453 NE 154th St, North Miami Beach, FL 33162

Prime Multi-Family Investment Opportunity in North Miami Beach!

453 NE 154th St, North Miami Beach, FL 33162

An exceptional investment awaits in the heart of North Miami Beach with this multi-family property at 453 NE 154th St. Built in 1934, this property offers 2 bedrooms and 1 bathroom across 1,024 sqft, situated on a substantial 0.93-acre lot. Priced at $1,125,000, this is a rare chance to acquire a significant piece of real estate in a thriving South Florida market.

Investment Highlights:

• Multi-Family Potential: This property is designated as multi-family, offering excellent income-generating possibilities in a market where 2-bedroom home prices have seen a significant increase (up 9.1% year-over-year in April 2025).
• Expansive Lot: The impressive 0.93-acre lot provides significant potential for expansion, additional units (subject to zoning and city regulations), or creating desirable outdoor amenities, adding considerable value.
• Established Area: North Miami Beach is experiencing ongoing development and increasing attractiveness for both developers and new residents, suggesting strong future appreciation.
• Strategic Location: The property benefits from its North Miami Beach location, offering a convenient commute to downtown Miami and Fort Lauderdale, and excellent access to major roads and highways.
• North Miami Beach Market: While currently a buyer’s market (meaning homes may stay on the market longer and offer more negotiation room), the median home price in North Miami Beach has seen a 5.2% increase year-over-year as of April 2025. This indicates a resilient market with long-term growth potential.

North Miami Beach Lifestyle & Amenities:

• Convenience at Your Doorstep: Residents enjoy easy access to an array of restaurants, shops, and essential services along Northeast 19th Avenue and Northeast 163rd Street.
• Shopping & Dining: Just a short drive away are major shopping destinations like Aventura Mall (the third-largest mall in the country) and Bal Harbour Shops, as well as local markets and diverse dining options.
• Parks & Recreation: North Miami Beach offers numerous parks and community centers with facilities for sports, swimming, and various activities. Nearby Greynolds Park provides bike trails, canoeing, and nature tours.
• Education: The area is served by Miami-Dade County Public Schools, including local elementary, middle, and high schools.
• Connectivity: The city is well-connected with public transportation options (Citrus Connection) and easy access to major airports.

Financial Opportunity:

• Estimated Refinance Payment: The estimated refinance payment for this property is $5,572/mo, highlighting the scale of this investment in a prime South Florida location.

This multi-family property at 453 NE 154th St is a compelling opportunity for serious investors looking to capitalize on the dynamic North Miami Beach real estate market. Its large lot and multi-family zoning offer a strong foundation for significant returns.

Act now to secure this valuable investment! Contact us for more details and to schedule a showing.