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
Bedrooms1 Baths-- Sq 3,335

Monthly Estimate*

$ 7,265

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Commercial Property for sale in Miami, FL

for $1,180,000 with 1 bedroom. This 3,335 square foot building was built on a lot size of 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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Commercial Active

Price

$ 1,180,000

Bedrooms

1

Property Type

Commercial

Taxes

$ 11,591

Style

Lot Size

1.78

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11952386

Features
General
Sewer Septic Tank
Property Subtype Multi Family
County Miami-Dade
Property Type Commercial Sale
Full Baths 0
Status Active
City Miami
Zoning Description 8900
Number Of Units Total 5
MLS Area 58
Lot Size Units Square Feet
Lot Size Square Feet 77537
Listing Terms Cash
Tax Annual Amount 11591
Ok to Lease 36 Months
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11952386
Structure Type Apartment Multi Family
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Multi Family
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 Bedrooms 1
Total Baths 0
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Exterior
Water Source Well
Lot Size Area 77537
Building Area Total 3335
Lot Size Acres 1.78
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

$8,231
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,265
Monthly Property Taxes
$966
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/25/2026$1,180,000 Listed Price

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16020 SW 208th Ave, Miami, FL, 33187 is a Commercial Property for sale at $1,180,000 with 3,335 sqft and a lot size of 1.78. 16020 SW 208th Ave has 1 bedroomsThe property's zip code is 33187 which is in Miami, FL