16020 SW 208th Ave, Miami, FL 33187
sale
$1,180,000
|
Single Family Attached
Courtesy Of Avenew Realty Corp.
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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Property Features
- Architecture Style: Other
- Building Units: 5
- 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
- MLSID: A11952386
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