16020 208th Ave ,Quadruplex, Redlands for Sale

16020 208th Ave for Sale

Price $1,999,999.00

• Lot size 4705
• Year Build 2015
• Waterfront
• Zip 33187
• Style Detached, Ranch
• Parking Description
• Pool Yes
• Status Active

Description

7-Units on 2+/- acres, corner lot, current NOI $110k w/ owner living in 1 unit, projected NOI of $173.1k *SELLER FINANCING AVAILABLE* Drone footage and Income+Expense Summary available upon request 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 or build your very own ranch home. income boost when owner moves out after sale. All units are 2B/1Ba Total monthly income of $10.8k with projected monthly net of $16,100 after owner leaves and 2 RVs added. Has a coin laundry, a nursery, fruit trees ,well water and 2 electric gates(2 private entrances). Small horse stable can be rented out for additional income. Ample room to add more RV?s. All structures on the property are legal.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

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

1 To Less Than 2 Acre Lot

7-Units on 2+/- acres, corner lot, current NOI $110k w/ owner living in 1 unit, projected NOI of $173.1k *SELLER FINANCING AVAILABLE* Drone footage and Income+Expense Summary available upon request 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 or build your very own ranch home. income boost when owner moves out after sale. All units are 2B/1Ba Total monthly income of $10.8k with projected monthly net of $16,100 after owner leaves and 2 RVs added. Has a coin laundry, a nursery, fruit trees ,well water and 2 electric gates(2 private entrances). Small horse stable can be rented out for additional income. Ample room to add more RV?s. All structures on the property are legal.

City:Miami,Sewer:1:Septic Tank,Zoning:8900,Cooling:1:Central Air,2:Wall/Window Unit(s),Heating:1:Electric,2:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Flooring:1:Vinyl,Latitude:25.6151572,Cooling Y N:1,Heating Y N:1,List Price:1999999,Listing Id:A11455907,Longitude:-80.5296285,Mls Status:Active,Year Built:2015,Living Area:3335,Postal Code:33187,Street Name:208th Ave,Coordinates:1:25.6151572,Photos Count:7,Building Name:Redlands,Days On Market:6,Listing Terms:1:Owner Will Carry,2:Owner Hold 2nd Mortgage,3:Owtb Wrap,Lot Size Units:Square Feet,M L S Area Major:Redlands,On Market Date:2023-09-19,Parcel Number:30-58-28-000-3930,Parking Total:15,Property Type:Residential Income,Rent Includes:1:Electricity,2:Gardener,3:Pest Control,4:Trash Collection,5:Water,Stories Total:2,Street Number:16020,M I A M I R E_ Style:Fourplex,Public Remarks:7-Units on 2+/- acres, corner lot, current NOI $110k w/ owner living in 1 unit, projected NOI of $173.1k *SELLER FINANCING AVAILABLE* Drone footage and Income+Expense Summary available upon request 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 or build your very own ranch home. income boost when owner moves out after sale. All units are 2B/1Ba Total monthly income of $10.8k with projected monthly net of $16,100 after owner leaves and 2 RVs added. Has a coin laundry, a nursery, fruit trees ,well water and 2 electric gates(2 private entrances). Small horse stable can be rented out for additional income. Ample room to add more RV?s. All structures on the property are legal.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2024-06-09,List Office Name:New Wave Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5609,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:Redlands,Tax Annual Amount:1173,Unparsed Address:16020 SW 208th Ave, Miami FL 33187,Exterior Features:1:Room For Pool,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:4705,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:599.6999,Original List Price:1999999,Public Survey Range:58,Architectural Style:1:Ranch,I D X Participation Y N:1,Number Of Units Total:7,Syndication Remarks:7-Units on 2+/- acres, corner lot, current NOI $110k w/ owner living in 1 unit, projected NOI of $173.1k *SELLER FINANCING AVAILABLE* Drone footage and Income+Expense Summary available upon request 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 or build your very own ranch home. income boost when owner moves out after sale. All units are 2B/1Ba Total monthly income of $10.8k with projected monthly net of $16,100 after owner leaves and 2 RVs added. Has a coin laundry, a nursery, fruit trees ,well water and 2 electric gates(2 private entrances). Small horse stable can be rented out for additional income. Ample room to add more RV?s. All structures on the property are legal.,Listing Contract Date:2023-09-19,Originating System I D:miamire,Public Survey Section:28,Showing Instructions:24 Hour Notice,Call Listing Agent,See Broker Remarks,Showing Assist,Street Number Numeric:16020,Tax 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,Public Survey Township:58,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:3902,Contract Status Change Date:2023-09-19,Internet Address Display Y N:1,Number Of Units In Community:7,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:599.7,