60 NW 161st St, Miami FL 33169

For Sale · Active Listing

$2,085,000

3.25%

Est. Payment $11,097/mo

MLS Sheet Video

1968

Year Built

183

Days on Market

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.

Facts

MLS#
A11924971
Subdivision
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1968
Lot Size
18,612 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
183 days
Listed
Dec 3, 2025
Last Updated
May 28, 2026
Price/Lot Sq.Ft.
$112/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/28/2026Price change$2,085,000-3.2%
12/3/2025Listed for sale$2,155,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

60 NW 161st St, Miami FL 33169Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$12,985/mo

Principal & Interest

$11,097

Property Tax

$1,738

Insurance

$150

HOA

$0

20% ($417,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated within 24 hours

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60 NW 161st St, Miami FL 33169 | $2,085,000 | Rangely Adames Miami Real Estate