amount: $12,022.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Vinyl

Measurements

  • Living Area: 2,142
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: FULFORD BY SEA SEC B

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Window/Wall
  • Has Heating: Yes
  • Sewer: Public Sewer

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.