- Overview
- Description
- Property Details
- Location
- Getting Around
$2,190,000
16 Beds
12 Baths
6,756sqft
205 Nw 159Th St, Miami, FL 33169
$2,190,000
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Quadruplex
Built in 2024
$-- HOA
-- sqft lot
$324/sq.ft
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 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 construct...
Continue Reading- Houzeo last checked: 55 minutes ago
- Listing updated: July 4, 2026 at 5:59 am
- Listing Provided by: Benjamin Kunzle (754) 204-8236 DRE #3634365 | Fausto Commercial Realty Consultants Inc (786) 748-7373
- Source: Beaches MLS-FL | MLS#: A12045641
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
2024
HOA Fees
-
Finished Area
6,756 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12045641
MLS Status
Active
Days on Market
35
Cumulative Days on Market
4
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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