- $1,180,000
Overview
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 26, 2026 at 11:18 am-
MLS ID A11952386
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Price $1,180,000
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Land Area 1.78 Square Feet
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Property Type Income/MultiFamily
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Property Status Commercial Sale
Additional details
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MLS Status Active
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Total Building Area 3335
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Building Area Units Square Feet
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Lot Size Square Feet 77537
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BusinessType Commercial/Residential Income, Residential-Multi-Family, Apartments
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Sewer Septic Tank
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Water Source Well
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Zoning 8900
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Tax Annual Amount 11591
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Days On Market 0
Address
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Address: 208th Ave
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33187
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