16020 SW 208th Ave, Miami FL 33187

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.

This triplex home located at 16020 SW 208th Ave, Miami FL 33187 is currently for sale and has been available on Brickellsold for 68 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is 3335 square feet. It was built in 2015. 16020 SW 208th Ave, Miami FL 33187 is in Miami county Miami-Dade County.