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$2,190,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • Updated 12 days ago
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Turnkey 2024-built fourplex in Biscayne Gardens, 100% leased to Section 8 tenants. Four spacious 4-bed/3-bath units on two floors, 6,756 SF on a 16,489 SF corner lot. Concrete-block, hurricane-resistant build with builder warranty in place; each unit separately metered, so tenants pay their own utilities. Steady, government-backed income of $180,888/year ($15,074/month) for a 7.13% cap at the $2,190,000 price. Built-in upside to a 7.49% cap: raise two units to the Section 8 rents the other two already collect. Minutes to I-95, the Florida Turnpike, Aventura, and Hard Rock Stadium, in a high-demand corridor with a voucher waitlist of 50,000+ households. Brand-new construction, immediate cash flow, and clear value-add. Excellent 1031 or core-plus buy.

Full Property Details for 205 NW 159th St

General

  • Price: $2,190,000
  • Taxes: $17,674 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12045641
  • Updated: 7/2/2026
  • Added to Site: 16 day(s) ago

Rental Information

  • Rent Includes: Gardener

Interior

  • Flooring: Tile, Wood

Parking

  • Total Spaces: 8

Location

  • Area: Bisc Gardens Sec B
  • County: Miami-Dade County
  • Subdivision: BISC GARDENS SEC B
  • Building Name: BISC GARDENS SEC B

Community

  • Community Name: Bisc Gardens Sec B
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Zoned
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Attached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Shingle
  • Stories/Levels: 2
  • Building Size: 6756
  • Square Feet: 6,756
  • Living Area: 6,756 Sq. Ft.
  • Year Built: 2024
  • Property Condition: Substantially Remodeled

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot
  • Zoning: 3700

Financial Considerations

  • Price Per Sq. Ft.: $324.16
  • Operating Expenses: $24,774
  • Tax Amount: $17,674
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Other Available Information, Rent Rolls
  • Legal Description: BISCAYNE GARDENS SEC B PB 40-49 LOT 421 LOT SIZE 16489 SQUARE FEET OR 19796-4430 07 2001 (2)
  • Property ID: 30-21-13-001-0250

Listed by Fausto Commercial Realty Consultants Inc

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Listing agent

— 205 NW 159th St —

  • Fausto Commercial Realty Consultants Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 205 NW 159th St

School District:Dade County School District
NameGradesDistance
Thomas Jefferson Middle School, Miami, FL
525 Northwest 147th Street, Miami, FL 33168
6-80.8 mi
Linda Lentin K-8 Center
14312 Ne 2nd Ct, North Miami Beach, FL 33161
PK-51.1 mi
North Miami Senior High School
13110 Northeast 8th Avenue, North Miami, FL 33161
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 205 NW 159th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/28/2026
Listed
$2,190,000
1130.34%
MLS
7/25/2019
Sold
$178,000
—
Public Record
Get Price Alerts and Save Property
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 for 205 NW 159th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,410
196%
$924,585
100%
2024
$6,218
25%
$461,692
—
2023
$4,973
89%
$461,692
211%
2021
$2,638
-41%
$148,401
-64%
2022
$4,448
89%
$412,225
212%
2019
$2,348
3%
$131,912
—
2018
$2,290
-1%
$131,912
—
2017
$2,322
30%
$131,912
33%
2016
$1,787
-2%
$98,934
—
2015
$1,818
-2%
$98,934
—
2014
$1,864
1%
$98,934
1%
2013
$1,849
—
$97,945
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Fausto Commercial Realty Consultants Inc

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205 NW 159th St, Miami, FL 33169 (MLS# A12045641) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 205 NW 159th St is currently listed for $2,190,000 and was received on June 28, 2026. Want to learn more about 205 NW 159th St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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