Seller Financing
Address
16020 SW 208th Ave, Miami, FL
Price
$ 1,999,999
Property Attributes
- MLS#A11455907
- TypeIncome
- CountyMIAMI-DADE
- CityMiami
- Area58
- NeighborhoodRedlands
- Zip33187
- StyleFourplex
- Year Built2015
- Taxes$ 1173
- Price$ 1,999,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3335
Data Source:
Southeast Florida MLS (SEFMLS)
Property 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
| Price History | |
|---|---|
| 9/20/2023 | Listed $1,999,999 |
General Features
| Sewer | Other,SepticTank |
|---|---|
| Heating | Central,Electric,WallFurnace |
| Cooling | CentralAir,CeilingFans,WallWindowUnits |
| Utilities | CableAvailable |
| Possession | CloseOfEscrow |
| Roof | Shingle |
| Exterior Features | Fence,FruitTrees,Patio,RoomForPool |
| Patio/Porch Features | Patio |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Brick,Block |
| Year Built | 2015 |
| Stories | 2 |
| Levels | Two |
| Property SubType | Quadruplex |
| Tax Year | 2022 |
| Community Features | LaundryFacilities |
| County | Miami-Dade County |
| New Construction | No |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Redlands |
| Garage Y/N | No |
| Other Structures | Barns,Stables |
| Rent Includes | Electricity,Gardener,PestControl,TrashCollection,CableTV,Water |
| Special Listing Conditions | ListedAsIs |
| Status | Active |
| City | Miami |
| Buyer Agent Compensation | 2% |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | 8900 |
| MLS Area | 58 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 208th Ave |
| Listing Terms | Cash,Cryptocurrency,OwnerMayCarry |
| Property Attached Y/N | No |
| Year Built Details | Effective Year Built |
| Land Lease Y/N | No |
| Tax Annual Amount | 1173.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11455907 |
| Days on Market | 221 |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Property Sub Type Additional | Quadruplex |
| MobileHomeRemainsYN | No |
| PostalCity | Miami |
| Legal Description | 28 55 38 1.78 AC M/L N329.85FT OF W1/2 OF E1/2 OF SE1/4 LESS W425FT THEREOF OR 11444-1585 0382 |
Interior Features
| Flooring | Tile,Vinyl |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | Item12Acres |
|---|---|
| Total Parking | 15.0 |
| Spa | No |
| Building Area Total | 4705.0 |
| Lot Size Units | SquareFeet |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33187
Price
Taxes
Visits
Year Built
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Data Last Updated: May 17, 2024 10:38 AM UTC
Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
