FL > Miami
Miami, FL 33169,60 NW 161st St
Miami, FL 33169,60 NW 161st St
Miami, FL 33169,60 NW 161st St
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Cesar Villarreal

Cesar Villarreal

+1(305) 215-2916
$2,155,000
Est. payment /mo
5,973 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,973 sqft

Price per Sqft $360

MLS Listing ID A11924971

HOA Y/N No

Year Built 1968

Annual Tax Amount $23,162

Lot Size 0.427 Acres

Property Sub-Type Multi Family

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.

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% Section 8 tenancy delivers highly subsidized, 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.

Location

State FL

County Miami-dade

Area 30

Exterior

Private Pool Yes

Others

Tax ID 30-21-13-002-0410

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11924971

Read Less Info
Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Alpha Commercial Advisors LLC

Questions about this property?

Cesar Villarreal
Cesar Villarreal

TEAM LEAD | License ID: 3428680

+1(305) 215-2916

550 Biltmore Way PH 2, Coral Gables, Florida, 33134, USA

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60 NW 161st St

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