2072 Ne 169th St, #Apartments, North Miami Beach, FL 33162

$1,045,000
Active for Sale
 
Listing ID 55045216
Property Type Commercial
County Miami-Dade
Unit Apartments
FEMA Flood Map fema.gov/portal
Year Built 1963
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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
Property Details
  • Built in 1963
  • Unit Apartments
Listed By
PresidentsCircle
Mobile: 305-926-3106
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