205 NW 159th Street, Miami, FL 33169

• 6,756 sqft

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.

Listing Status:

Active

Date Added:

June 28, 2026

Data Last Updated:

August 1, 2026 at 9:21PM

Listing Office:

Fausto Commercial Realty Consultants Inc : 786-748-7373

Listing Agent:

Benjamin Kunzle : 754-204-8236

MLS ID:

A12045641

Interior

• Flooring: LaminateTileWood
• A/C: Zoned
• Heating: ElectricSeparate Meters

Exterior

• Parking: Parking spaces: 8

Construction

• Roofing: Shingle
• General: Block2

Location

• Originating MLS: BEACH_MIAMI
• County: Miami-Dade

Lot

• Zoning: 3700BISCAYNE GARDENS SEC B PB 40-49 LOT 421 LOT SIZE 16489 SQUARE FEET OR 19796-4430 07 2001 (2)3021130010250

Utilities

• Utilities: Cable Available
• Sewer: Public Sewer

Financial

• Source: BEACH_MIAMI