FULFORD BY THE SEA SEC G, Residential Incomes – 1755 NE 164th St, North Miami Beach, FL 33162, USA -001-11-30T00:00:00-05:00
We are pleased to present for sale the “Ara Group Apartments”, a 32-unit apartment building in the highly desirable North Miami Beach location. This is a three-story building consisting of 22 two-bedroom / one-bathroom units and 10 one-bedroom / one bathroom

1755 NE 164th St, North Miami Beach, FL 33162, USA

$5,500,000 USD
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Address1755 NE 164TH ST #32, North Miami Beach
Building NameFULFORD BY THE SEA SEC G
Type of PropertyFourplex
Property StyleFourplex
Price$5,500,000
Previous Price0 (27 days ago)
Property StatusActive
MLS NumberA10464118
Bedrooms Number0
Full Bathrooms Number0
Living Area33894
Year Built1971
Parking Space Number32
Folio Number07-22-17-003-0230
Gross Rent Income$453,300
Net Operating Income$291,588
Zoning Information6300
Days on Market27

Detailed Description: We are pleased to present for sale the “Ara Group Apartments”, a 32-unit apartment building in the highly desirable North Miami Beach location. This is a three-story building consisting of 22 two-bedroom / one-bathroom units and 10 one-bedroom / one bathroom units with on site covered parking and laundry facilities, pool, elevator server building, remodeled and modern lobby, secured entrance, security camera system, brand new gym, on site leasing office, central heat and air-conditioning, balconies, great strong rental market with a waiting list’s prospective tenant. 100 % occupied with a NOI of $291,588!

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Address Information
StateFL
CityNorth Miami Beach
CountyMiami-Dade County
Zip Code33162
Address1755 NE 164TH ST
Section17
Subdivision Number3
Zip Code (4 Digits)4045
Google Location Info1755 NE 164th St, North Miami Beach, FL 33162, USA
Financial Information
Price$5,500,000
Price per Foot$162
Folio Number07-22-17-003-0230
Gross Rent Income$453,300
Net Operating Income$291,588
Tax Amount$61,802
Tax Year2017
Possession InformationFunding
Total Mortgage$1,705,000
Full Descriptions
Detailed DescriptionWe are pleased to present for sale the “Ara Group Apartments”, a 32-unit apartment building in the highly desirable North Miami Beach location. This is a three-story building consisting of 22 two-bedroom / one-bathroom units and 10 one-bedroom / one bathroom units with on site covered parking and laundry facilities, pool, elevator server building, remodeled and modern lobby, secured entrance, security camera system, brand new gym, on site leasing office, central heat and air-conditioning, balconies, great strong rental market with a waiting list’s prospective tenant. 100 % occupied with a NOI of $291,588!
Year Built DescriptionResale
Special InformationAs Is, Corporation Owned Property
Roof DescriptionFlat Tile Roof
Floor DescriptionCeramic Floor
Pool DescriptionBelow Ground Pool
Cooling DescriptionCentral Cooling, Electric Cooling
Heating DescriptionCentral Heat, Electric Heat
Water DescriptionMunicipal Water
Sewer DescriptionMunicipal Sewer
Occupancy InformationTenant Occupied
RemarksWe are pleased to present for sale the “Ara Group Apartments”, a 32-unit apartment building in the highly desirable North Miami Beach location.
Property parameters
Bedrooms Number0
Full Baths Number0
Living Area33894
Zoning Information6300
Year Built1971
Type of PropertyFourplex
Type of AssociationNone
StyleFourplex
Building NameFULFORD BY THE SEA SEC G
Construction TypeCBS Construction
Stories Number3.000
Street DirectionFlorida
Parking Space Number32
Listed withDirect Realty Solutions