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$ 999,000
Est. payment /mo
Price Dropped by $51K
2072 NE 169th St #Apartments # 5, 9, 11, 12 North Miami Beach, FL 33162
3,310 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,310 sqft
Price per Sqft $301
MLS Listing ID A11648497
HOA Y/N No
Year Built 1963
Annual Tax Amount $2,289
Property Sub-Type Multi Family
Property Description
PRICE REDUCTION NOW OFFER AT $999,000 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 electricity
The 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 unit
HOA Includes: Water + Garbage
Tenant Paid: Electricity (separately metered)
Selling as a portfolio only
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 electricity
The 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 unit
HOA Includes: Water + Garbage
Tenant Paid: Electricity (separately metered)
Selling as a portfolio only
Location
State FL
County Miami-dade
Area 22
Direction Use GPS
Exterior
Private Pool Yes
Others
Tax ID 07-22-09-012-0050
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11648497
Listed by The Keyes Company
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