Fulford By Sea Sec B Fourplex For Sale
1958 Ne 172nd St, North Miami Beach, FL 33162

$1,100,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11856839
  • Virtual Tour: YES
  • List Price: $1,100,000
  • Living Area: 2142 Ft² / 199 M²
  • Price Per Foot/Meter: $514 / $5,528
  • Taxes:$12,022
  • Year Built:1958
  • Listing Date:August 19, 2025
  • Days On Market:5

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.

Features


  • Floor:Vinyl
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker