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$ 1,180,000
Est. payment /mo
Active
16020 SW 208th Ave Miami, FL 33187
1.78 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID A11931557
HOA Y/N No
Annual Tax Amount $11,591
Tax Year 2024
Lot Size 1.780 Acres
Acres 1.78
Property Sub-Type Residential
Property Description
Exceptional income-producing residential compound situated on almost 2 acres in the Redlands. This unique property offers multiple dwelling units with strong in-place cash flow and future upside. Current monthly income exceeds $14,000, making it ideal for investors, owner-occupants, or multi-generational living. The property consists of six primary residential units plus additional income-producing structures, including a detached 1-bedroom cottage and an RV with full hook-ups, both currently used as rentals. Features include two gated private entrances, well water, coin-operated laundry, mature fruit trees, nursery space, and a legal horse stable. The expansive lot provides ample space for additional RV pads, outdoor rental concepts, or construction of a custom primary residence (buyer to verify development options). Convenient Redlands location near Krome Ave, agricultural amenities, and major roadways. Rare opportunity to acquire a cash-flowing residential income property with land, privacy, and expansion potential.
Location
State FL
County Miami-dade
Area 58
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available
Private Pool Yes
Building
Faces Southwest
Sewer Septic Tank
Water Well
Additional Building Barn(s), Stable(s)
Others
Tax ID 30-58-28-000-3930
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11931557
Listed by Avenew Realty Corp
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