For Sale
$895,000

1985 172Nd StNorth Miami Beach, FL 33162

Prime 4-unit apartment building, high demand.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a well-maintained fourplex located in a desirable North Miami Beach residential neighborhood at 1985 NE 172nd St, 33162. Built in 1955, this two-story building comprises four one-bedroom, one-bathroom units, each equipped with central air conditioning. The property is in excellent condition and benefits from its prime location, offering convenient access to Aventura Mall, Sunny Isles Beach, and North Miami. The strong rental demand in this highly sought-after area ensures a consistent income stream for the investor. The asking price for this multifamily property is $895,000. This represents a compelling opportunity to acquire a stable, income-generating asset in a thriving Florida market. The property's solid construction and desirable location make it an attractive investment for both seasoned and new investors seeking a strong return on investment. The building's excellent condition minimizes immediate capital expenditure needs, allowing for a quicker path to profitability. Don't miss this chance to secure a piece of North Miami Beach's vibrant real estate market.

Highlights

  • Well-maintained fourplex in desirable North Miami Beach.
  • Four one-bedroom, one-bathroom units, each with central AC.
  • Prime location near Aventura Mall, Sunny Isles Beach, and North Miami.
  • Strong rental demand ensures consistent income.
  • Asking price: $895,000.
  • Excellent condition minimizes immediate capital expenditures.

Property Details for 1985 172Nd St

Property type
Apartment buildings, Small apartment buildings
Year Built
1955
Stories
2
Units
4

Location Insight

City
North Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.9346574
Longitude
-80.1608726
1985 172Nd St, North Miami Beach, Florida

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1985 172Nd St
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