For sale

$2,190,000

205 NW 159th St, Miami, FL 33169

16beds

12baths

6,756sqft

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Quadruplex

Built in 2024

-- sqft lot

$-- Zestimate^®

$324/sqft

$-- HOA

What's special

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.

7 days

100

8

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 12

Heating

Electric

Cooling

Zoned

Features

Flooring: Tile, Wood

Interior area

Total structure area: 6,756
Total interior livable area: 6,756 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 8

Features

Stories: 2

Lot

Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot

Details

Parcel number: 3021130010250
Zoning: 3700

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Concrete Block Construction
Roof: Shingle

Condition

Updated/Remodeled
Year built: 2024

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Bisc Gardens Sec B

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $324/sqft
Tax assessed value: $1,169,004
Annual tax amount: $17,674
Date on market: 6/28/2026
Listing terms: All Cash,Conventional
Total actual rent: 180888

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/30/2026	Listed for sale	$2,190,000$324/sqft
Source: MIAMI #A12045641 Report a problem
6/25/2026	Listing removed	$2,190,000$324/sqft
Source: MIAMI #A12010759 Report a problem
5/4/2026	Listed for sale	$2,190,000+1130.3%$324/sqft
Source: MIAMI #A12010759 Report a problem
7/31/2019	Sold	$178,000+11.3%$26/sqft
Source: Public Record Report a problem
8/23/2018	Sold	$160,000$24/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,952 +188.7%	$924,585 +368.1%
2024	$6,218 +25%	$197,521 +10%
2023	$4,973 +11.8%	$179,565 +10%
2022	$4,448 +68.6%	$163,241 +10%
2021	$2,638 -0.3%	$148,401
2020	$2,646 +12.7%	$148,401 +12.5%
2019	$2,348 +2.5%	$131,912
2018	$2,290	$131,912
2017	$2,290 -1.4%	$131,912 +33.3%
2016	$2,322 +27.7%	$98,934
2015	$1,818 +95%	$98,934
2001	$932	--

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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