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Condo For Sale
2072 NE 169th St 9, 11, 12 & 5
North Miami Beach, Florida 33162
Miami-Dade CountyCommunity: 272 Ne 16 St Corp Condo
$1,075,000
8 br, 8.0 bath
1025 sq. ft.
0.000 acres
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:
- Bedrooms: 8
- Baths: 8.0
- Sq Ft: 1025
- Year Built: 1963
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC:
- Garage: On Street
Exterior:
- Lot Size: 0.000 acre
- Lot Dimensions:
- View Types: Other
- Yard:
- Siding: Other
- Roof:
- Property Taxes: $2,286
- Yearly HOA Fee: $4,800
- MLS #: A11648951
- Unit Number: 9, 11, 12 & 5
Contact Information:
Listing Agent: David Heinrich, Keyes Company Realtors, 305-926-3106, 305-931-8920
Listing Site, Listing Status: Active
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5309561
Viewed 189 times.
Updated: Sep 04, 2025
