16020 SW 208th Ave, Miami FL 33187

Residential Income Active

$1,180,000

Overview

MLS ID: A11930288

3335 Square Feet
Area Size

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.

Details

Updated on January 23, 2026 at 1:00 pm

MLS ID A11930288
Price $1,180,000
Property Size 3335 Square Feet
Year Built 2015
Property Type Triplex
Property Status Residential Income

Additional details

MLS Status Active
Building Name N/A
Total Building Area 77537
Building Area Units Square Feet
Cooling Central Air, Electric
Heating Central, Electric
Flooring Tile
Roof Shingle
Parking Total 0
Construction Materials CBS Construction
Stories 2
Lot Features 1 To Less Than 2 Acre Lot
Lot Size Square Feet 0
Style Triplex
Rent Includes Cable TV, Electricity, Gardener, Pest Control, Trash Collection, Water
Sewer Septic Tank
Type of Association None
Zoning 8900
Tax Annual Amount 11591
Tax Year 2024
Possession Funding
Days On Market 40