Commercial property in North Miami Beach, Florida 199 sq.m. № 1892220

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Commercial property in North Miami Beach, Florida 199 sq.m. № 1892220
ID1892220 $ 1 100 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1892220

Property description

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.
MLS #: A11856839
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CityNorth Miami Beach
Address1958 NE 172nd St, North Miami Beach FL 33162
TypeCommercial property
Living space199 m²
  • sq. ft
Completion dateIV quarter, 1958
Price
  • Price
  • per m²
$ 1 100 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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