60 NORTH WEST 161ST ST, Miami
$2,100,000 USD
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| Address | 60 NORTH WEST 161ST ST, Miami |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Price | $2,100,000 |
| Previous Price | $2,155,000 (9 days ago) |
| Property Status | Active |
| MLS Number | A11924971 |
| Property Size | 18612 |
| Lot Size | 18612 |
| Year Built | 1968 |
| Folio Number | 30-21-13-002-0410 |
| Zoning Information | 5100 |
| Days on Market | 118 |
Detailed 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% 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 connectiv
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33169 |
| Address | 60 NORTH WEST 161ST ST |
| Section | 13 |
| Zip Code (4 Digits) | 6514 |
Financial Information
| Price | $2,100,000 |
| Price per Foot | $0 |
| Previous Price | $2,155,000 |
| Folio Number | 30-21-13-002-0410 |
| Tax Amount | $23,162 |
Full Descriptions
| Detailed 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% 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 connectiv |
Property parameters
| Living Area | 18612 |
| Lot Size | 18612 |
| Total Acreage | 0.000 |
| Zoning Information | 5100 |
| Maximum Leasable Size | 18612 |
| Year Built | 1968 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Street Direction | North West |
| Listed with | The Alpha Commercial Advisors LLC |