2072 NE 169th St Apartments # 5, 9, 11, 12 North Miami Beach, FL 33162
Single Family Attached
MLS #: A11648497
Courtesy Of Keyes Company Realtors
Property InformationDescription
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
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Legal Description: 2072 NE 169 ST CORP CONDO APT 5 FIRST FLOOR UNDIV 7.576 % INT IN COMMON ELEMENTS CLERKS FILE 63R-130531 OR 14377-6855 1289 1 COC 24710-1863
- MLSID: A11648497
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2072 NE 169th St Apartments # 5, 9, 11, 12, North Miami Beach, FL 33162
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