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 income/multifamily home located at 16020 SW 208th Ave, Miami FL 33187 is currently for sale and has been available on Brickellsold for 26 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is N/A square feet. 16020 SW 208th Ave, Miami FL 33187 is in Miami county Miami-Dade County.