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Multifamily Residential
$999,000
$1,100,000
9%
2072 NE 169th St #Apartments # 5, 9, 11, 12, North Miami Beach, FL

A11648497

6 of 161 for Sale
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  • Listed On:

    Aug 27, 2024
  • Days on Market:

    539
  • Year:

    1963
  • Taxes:

    $2,289 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

2072 NE 169th St #Apartments # 5, 9, 11, 12, North Miami Beach, FL 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

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