Miami, FL 33187

Property

Ownership: For Sale
Type: Residential
Pets: No Pets Allowed
Lot Size: 1.78 Acres

Financials

Price:$1,180,000
Annual Taxes:$11,591
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Avenew Realty Corp

Exceptional income producing residential compound situated on almost 2 acres in the Redlands.

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.

Amenities

  • CableAvailable
  • ElectricityAvailable
  • NaturalGasAvailable
  • WaterAvailable

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.