Property 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.

Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33169
Street:
60 Nw 161st St, Miami, Florida 33169
Longitude:
W81° 47' 54.3''
Latitude:
N25° 55' 20.5''
MLS Addon
Building Area:
5,973 Sqft
Cumulative DOM:
176
DOM:
189
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
30-21-13-002-0410
Structure Type:
Apartment
Tax Annual Amount:
$23,162
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Commercial Sale For Sale

60 Nw 161st St, Miami, Florida 33169, Miami, Florida 33169

18,612 Sqft
$2,085,000
MLS # #A11924971
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$2,085,000
Year Built :
1968
Lot Area :
18,612 Sqft
MLS # :
A11924971
Property Sub Type :
Multi Family
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