Home » Properties » 2072 NE 169th St # 12, North Miami Beach FL 33162

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2072 NE 169th St #12, North Miami Beach Commercial Sale

Four 2BR/2BA condo units for sale in a boutique building with low HOA fees and strong rental potential near beaches and Aventura Mall.

$1,045,000

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MLS #A11648497

Listing Updated: 2026-07-11 06:39:03

Listed By: The Keyes Company

Overview

This unique opportunity offers four spacious 2-bedroom, 2-bathroom condominium units within a well-maintained boutique building of only 12 units in North Miami Beach. Each unit features generous layouts and abundant natural light, providing a comfortable living environment. The property benefits from no rental restrictions and low HOA fees, covering water and garbage, while tenants pay electricity separately through individual meters. Located minutes from beaches, Aventura Mall, major highways, shopping, and dining, this portfolio is ideal for investors seeking a stable income stream with potential for rent growth through renovations and market adjustments. The seller prefers to sell all four units together, making it a rare package deal in a prime location.

Property Highlights

Four 2BR/2BA units in boutique building, low HOA fees, separate electric meters, no rental restrictions, close to beaches and Aventura Mall, strong rental growth potential.

Property Details

City: North Miami Beach

State: FL

Zip Code: 33162

Address: 2072 NE 169th St # 12, North Miami Beach FL 33162

Year Built: 1963

Property Type: Commercial Sale

Property Sub Type: Income/MultiFamily

Listing Office Name: The Keyes Company

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $2,289

Days On Market: 664 Days

Original Listing Description

PRICE REDUCTION NOW OFFER AT $1,045,000 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

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

2072 NE 169th St # 12, North Miami Beach FL 33162

About This Neighborhood

Situated in North Miami Beach, this property benefits from a vibrant community known for its accessibility and amenities. The neighborhood offers convenient access to shopping centers, dining options, and recreational facilities. Proximity to beaches and major highways enhances mobility for residents and tenants alike. The boutique building’s quiet setting within this active area provides a balanced lifestyle, blending residential comfort with urban convenience.

Walkability & Lifestyle

Residents benefit from a walkable environment with nearby shopping centers, restaurants, and recreational spaces. The proximity to beaches and waterfront areas encourages an active lifestyle. Daily errands can be managed with ease, and public transportation options are available, enhancing connectivity. The blend of urban amenities and outdoor spaces supports a balanced and convenient living experience.

Things To Do Nearby

North Miami Beach offers diverse recreational and cultural activities including beach outings, boating, dining, and shopping. Nearby Aventura Mall provides extensive retail and entertainment options. Parks and marinas in the area support outdoor activities such as golf, fishing, and water sports. The community also features nightlife venues and cultural attractions that enrich the lifestyle for residents and visitors alike.

Nearby Schools

North Miami Beach offers access to a variety of educational institutions ranging from elementary to high schools. The area's schools are conveniently reachable from this property, providing families with accessible options for quality education. The neighborhood’s family-friendly environment and proximity to schools make it attractive for tenants with children, adding to the property's rental appeal.

Why Buyers Like This Area

Buyers appreciate this property for its combination of location, building quality, and rental flexibility. The boutique setting with only 12 units offers a sense of exclusivity and manageable maintenance. Proximity to major highways, beaches, and shopping centers adds convenience. The potential for rental growth and low HOA fees make it attractive for investors and owner-occupiers seeking a multi-family property in a desirable area.

Investment Potential

This portfolio of four 2-bedroom, 2-bathroom condo units offers a solid foundation for investors interested in North Miami Beach. The absence of rental restrictions combined with below-market rents presents an opportunity to enhance cash flow through strategic renovations and market-driven rent increases. Low HOA fees keep operating costs manageable, while separate electric meters ensure tenant-paid utilities. The property's location near popular beaches, Aventura Mall, and major transportation routes supports sustained tenant demand, making it a practical choice for those seeking long-term rental stability.

Market Trends

The North Miami Beach real estate market continues to attract interest due to its strategic location and diverse housing options. Demand for multi-family properties remains steady, driven by renters seeking proximity to employment centers and lifestyle amenities. Inventory for well-maintained boutique buildings is limited, which supports competitive pricing. Investors are drawn to properties that offer value-add potential and flexibility in rental terms, aligning with current market preferences.

Rental Income Potential

The current rents for these four units are below market averages, indicating room for growth as leases expire and renovations are completed. The lack of rental restrictions allows owners to adjust rents in line with market conditions. Tenants pay their own electricity, reducing landlord expenses. The property's location near beaches, shopping, and highways enhances its appeal to a broad tenant base, including seasonal renters and longer-term residents, supporting consistent occupancy rates.