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2278 - 2288 NE 173rd St, North Miami Beach FL 33160

Multi-family Recently Sold
$1,700,000

BTC: 26.56250000

ETH: 973.65406644

Sold on: 2021-04-23
2 days
0 room(s)
5,176 sqft

Overview

TWO 5 UNIT STAND ALONE BUILDINGS (10 UNITS TOTAL), IN A HIGH VOLUME RENTAL AREA, THAT ARE 5000 SQ FOOT EACH AND THEY SHARE A CORNER LOT COMING IN WITH A TOTAL LAND MASS OF 1/2 ACRE. OFF STREET PARKING (14) SPACES DIRECTLY BEHIND THE BUILDING. THE BUILDINGS CONSIST OF (6) 2 BEDROOM UNITS AND (4) 1 BEDROOM UNITS. THE 2 BEDROOM UNITS ARE 1200 SQ FEET EACH AND THE 1 BEDROOMS ARE 600 SQ FEET EACH. CURRENT MARKET RENTS FOR THE TWO BEDROOM UNITS RENT $1450 TO $1550 PER MONTH, AND THE ONE BEDROOMS $1100 TO $1200 PER MONTH. THE PROPERTY IS CURRENTLY FULLY OCCUPIED AND IN GREAT OVERALL TURN KEY CONDITION TO BUY NOW AND START COLLECTING INSTANT INCOME. COIN LAUNDRY ONSITE FOR EXTRA INCOME. 40 YEAR INSPECTION DONE. EVERYTHING UP TO DATE IN REGARDS TO CODE. NEW 4 POINT AND WIND MITIGATION DONE RECENTLY

Location

Florida • North Miami Beach • 33160 • Multi-family • Recently Sold

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1958
Lot:
No Data
Heating:
Central
Price/sqft:
$384
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,400,000
$780K – $2.1M
Confidence Low
List vs. estimate
$590K above estimate
List $1,990,000 · +42.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$384
-3.3% vs. city median $397
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $585K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,155
2020
Parking
14 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 07-22-09-005-0480

    • Zoning: 3800

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $15,155

  • Source details

    • MLS ID: A10996805

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 5176

    • Subdivision Name: FULFORD BY THE SEA SEC C

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
33160
1,770
median $599K
Active
Same city
North Miami Beach
450
median $440K
Active
Same type
Multi-family
8
median $737K
Active
Similar price
$1.4M – $2.6M
31
median $1.8M
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: Marlin Realty Inc