16020 Southwest 208th Avenue

Miami, FL 33187

$1,999,999
Price
Beds
3,335 Sq. Ft.
$600 / Sq. Ft.
3,335
Sq. Ft.
$600
per Sq. Ft.

Description

Income producing property on 2+/- acres corner lot
Current NOI $161k w/ owner running Airbnb in 1 unit, projected NOI $244.7k Seller financing Drone footage and Financials available upon request
1x 3-unit structure (built 2019), 1x 2-unit structure (built 2012), 1x 1bed, plus1 RV being used as an apartment, room to add more RV's or build your very own ranch home
Total monthly income $14,350. Projected monthly $21,200 gross w/ Section 8 (source: HudUser) Since Housing Authority is severely in need of
...Income producing property on 2+/- acres corner lot
Current NOI $161k w/ owner running Airbnb in 1 unit, projected NOI $244.7k Seller financing Drone footage and Financials available upon request

1x 3-unit structure (built 2019), 1x 2-unit structure (built 2012), 1x 1bed, plus1 RV being used as an apartment, room to add more RV's or build your very own ranch home

Total monthly income $14,350. Projected monthly $21,200 gross w/ Section 8 (source: HudUser) Since Housing Authority is severely in need of more Sec. 8 Landlords, potential to earn even higher premiums on rents. Buyer responsible for all DD. Has coin laundry, nursery, fruit trees ,well water, 2 electric gates(2 private entrances). Horse stable can be rented out for add'l $

All structures on the property are legal
  1. Listed by Xavier Gonzalez • New Wave Realty, LLC.

Property Details for 16020 Southwest 208th Avenue

Subdivision
Redlands
Style
Fourplex
Waterfront
No
Area
58
Auction
No
Total Units
7
Num Stories
2
Sq Ft Total
4705

Location

Listing Courtesy of New Wave Realty, LLC.
Add your commute
LISTING UPDATED: 04/27/2024 08:02 PM

Property Details for 16020 Southwest 208th Avenue

StatusActive
MLS #A11455907
Days on Market228
Taxes$1,173 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built2015
Lot Size-
CountyMiami-Dade County

Location

Listing Courtesy of New Wave Realty, LLC.
Add your commute

Building Information for 16020 Southwest 208th Avenue

Stories-Residences7Year Built2015Building Size-Lot Size-

Payment Calculator

$11,013 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$98

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16020 Southwest 208th Avenue

Location Information
Location Information
  • Parcel Number Free Text: 30-58-28-000-3930
  • Parcel Number MLX: 3930
  • MLS Area: 58
  • Municipal Code: 30
  • Township Range: 58
  • Section: 28
  • Subdivision Number: 0
  • Subdivision Complex Bldg: Redlands
  • Zoning Information: 8900
General Information
Parking
  • Num Parking Spaces: 15
General Information
  • Property Type Information: Detached, Ranch, Substantially Remodeled
  • Lot Description: 1 To Less Than 2 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction, Concrete Block With Brick, CBS Construction
  • Construction Type: Concrete Block Construction, Concrete Block With Brick, CBS Construction
  • Roof Description: Shingle Roof
  • Flooring: Tile Floors, Vinyl Floors
  • Floor Description: Tile Floors, Vinyl Floors
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat, Window/Wall
  • Cooling Description: Ceiling Fans, Central Cooling, Wall/Window Unit Cooling
  • Sewer Description: Other Sewer, Septic Tank
  • Separate Meter: No
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Cable Tv, Electric, Lawn Care, Pest Control, Trash Removal, Water
  • Exterior Features: Barn &/Or Stalls, Fence, Fruit Trees, Laundry Facility, Patio, Room For Pool, Stables
Financial Information
Financial Information
  • Total Mortgage: $460,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2022
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
  • Information Available: Other Available Information

Property History for 16020 Southwest 208th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16020 Southwest 208th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$10,534 ($878 / month)
Home Facts
Beds0Total Finished SqFt2,120 SqFtAbove Grade Finished SqFt2,120 SqFtStories1Lot Size77,537 SqFtStyleMiscellaneous Vacant LandYear Built2015ZoningINTERIM-AWAITCountyMIAMI-DADEAPN30-5828-000-3930

Schools near 16020 Southwest 208th Avenue

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Redland Elementary School
PublicPK to 5

Jorge Mas Canosa Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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16020 Southwest 208th Avenue is a multi-family home for sale in Miami, FL 33187. This property was listed for sale on September 19, 2023 by New Wave Realty, LLC., it's currently listed at $1,999,999. It has been on the market for a total of 228 days and was last sold on October 31, 2013. This listing's school district is Miami-Dade. Nearby schools include Redland Elementary School, Air Base K-8 Center for International Education and Jorge Mas Canosa Middle School. 16020 Southwest 208th Avenue is a 0-bed, 0-bath, 3,335 sqft multi-family home built in 2015.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Wave Realty, LLC.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.