7 months on rocket

16020 SW 208th Ave, Miami, FL, 33187

$1,999,999

Home List Price

$10,000*

Closing Credit

0 Baths
3,335 SqFt
$600/SqFt
Multi
Schools Nearby

Location

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16020 SW 208th Ave, Miami$1,999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built2015
HeatingCentral, Electric, Wall Furnace
CoolingCentral Air, Ceiling Fan(s), Wall/Window Unit(s)
MLS #A11455907
StatusActive

About 16020 SW 208th Ave

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

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 2015
  • Stories: 2
  • Living Area: 3,335 SqFt

Listing Office:

  • Office Name: New Wave Realty, LLC.
  • Office Phone: (305) 530-1212
  • Listing Agent: Xavier Gonzalez

Interior Features

Interior Information:

  • Flooring Type: Tile, Vinyl

Exterior Features

Exterior Information:

  • Exterior: Fence, Fruit Trees, Patio, Room For Pool

Virtual/3D Tour

  • Virtual Tour: 16020 SW 208th Ave

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Utilities

Utilities Information:

  • Heating: Central, Electric, Wall Furnace
  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • South Dade Senior High School, Public Magnet Grades 9-12
  • Jorge Mas Canosa Middle School, Public Magnet Grades 6-8
  • Redland Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,999
  • Price Per SqFt: $600/SqFt

Tax Information:

  • Annual Amount: $861
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

16020 SW 208th Ave vs Miami

225 DAYS ON ROCKET

+169 Days

$1,999,999

+$1.4M More

$600/SqFt

+$217 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $217/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11455907

Listing Office:

  • Office Name: New Wave Realty, LLC.
  • Office Phone: (305) 530-1212
  • Listing Agent: Xavier Gonzalez

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 7:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$861$53,480
2018$634$28,431

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5205644
5
/10

  • Redland Elementary School

  • 24501 SW 162nd Ave

  • 7.14 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5205645
6
/10

  • Jorge Mas Canosa Middle School

  • 15735 SW 144th St

  • 5.22 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5205646
3
/10

  • South Dade Senior High School

  • 28401 SW 167th Ave

  • 9.00 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,472. Most Miami, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33187›16020 SW 208th Ave

This home is located at 16020 SW 208th Ave in Miami, FL and zip code 33187. This 3,335 square foot home was built in 2015. It has been listed on Rocket Homes since September 20, 2023 and is currently priced at $1,999,999.

Over 120 listings were sold over their listed price in April 2024 in Miami, FL. In the same period over 608 listings were sold below the listed price and 157 listings were sold for the listed price. The number of listings in Miami, FL increased by 7.2% between March 2024 and April 2024. Listings spent 56 days on the market in April 2024, and had a median list price of $546,178 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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