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60 161st St, Miami, FL
Offering:
For Sale
Location:
Miami, FL 33169
Status:
Active
$1,995,000
Deemed reliable but not guaranteed.
Details
Year built:
1968
Lot size:
18,612 sq ft
Days on market:
287
Annual tax:
$23,162
Type:
Multi-family
MLS ID
A11924971
Virtual tour:
Listed by:
The Alpha Commercial Advisors LLC (TACA01)
Listing office phone:
305-697-7011
Listing office email:
Listing agent:
Jamie Maniscalco (3391005)
Features
Description
PRESENTING BISCAYNE GARDENS VILLAS, A STABILIZED RENTAL COMPOUND OFFERING A LOW-MAINTENANCE INVESTMENT WITH CONSISTENT 100% OCCUPANCY & REMAINING INTERIOR VALUE-ADD UPSIDE….
Sporting a balanced unit mix of six (6) 1 BR / 1 Bath units and two (2) 2 BR / 1 Bath units as well as an evenly varied income profile from 50% Section 8 and 50% market rate tenancies, the property features full exterior and partial interior renovation primed for long-term durability with upgrades including impact glass, central A/C, tiled floors, newer 2017 roof, completed 40-year recertification, gated courtyard, and all on-site parking and laundry.
Positioned within a quiet residential pocket experiencing several brand new construction projects recently completed across the street, the property benefits from steady rental demand and reliable cash-flow from its proximity to major North Miami Beach NE 167th/NE 163rd St commercial corridor and the Golden Glades Interchange for unmatched connectivity to the entire region.
Price history
$2,155,000 → $1,995,000
·
Reduced by
$160,000 (7.4%) · 4 price changes
Location
60 NW 161st StMiami, FL 33169
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MLS information
Last updated Oct 22, 2026
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