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2379 NE 172nd St, North Miami Beach FL 33160

Multi-family Recently Sold
$850,000

BTC: 13.28125000

ETH: 486.82703322

Sold on: 2020-09-15
2 days
0 room(s)
5,066 sqft

Overview

Great opportunity to purchase a 6 unit multi-family free standing building with 7 parking spaces. The building consists of 3 Two Bedrooms 1 Baths and 3 One Bedroom One Baths. Fully occupied building with long term tenants with three of the units updated with leases at market value. 40 year recertification complete last year. Close to Biscayne Blvd, Aventura, Sunny Isles beach & more. Producing a 5.6% return at asking price!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1969
Lot:
No Data
Heating:
Central
Price/sqft:
$178
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,450,000
$959K – $1.8M
Confidence Low
List vs. estimate
$550K below estimate
List $900,000 · -37.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$177
-55.3% vs. city median $397
Based on
17 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $525K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,475
2019
Parking
7 spaces
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 07-22-09-005-0860

    • Zoning: 3800

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $8,475

  • Source details

    • MLS ID: A10907565

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 5066

    • Subdivision Name: FULFORD BY THE SEA SEC C

Private inquiry
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Market around this address

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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: Opes Real Estate Group