Fulford By Sea Sec B
$1,100,000
1958 NE 172nd St, North Miami Beach, FL 33162
2,142 sqft
Building Size
4
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Other Available Information
- Architectural Style: Detached
- Cooling: Wall/Window Unit(s)
- Heating: Window/Wall
- Flooring: Vinyl
- Construction Materials: Concrete Block Construction
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.
Location

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