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
Baths0.0

Monthly Estimate*

$ 7,362

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Studio

Lots and Land for sale in Miami, FL

for $1,180,000. The lot size is 1.78.

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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Lots and Land Active

Price

$ 1,180,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 11,591

Style

Lot Size

1.78

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11930496

Features
General
Sewer Septic Tank
Utilities Cable Available Electricity Available Natural Gas Available Water Available
Possession Closing & Funding
Tax Year 2024
Current Use Farm Nursery
County Miami-Dade
Property Type Land
Subdivision Name N/A
Status Active
City Miami
Zoning Description 8900
MLS Area 58
Lot Size Units Square Feet
Lot Size Square Feet 77537
Listing Terms Cash Conventional VA Loan
Tax Annual Amount 11591
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11930496
Standard Status Active
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
Total Baths 0
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Exterior
Water Source Well
Lot Size Area 77537
Lot Dimensions 0x0
Lot Size Acres 1.78
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type County Road
Road Responsibility Public Maintained Road
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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
12/16/2025$1,180,000 Listed Price

Map


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16020 SW 208th Ave, Miami, FL, 33187 is a Lots and Land for sale at $1,180,000 with a lot size of 1.78. 16020 SW 208th Ave is a studio with 0.0 baths. The property's zip code is 33187 which is in Miami, FL