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.
- Swimming Pool
- Heating System
- Cooling System
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33187
- Street:
- 16020 Sw 208th Ave, Miami, Florida 33187
- Longitude:
- W81° 28' 16.6''
- Latitude:
- N25° 35' 16.6''
- Building Area:
- 77,537 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 68
- DOM:
- 68
- Flooring:
- Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash
- Lot Features
- Parcel Number:
- 30-58-28-000-3930
- Subdivision Name:
- N/A
- Tax Annual Amount:
- $11,591
- Tax Year:
- 2024
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
16020 Sw 208th Ave, Miami, Florida 33187, Miami, Florida 33187
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $999,999
- Square Footage :
- 3,335 Sqft
- Year Built :
- 2015
- MLS # :
- A11930288
- Property Sub Type :
- Triplex
