North Miami Beach, FL 33162,2072 NE 169th St #9, 11, 12 & 5
North Miami Beach, FL 33162,2072 NE 169th St #9, 11, 12 & 5
North Miami Beach, FL 33162,2072 NE 169th St #9, 11, 12 & 5
5
See all 5 photos
$1,075,000
Est. payment /mo
8 Beds
8 Baths
1,025 SqFt
Active

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

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,025 sqft

Price per Sqft $1,048

Subdivision 2072 Ne 169 St Corp Condo

MLS Listing ID A11648951

Style Other

Bedrooms 8

Full Baths 8

HOA Fees $400/mo

HOA Y/N Yes

Min Days of Lease 365

Leases Per Year 1

Year Built 1963

Annual Tax Amount $2,286

Tax Year 2023

Property Sub-Type Condominium

Property Description

PRICE REDUCED – FANTASTIC MULTIFAMILY INVESTMENT OPPORTUNITY
Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and tenants pay their own electricity
All units included in the sale
Unit #5 – 750 SF | Rented at $1,800/month
Unit #9 – 1,025 SF | Rented at $1,685/month
Unit #11 – 750 SF | Vacant
Unit #12 – 785 SF | Rented at $1,500/month

Value-Add Upside
Units are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.

Operating Details
HOA Fee: $400/month per unit
HOA Includes: Water + Garbage
Tenant Paid: Electricity (separately metered)
Pricing
Selling as a portfolio only:
$268,750 per unit
Total Investment: $1,075,000

Location

State FL

County Miami-dade

Community 2072 Ne 169 St Corp Condo

Area 22

Direction GPS

Interior

Interior Features Other

Heating Other

Cooling Central Air

Flooring Other

Appliance Electric Range, Refrigerator

Exterior

Exterior Feature Other

Amenities Available Other

View Other

Garage No

Private Pool Yes

Building

Architectural Style Other

Structure Type Other

Others

Pets Allowed No

HOA Fee Include Sewer,Trash,Water

Senior Community No

Restrictions No Restrictions

Tax ID 07-22-09-012-0090

Security Features Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11648951


Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company

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Anthony Guerriero

Anthony Guerriero

Broker

+1(646) 376-8752

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

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