1720 NW 124th Ter, Miami FL 33167 | Miami-Dade County | A11983596
  • $750,000

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!

  • Address: 124th Ter
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33167
  • Area: RANDALL PARK

Details

Updated on March 17, 2026 at 2:52 am
  • Property ID A11983596
  • Price $750,000
  • Property Size 2225 Square Feet
  • Bedrooms 8
  • Bathrooms 6
  • Garages 2
  • Year Built 1952
  • Type Single Family Residence
  • Property Status Residential

Additional details

  • ArchitecturalStyle Detached, One Story
  • BathroomsFull 6
  • BathroomsHalf 0
  • BuildingAreaTotal 3255
  • BuildingAreaUnits Square Feet
  • BuildingName RANDALL PARK
  • CommunityFeatures Underground Utilities
  • ConstructionMaterials Concrete Block Construction, CBS Construction
  • ContractStatusChangeDate 2026-03-16
  • Cooling Central Air
  • CoveredSpaces 2
  • DaysOnMarket 0
  • DirectionFaces North
  • DoorFeatures High Impact Doors
  • Electric Circuit Breakers
  • ExpirationDate 2026-07-17
  • Fencing Fenced
  • Heating Central
  • HighSchool Miami Central
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 3058348695
  • ListingTerms All Cash, Conventional
  • LotFeatures 3/4 To Less Than 1 Acre Lot
  • LotSizeSquareFeet 10162
  • MLSAreaMajor Randall Park
  • MajorChangeTimestamp March 16, 2026 at 04:22pm
  • MajorChangeType New
  • MiddleOrJuniorSchool North Dade
  • MlsStatus Active
  • ModificationTimestamp March 16, 2026 at 08:00pm
  • OnMarketDate 2026-03-16
  • OriginalEntryTimestamp March 16, 2026 at 04:22pm
  • OriginalListPrice 750000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 30-21-27-008-2030
  • ParkingFeatures Additional Spaces Available, Driveway
  • PatioAndPorchFeatures Patio
  • PhotosChangeTimestamp March 16, 2026 at 04:44pm
  • PhotosCount 73
  • PostalCodePlus4 2176
  • PriceChangeTimestamp March 16, 2026 at 04:22pm
  • PublicSurveyRange 21
  • PublicSurveySection 27
  • PublicSurveyTownship 21
  • Roof Shingle
  • RoomsTotal 0
  • SecurityFeatures Smoke Detector
  • Sewer Septic Tank
  • ShowingInstructions Appointment Only
  • SourceSystemKey 442647487
  • StateOrProvince FL
  • StatusChangeTimestamp March 16, 2026 at 04:22pm
  • StreetDirPrefix NW
  • StreetName 124th Ter
  • StreetNumber 1720
  • StreetNumberNumeric 1720
  • StructureType R30-No Pool/No Water, House
  • SyndicationRemarks 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!
  • TaxAnnualAmount 9200
  • TaxLegalDescription RANDALL PARK PB 53-20 LOT 23 BLK 10 LOT SIZE 10, 162 SQ FT M/L OR 18082-4561 1096 1
  • TaxYear 2025
  • View Garden, None
  • WaterSource Municipal Water
  • YearBuiltDetails Effective Year Built
  • Zoning 0100

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Christopher Lazaro

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