Price Reduced 1.69%
Price History
$1,180,000
12/17/2025
$1,160,000
2/5/2026
16020 SW 208th Ave, Miami, FL, 33187
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.
Status:
Active
Type:
Land (Residential)
Zoning:
8900
Subdivision:
N/A
Acreage:
1.78
Est. Taxes:
$11,591
Utilities
Cable Available,Electricity Available,Natural Gas Available,Water Available
Days on Market:
50
MLS #:
A11931557
Community Info
School Info
Walk Score
Yelp
Listing courtesy of Avenew Realty Corp 786-888-0198