16020 SW 208th Ave, Miami, 33187

  • $1,999,999

Listing UP for Sale

Miami

Overview

Property ID: A11455907
  • Property Type
  • Quadruplex
  • 3335
  • sqft
  • 2015
  • Year Built

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 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

  • Address 16020 SW 208th Ave
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33187
  • Area Miami-dade County
  • Country United States

Details

Updated on April 28, 2024 at 8:00 pm
  • Property ID: A11455907
  • Price: $1,999,999
  • Property Size: 3335 sqft
  • Year Built: 2015
  • Property Type: Quadruplex
  • Property Status: Listing UP for Sale

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Xavier Gonzalez
  • Xavier Gonzalez