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Property Description

PRESENTING BISCAYNE GARDENS VILLAS, AN 8-UNIT DUPLEX-STYLE MULTIFAMILY COMPOUND OFFERING A STABILIZED, LOW-MAINTENANCE INVESTMENT SUPPORTED BY STRONG IN-PLACE INCOME AND DURABLE BUILDING CONDITION.rnrnSporting a balanced unit mix of six 1 BR / 1 Bath units and two 2 BR / 1 Bath units, half of the units feature full interior renovations and the rest are primed for optional light-value-add upgrades, providing both immediate stability and clear operational upside.rnrnFull property renovation and long-term durability includes pristine grounds, impact glass, central A/C, tiled floors, new roof as of 2017, and completed 40-year recertification, while 50% highly subsidized tenancy delivers reliable cash flow. Positioned within a quiet residential pocket experiencing new construction activity within a block, the property benefits from steady demand and its proximity to the major North Miami Beach NE 167th/NE 163rd ST commercial corridor and the Golden Glades Interchange for unmatched connectivity to the entire region.

Address Map
FL
Miami-Dade County
Miami
33169
60 NW 161st St
W81° 47' 55.1''
N25° 55' 20.5''
MLS Addon
1
Sale
$23,162
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5100
8
04/12/2025 02:29:17

60 NW 161st St, Miami, Florida 33169

$2,100,000
18,612 size sq.ft.
Listing ID #A11924971
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11924971
Price $2,100,000
Year Built 1968
Days on Market 77
Building Area 5,973
Status Active
Property SubType Income/multifamily
Lot Area 18,612 Sqft
List Date 2026-03-24
On Market Date 03/12/2025
Elena Beck
MiamiInvestrealty
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