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
Mortgage Calculator
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.
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.