$999,999

16020 SW 208th Ave, Miami FL 33187

Income/MultiFamily
77,537 Square Feet lot
26 days on market

About this property

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.

Property Details

Exterior

  • Waterfront: No

Interior

  • Building Area Total: 3335

Location

  • City: Miami
  • County: Miami-Dade County
  • State: FL
  • Zoning: 8900

Construction

  • New Construction: No
  • Sewer: Septic Tank
  • Water Source: Well

Public Info

  • Lot Size: 77,537 Square Feet
  • APN: 30-58-28-000-3930

Tax Information

  • Annual Tax Amount: $11,591

Price History

2/20/2026 Listed for Sale
Source: Miami REALTORS®
$999,999
$299/sqft
2/20/2026 Listed for Sale
Source: Miami REALTORS®
$999,999
2/20/2026 Listed for Sale
Source: Miami REALTORS®
$999,999
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.