205 NW 159th St, Miami FL 33169, Miami
$2,190,000
Miami, FL, 33169
Property details
- Living area
- 6,756 sqft
- Year built
- 2024
- Type
- Quadruplex
- Days on market
- 4
- MLS #
- A12045641
Listing courtesy of Fausto Commercial Realty Consultants Inc · 786-748-7373. Listing agent: Benjamin Kunzle. MLS data last updated 2026-07-02.
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.
205 NW 159th St, Miami FL 33169, Miami — for sale, listed for $2,190,000 (6,756 sqft).
63 listings for sale in 33169 · median $15,000.
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Current market segment
Right now: 63 active listings for sale in 33169, median asking price $15,000.
n=63 · 2026-07-25 · Methodology
Are sellers cutting prices here?
21% of the 63 active listings for sale in 33169 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=63 · 2026-07-25 · Methodology
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Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Local market report
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-25 · Methodology
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