16020 SW 208th Ave Miami, FL $ 1,180,000
16020 SW 208th Ave
$ 1,180,000
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16020 SW 208th Ave

Miami, FL, 33187
$ 1,180,000
Bedrooms2 Baths1.0 Sq 3,335

Monthly Estimate*

$ 7,362

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Multi-Family Home for sale in Miami, FL

for $1,180,000 with 2 bedrooms and 1 full bath. This 3,335 square foot home was built in 2015.

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.

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Multi-Family Active

Price

$ 1,180,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 11,591

Style

Year Built

2015

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11930288

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Pool Features None
Construction Materials Block
Year Built 2015
Stories Count 2
Levels Two
Property Subtype Triplex
Tax Year 2024
County Miami-Dade
Property Type Residential Income
Subdivision Name N/A
Rent Includes Electricity Gardener Pest Control Trash Collection Cable TV Water
Full Baths 1
Status Active
City Miami
Zoning Description 8900
Number Of Units Total 1
MLS Area 58
Lot Size Units Square Feet
Listing Terms Cash Conventional Cryptocurrency FHA VA Loan
Year Built Details Resale
Tax Annual Amount 11591
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11930288
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Triplex
Legal Description 28 55 38 1.78 AC M/L N329.85FT OF W1/2 OF E1/2 OF SE1/4 LESS W425FT THEREOF OR 11444-1585 0382
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features 1-2 Acres
Total Parking 0
Building Area Total 77537
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Avenew Realty Corp

Broker

Isabella@RunWayRealtor.com

Email

Affordability Calculator

$8,328
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,362
Monthly Property Taxes
$966
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/14/2025$1,180,000 Listed Price

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16020 SW 208th Ave, Miami, FL, 33187 is a Multi-Family Home for sale at $1,180,000 with 3,335 sqft. 16020 SW 208th Ave has 2 bedrooms, 1.0 baths, and was built in 2015. The property's zip code is 33187 which is in Miami, FL