2924 NW 132nd Ter, Opa-Locka FL 33054 | Miami-Dade County | A11896901

$1,750,000

Description

Outstanding income-producing property! This beautifully maintained fourplex features four spacious 2-bedroom, 1-bath units, each currently rented at an average of $1,850 per month, providing immediate and consistent cash flow.
All units are equipped with central A/C, stainless steel appliances, and accordion hurricane shutters for added safety and low-maintenance ownership. The property sits on an oversized 14,000-sq-ft lot, offering generous parking and a well-kept common area.

For investors seeking scale, the neighboring fourplex (same owner) is also available. Together, the combined 28,000-sq-ft assemblage opens the door for future development of up to 50 units, according to city zoning.
Buy today and start collecting rent tomorrow—an ideal blend of cash flow and future upside.

Address

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Address: 132nd Ter
City: Opa-Locka
State/county: Miami-Dade County
Zip/Postal Code: 33054
Area: NILE GARDENS SEC 2

Details

Updated on October 21, 2025 at 11:09 pm

Property ID A11896901
Price $1,750,000
Property Size 3618 Square Feet
Year Built 1969
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 3618
BuildingAreaUnits Square Feet
BuildingName NILE GARDENS SEC 2
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-10-21
Cooling Central Air
DaysOnMarket 0
DocumentsAvailable Copy Of Lease(S)
ExpirationDate 2026-10-24
Flooring Ceramic Floor
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 239-823-7566
ListAgentEmail ISOrealtyllc@gmail.com
ListAgentFullName Shawn Bailey
ListAgentKey 38738a453de79d945183ae8e278f023b
ListAgentMlsId 3354398
ListAgentOfficePhone 305-790-9552
ListAgentStateLicense 3354398
ListOfficeFax 305-790-9552
ListOfficeKey 199aa59e629ff9cfe26ad5a1cb4ad71c
ListOfficeMlsId ISOR01
ListOfficeName Iso Realty, LLC.
ListOfficePhone 305-790-9552
ListingAgreement Exclusive Agency
ListingContractDate 2025-10-21
ListingKey 6b8054bc316e87bb24c5038a9fc1ef04
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Nile Gardens Sec 2
MajorChangeTimestamp October 21, 2025 at 10:32pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp October 22, 2025 at 02:00am
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 4
OnMarketDate 2025-10-21
OriginalEntryTimestamp October 21, 2025 at 10:32pm
OriginalListPrice 1750000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 08-21-28-004-0371
ParkingTotal 4
PhotosChangeTimestamp October 21, 2025 at 10:34pm
PhotosCount 5
PostalCodePlus4 4989
PriceChangeTimestamp October 15, 2025 at 08:54pm
PublicSurveyRange 21
PublicSurveySection 28
PublicSurveyTownship 21
RentIncludes Electricity
Roof Shingle
Sewer Public Sewer
ShowingInstructions Appointment Only
SourceSystemKey 421906552
StateOrProvince FL
StatusChangeTimestamp October 21, 2025 at 10:32pm
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 132nd Ter
StreetNumber 2924
StreetNumberNumeric 2924
StructureType Quadruplex, Fourplex
SyndicationRemarks Outstanding income-producing property! This beautifully maintained fourplex features four spacious 2-bedroom, 1-bath units, each currently rented at an average of $1, 850 per month, providing immediate and consistent cash flow. All units are equipped with central A/C, stainless steel appliances, and accordion hurricane shutters for added safety and low-maintenance ownership. The property sits on an oversized 14, 000-sq-ft lot, offering generous parking and a well-kept common area. For investors seeking scale, the neighboring fourplex (same owner) is also available. Together, the combined 28, 000-sq-ft assemblage opens the door for future development of up to 50 units, according to city zoning. Buy today and start collecting rent tomorrow—an ideal blend of cash flow and future upside.
TaxAnnualAmount 12689
TaxLegalDescription 28-29 52 41 .33 AC PB 31-42 NILE GDNS SEC 2 W50.0175FT OF E208.025FT OF S1/2 TR 19 & W50.0175FT OF E208.025FT OF N128FT OF TR 20 LOT SIZE 14
TaxYear 2024
YearBuiltDetails Resale
Zoning 4400