205 NW 159th St, Miami, FL 33169
205 NW 159th St, Miami, FL 33169
205 NW 159th St, Miami, FL 33169
205 NW 159th St, Miami, FL 33169
205 NW 159th St, Miami, FL 33169
205 NW 159th St, Miami, FL 33169
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Dollys Vargas

Dollys Vargas

+1(407) 353-5949
$ 2,190,000
Est. payment | /mo

6,756 SqFt

Save Virtual Tour
$ 2,190,000
Est. payment | /mo
Save Virtual Tour

6,756 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,756 sqft

Price per Sqft $324

Subdivision Bisc Gardens Sec B

MLS Listing ID A12045641

Style Fourplex

HOA Y/N No

Year Built 2024

Annual Tax Amount $17,674

Tax Year 2025

Property Sub-Type Quadruplex

Property 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 construction, immediate cash flow, and clear value-add. Excellent 1031 or core-plus buy.

Location

State FL

County Miami-dade

Community Bisc Gardens Sec B

Area 21

Interior

Heating Electric

Cooling Zoned

Flooring Hardwood, Laminate, Tile, Wood

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description Corner Lot, 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 30-21-13-001-0250

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12045641

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

NEARBY SCHOOLS & PROPERTIES

Dollys Vargas

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(407) 353-5949

realtor@dollysvargas.com

1400 S International Pkwy, Mary, FL, 32746

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205 NW 159th St