$1,045,000

2072 NE 169th St Apartments 9, 11, 12 5, North Miami Beach, FL 33162

  • 3,310 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $316/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

PRICE REDUCTION NOW OFFER AT $1,045,000 FOR 4 APARTMENTS OF 2BED/2BATH- EXCELLENT LOCATION Rare opportunity to purchase four (4) large 2BR/2BA condo units together in a well-maintained boutique building with only 12 units total. All units feature spacious layouts, abundant natural light, and strong value-add potential. No rental restrictions and low HOA fees allow for immediate income and strong rent-growth upside through renovations and market adjustments. Ideal for investors seeking stable cash flow with long-term appreciation. Prime location minutes from beaches, Aventura Mall, major highways, shopping, and dining. Seller prefers to sell all four units as a package, not individually.Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and each tenant pay his own electricityThe units included in the sale are:Apt. #5 – 750 SF Apt. #9 – 1,025 SF Apt. #11 – 750 SF Apt. #12 – 785 SF All Four Apartments are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.Expenses Details:HOA Fee: $400/month per unitHOA Includes: Water + GarbageTenant Paid: Electricity (separately metered)Selling as a portfolio only

Listing Status:
Active
Date Added:
August 27, 2024
Data Last Updated:
July 26, 2026 at 2:18PM
Listing Office:
The Keyes Company : 305-931-8920
Listing Agent:
David Heinrich : 305-926-3106
MLS ID:
A11648497
  • Originating MLS: BEACH_MIAMI
  • County: Miami-Dade
  • Zoning: 49002072 NE 169 ST CORP CONDO APT 5 FIRST FLOOR UNDIV 7.576 % INT IN COMMON ELEMENTS CLERKS FILE 63R-130531 OR 14377-6855 1289 1 COC 24710-18630722090120050
  • Source: BEACH_MIAMI

This listing courtesy of David Heinrich , The Keyes Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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