1720 NW 124th Ter, Miami FL 33167 | Miami-Dade County | A11983596
- $780,000
- $780,000
Description
Exceptional income-producing investment opportunity in a rapidly growing area! This unique single-family property is ideally located near Miami Dade College North Campus and just steps from new residential development by Lennar, making it highly attractive for tenants and investors alike.
The property features five spacious efficiencies, each with 1 bedroom and 1 bathroom, plus the main home offering 3 bedrooms and 1 bathroom. Every unit has its own private entrance, providing privacy and convenience for residents. The property also offers ample parking spaces, an important feature for multi-unit living.
This property is fully income-producing and currently generates approximately $9,800 per month in rental revenue, creating an excellent cash-flow opportunity for investors seeking immediate returns. The layout allows for multiple income streams while maintaining strong tenant demand due to its strategic location.
Conveniently located near major highways, shopping centers, restaurants, and educational institutions, the property benefits from consistent rental demand driven by students, professionals, and families in the area.
Whether you are looking to expand your investment portfolio, secure a high-performing rental property, or benefit from long-term appreciation in a developing neighborhood, this property offers both strong cash flow and future growth potential.
Do not miss this rare investment opportunity in a prime Miami-Dade location!
Property Overview
This property is a 2,225 square foot residence built in 1952, featuring 8 bedrooms and 6 bathrooms. It is currently listed for $780,000.
The property is located at 1720 NW 124th Ter, Miami FL 33167, in Miami-Dade County. The MLS number for this listing is A11983596.
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Address
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Address: 124th Ter
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33167
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Area: RANDALL PARK
Details
Updated on March 18, 2026 at 3:36 am-
Property ID A11983596
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Price $780,000
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Property Size 2225 Square Feet
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Bedrooms 8
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Bathrooms 6
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Garages 2
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Year Built 1952
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Type Single Family Residence
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Property Status Residential
Additional details
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Full Bathrooms 6
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Half Bathrooms 0
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Building Area 3255
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Building RANDALL PARK
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Construction Concrete Block Construction, CBS Construction
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Cooling Central Air
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Covered Spaces 2
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Heating Central
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High School Miami Central
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Listing Terms All Cash, Conventional
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Lot Size (Sq Ft) 10162
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Area Randall Park
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Middle School North Dade
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Parking Additional Spaces Available, Driveway
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Patio / Porch Patio
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Structure Type R30-No Pool/No Water, House
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Annual Tax 7200
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Tax Year 2025
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View Garden, None
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Year Built Details Effective Year Built
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