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17150 NE 23rd Ave
North Miami Beach, FL 33160
Multifamily Property For Sale
·
12 Units
Investment Highlights
- 12-unit apartment building with a mix of on and two-bedroom units
- Located just west of Biscayne Boulevard, offering quick access to parks, shopping, dining, and Aventura
- Property features concrete block construction, central air, electric appliances, and ceramic tile flooring
Executive Summary
17150 Northeast 23rd Avenue is a two-story, 12-unit apartment building constructed in 1969 of concrete block and painted stucco with a flat roof. The building contains 10,094 square feet of living area on a 10,923-square-foot lot, according to the Miami-Dade Property Appraiser. The unit mix consists of four (4) one-bedroom/one-bathroom apartments and eight (8) two-bedroom/one-bathroom apartments. Typical units are equipped with central air conditioning, electric appliances and ceramic tile floors.
17150 Northeast 23rd Avenue is centrally located in North Miami Beach, just west of Biscayne Boulevard (US-1) and in close proximity to major employment centers, recreational amenities, and shopping destinations. Residents benefit from walkable access to Greynolds Park and Greynolds Golf Course, with close proximity to Aventura Mall, Sunny Isles Beach, Haulover Beach, and numerous national retailers and restaurants.
17150 Northeast 23rd Avenue is centrally located in North Miami Beach, just west of Biscayne Boulevard (US-1) and in close proximity to major employment centers, recreational amenities, and shopping destinations. Residents benefit from walkable access to Greynolds Park and Greynolds Golf Course, with close proximity to Aventura Mall, Sunny Isles Beach, Haulover Beach, and numerous national retailers and restaurants.
Property Facts
| Price Per Unit | $322,136 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.55% | Lot Size | 0.25 AC |
| Gross Rent Multiplier | 9.04 | Building Size | 10,094 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | ||
| Zoning | RM-23 | ||
| Price Per Unit | $322,136 CAD |
| Sale Type | Investment |
| Cap Rate | 6.55% |
| Gross Rent Multiplier | 9.04 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,094 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Zoning | RM-23 |
Amenities
Unit Amenities
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,639 CAD | 750 |
| 2+1 | 8 | $3,450 CAD | 819 |
Property Taxes
| Parcel Number | 07-2209-005-1440 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,266,056 CAD |
Property Taxes
Parcel Number
07-2209-005-1440
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,266,056 CAD
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