$1,995,000
60 NW 161st St, Miami FL 33169
Income/MultiFamily · 5,973 sq ft building · Lot 18,612 sq ft · Built 1968 · Active
MLS# A11924971 · Listing courtesy of The Alpha Commercial Advisors LLC
Facts
- Type
- Income/MultiFamily
- Building area
- 5,973 sq ft
- Price per sq ft
- $334
- Lot
- 18,612 sq ft
- Year built
- 1968
- Zoning
- 5100
- Taxes
- $23,162
- Listed
- Dec 3, 2025
About this property
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.
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Location
60 NW 161st St, Miami FL 33169Open in Google Maps
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Listing data last updated 10/23/2026, 4:00:58 PM ET.