2072 NE 169th Street #9, 11, 12 & 5 North Miami Beach, FL 33162

$1,075,000
8
Beds
8
Baths
1,025
SQFT
1049
$/SQFT
$1,075,000
8
Beds
8
Baths
1,025   sf
$1049 / sf
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PRICE REDUCED – FANTASTIC MULTIFAMILY INVESTMENT OPPORTUNITYExceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and tenants pay their own electricityAll units included in the saleUnit #5 – 750 SF | Rented at $1,800/monthUnit #9 – 1,025 SF | Rented at $1,685/monthUnit #11 – 750 SF | Vacant Unit #12 – 785 SF | Rented at $1,500/monthValue-Add UpsideUnits are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.Operating DetailsHOA Fee: $400/month per unitHOA Includes: Water + GarbageTenant Paid: Electricity (separately metered)PricingSelling as a portfolio only:$268,750 per unitTotal Investment: $1,075,000

PRICE REDUCED – FANTASTIC MULTIFAMILY INVESTMENT OPPORTUNITYExceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and tenants pay their own electricityAll units included in the saleUnit #5 – 750 SF | Rented at $1,800/monthUnit #9 – 1,025 SF | Rented at $1,685/monthUnit #11 – 750 SF | Vacant Unit #12 – 785 SF | Rented at $1,500/monthValue-Add UpsideUnits are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.Operating DetailsHOA Fee: $400/month per unitHOA Includes: Water + GarbageTenant Paid: Electricity (separately metered)PricingSelling as a portfolio only:$268,750 per unitTotal Investment: $1,075,000

  • Neighborhood
  • Type
  • Total Baths
  • County
    Miami-Dade County
  • Area
    2072 Ne 169 St Corp Condo
  • HOA Dues
    $400/mo
  • Tax Amount
    $2,286
  • Status
    Active
  • Listing #
    A11648951
  • Built
    1963
  • Listed on site
    467 days
  • Listing Agent Id
    3187652
  • Listing Agent Phone
    305-926-3106

Listed by:
The Keyes Company

Source:
MIAMI MLS

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Community Features

  • Has HOA

Property History

DateDays AgoEventNew Price
Sep 3, 20253 mos agoPrice decreased25,000 (2%)$1,075,000
Feb 21, 202510 mos agoPrice increased23,000 (2%)$1,100,000
Feb 11, 202510 mos agoPrice increased78,000 (7%)$1,077,000
Jan 17, 202511 mos agoPrice decreased46,000 (4%)$999,000
Nov 26, 20241 yr agoPrice decreased54,000 (5%)$1,045,000
Nov 19, 20241 yr agoPrice increased54,000 (5%)$1,099,000
Sep 18, 20241 yr agoPrice decreased55,000 (5%)$1,045,000
Aug 27, 20241 yr agoNew on market$1,100,000
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