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$1,180,000
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Property Description
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.
Full Property Details
Full Property Details for 16020 SW 208th Ave
General
- Price: $1,180,000
- Taxes: $11,591 (2024)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11930288
- Updated: 1/3/2026
- Added to Site: 34 day(s) ago
Rental Information
- Rent Includes: Cable TV, Electricity, Gardener, Pest Control, Trash Collection, Water
Interior
- Flooring: Tile
Location
- County: Miami-Dade County
- Subdivision: N/A
Community
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
Structural Information
- Architectural Style: Detached, Ranch
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 77537
- Square Feet: 3,335
- Living Area: 3,335 Sq. Ft.
- Year Built: 2015
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: 1 To Less Than 2 Acre Lot
- Zoning: 8900
Financial Considerations
- Price Per Sq. Ft.: $353.82
- Tax Amount: $11,591
- Tax Year: 2024
- Terms: All Cash, Conventional, Cryptocurrency, FHA-Va Approved
Disclosures and Reports
- Documents Avail.: Rent Rolls
- 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
- Property ID: 30-58-28-000-3930
Listed by Avenew Realty Corp
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Schools
Schools serving 16020 SW 208th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Redland Elementary School, Homestead, FL 24501 Southwest 162nd Avenue, Homestead, FL 33031 | PK-5 | 7.1 mi |
Jorge Mas Canosa Middle School 15735 Southwest 144th Street, Miami, FL 33196 | 6-8 | 5.2 mi |
South Dade Senior High School 28401 Southwest 167th Avenue, Homestead, FL 33030 | 9-12 | 9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16020 SW 208th Ave
Date
Details
Price
Change
Source
12/14/2025
Listed
$1,180,000
4114.29%
MLS
10/31/2013
Sold
$28,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16020 SW 208th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,002
4%
$703,877
-1%
2023
$10,534
798%
$709,175
679%
2022
$1,173
30%
$90,980
70%
2021
$905
23%
$53,480
29%
2019
$734
16%
$41,480
46%
2018
$634
13%
$28,431
-20%
2017
$560
3%
$35,600
32%
2016
$545
17%
$26,922
10%
2015
$464
12%
$24,475
10%
2014
$415
-25%
$22,250
-21%
2013
$557
—
$27,999
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16020 SW 208th Ave
16020 SW 208th Ave, Miami, FL 33187 (MLS# A11930288) is a Triplex property with 0 bedrooms and 0 full bathrooms. 16020 SW 208th Ave is currently listed for $1,180,000 and was received on December 14, 2025. Want to learn more about 16020 SW 208th Ave? Do you have questions about finding other Triplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

