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Residential Income
$1,999,999
16020 SW 208th Ave Miami, FL

A11455907

335 of 417 for Sale
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  • Listed On:

    Sep 20, 2023
  • Days on Market:

    226
  • Year:

  • Taxes:

    $1,173 per year
  • Floor Description:

    Tile, Vinyl
  • Occupancy:

  • Zoning:

  • Parking:

16020 SW 208th Ave Miami, FL 7-Units on 2+/- acres, corner lot, current NOI $110k w/ owner living in 1 unit, projected NOI of $173.1k - Asking $1.99M *SELLER FINANCING AVAILABLE* 1 triplex (built 2019), 1 Duplex (built 2012), 1 efficiency on back of the property, plus1 RV being used as an apartment, room to add 2 more RV`s. income boost when owner moves out after sale. Total monthly NET income of $10,800 with projected monthly net of $16,100 after owner leaves and 2 RVs added. Has a coin laundry and a nursery. The property has fruit trees ,well water and 2 electric gates, for a total of 2 private entrances. Small horse stable can be rented out for additional income. Property has fruit trees, well water, and 2 private entrances. Ample room to add more RV’s. All structures on the property are legal.

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