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2379 NE 172nd St

$1,835,000

2379 NE 172nd St, North Miami Beach, FL 33160

Active
Last Updated: 04/04/2025

100,392

NOI

5,066 sqft

Building Size

Details:
NOI:    $100,392
Building Size:    5,066 sqft
Units:    6
Year Built:    1969
Floors:    2
Parking Spots:    6
Highlights:
  • Lot Features: In Residential Area
  • Gross Income: 130644
  • Number Of Buildings: 1
  • Documents Available: Aerial Photo(S), Contracts, Copy Of Lease(S), Other Available Information, Photos, Rent Rolls, Site Plans, Existing Survey
  • Cooling: Central Individual A/C
  • Heating: Central Electric
  • Flooring: Ceramic Floor, Vinyl
  • Construction Materials: CBS Construction
  • Parking Features: Assigned, Guest, On Street
  • Security Features: Other Fire Protection, Smoke Detector(s)
  • Insurance Expense: 3048
  • Ownership: Limited Partnership
Description:

Two Story 6 Units Building. The unit mix is, 3 units 2/1 and 3 units 1/1. Excellent location near Aventura, the Beaches, Parks, Shopping Centers, Schools, Hospitals, Bright line Train and Bus Stations. Great neighborhood. Half Block from Biscayne Boulevard. New Metal Roof, Impact Windows and Doors and New Paint. Remodeled interiors in 90% of the units. Central A/C and parking spaces. CBS & Concrete Block construction building. All units a steady cash flow. High demand for quality rentals in this Area. This Property has proven strong performance. One Year Leases in place, long term tenants. Easy & low operating cost. Additional Income with laundry room. Ask us about obtaining a Property Use Certificate for a Sober Living Rehab Center in North Miami Beach . Increase your rental income.

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