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.
Sporting 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.
Full 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.
- 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''
- Building Area:
- 5,973 Sqft
- Cumulative DOM:
- 77
- DOM:
- 78
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 30-21-13-002-0410
- Structure Type:
- Apartment
- Tax Annual Amount:
- $23,162
- Virtual Tour:
- Click Here
Commercial Sale For Sale
60 Nw 161st St, Miami, Florida 33169, Miami, Florida 33169
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $2,100,000
- Year Built :
- 1968
- Lot Area :
- 18,612 Sqft
- MLS # :
- A11924971
- Property Sub Type :
- Multi Family
