For Sale
$1,075,000
2072 NE 169th St # 5, North Miami Beach FL 33162
8
beds
8
baths
1,025
sqft
Condominium
Built in 1963
$1,049/sqft
$400/mo HOA
425 days on market
About this property
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
Interior Details
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating & cooling
- Heating: Other
- Cooling: Central Air
Features
- Flooring: Other
Extras
- Appliances: Electric Range, Refrigerator
- Security & Smart Features: Other
- Video & virtual tour: View Virtual Tour
Property Details
Parking
- Garage spaces: 0
- Parking features: On Street
Features
- Exterior features: Other
Public Info
- Interior Livable Area: 1,025 sqft
- Year Built: 1963
- APN: 07-22-09-012-0090
- County: Miami-Dade County
Tax Information
- Annual Tax Amount: $2,286
- Tax Year: 2023
HOA Details
- Has HOA: Yes
- Amenities included: Other
- HOA fee: $400/mo
- Application fee: $300
Price History
| 10/26/2025 |
Listed for Sale
Source: Miami REALTORS® |
$1,075,000 $1,048/sqft |
Estimated Monthly Payment
Customize assumptions below to estimate your monthly cost.
Est.
$6,527
Walk Score
84
Very Walkable
75
Very Bikeable
Kevin McCarthy
Broker & Executive Director of Luxury Sales