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16030 NE 19th Pl, North Miami Beach FL 33162

Multi-family Active With Contract
$875,000

BTC: 13.67187500

ETH: 501.14547537

13 days
0 room(s)
2,956 sqft

Overview

Excellent investment opportunity in centrally located North Miami Beach, just off 163rd St. This four-unit property features long-term, month-to-month tenants in place, providing immediate income with strong upside potential. The building consists of one 2-bedroom, 1-bath unit and three 1-bedroom, 1-bath units. The property is in great overall condition, with rents currently below market value, offering an opportunity for future increases and improved returns. Unit highlights include: Unit #1 with granite countertops and central A/C; Units #1–#3 with central A/C; Unit #4 with wall unit A/C. Metal roof installed in 2019. Ideal for investors seeking cash flow with value-add potential in a high-demand rental area. Conveniently located near major roads, shopping, dining, and schools.

Location

Florida • North Miami Beach • 33162 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1965
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$296
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$685,000
$638K – $819K
Confidence Low
List vs. estimate
$190K above estimate
List $875,000 · +27.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$296
-25.6% vs. city median $397
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $327K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,775
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

  • Other Property Information

    • Parcel Number: 07-22-16-016-1130

    • Zoning: 6504

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $9,775

  • Source details

    • MLS ID: A12009530

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Clear Impact Glass / Complete Impact Glass

    • Architectural Style: Attached

    • Living Area: 2956

    • Water Source: Municipal Water

    • Subdivision Name: FULFORD HEIGHTS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33162
201
median $250K
Active
Same city
North Miami Beach
450
median $440K
Active
Same type
Multi-family
8
median $737K
Active
Similar price
$612K – $1.1M
106
median $795K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Realty SW