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2072 NE 169th St, #Apartments # 5, 9, 11, 12

North Miami Beach, FL 33162
Active

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

Property Details

Essential

  • StatusActive
  • Days On Site650
  • Days To Sale2024-08-27T00:00:00.000Z
  • MLS#A11648497
  • Property TypeCommercial Sale
  • Property Sub TypeIncome/MultiFamily
  • Property Size3,310 sqft
  • Lot SizeSquare Feet
  • Tax Amount$2,289
  • HOANo
  • Data SourceMiami Association of REALTORS®
  • Latest Update06/06/2026