$1,995,000

60 NW 161st, Miami FL, 33169

Price per sqftN/A

Built in1968

Property typeCommercial

Courtesy of Jamie Maniscalco with The Alpha Commercial Advisors LLC

Overview

Active

Listed Dec 3, 2025

Updated 10 days ago

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.

Additional information

MLS^® ID: A11924971

Interior Features

Basement: No

Exterior Features

Lot Size: 0.43 Acres

Other Property Details

Taxes: $23,162
Tax Frequency: Annually

Courtesy of The Alpha Commercial Advisors LLC, Jamie Maniscalco,
Listing Contact: 201-264-0113

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/23/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 4:36 AM UTC, 10/23/2026