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$2,190,000

For Sale

6 hours ago

205 Nw 159Th St, Miami, FL

House

MLS® A12045641

0 Bed

0 Bath

6756 sqft

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 6756 sqft
Garage 
Taxes $17,674
Days Active 0
Lot Size 
Approx. Age 2024
Avg. Price Per Sqft $324
MLS® Number A12045641

Property Address: 205 Nw 159th St, Miami, FL, 33169-6642

Average square foot calculated using Size range provided by listing agent.

Description

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 an 8.56% cap: convert the oversized garage into a permitted fifth unit and 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.
MLS® NumberA12045641
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2024
Basement
Driveway
Garage Spaces
HeatElectric, Separate Meters
A/CZoned

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 30, 2026List Date
$2,190,000List Price
  • Commute

Commute

Starting Address
Destination Address
205 Nw 159Th St, Miami, FL

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