Miami, FL

16020 SW 208th Ave, Miami FL 33187

3335 SF LIVING AREA
$1,999,999

Key Details

Status
Active
Property Type
Quadruplex
Year Built
2015

Overview

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

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