2140 NW 1st Ter, Miami, FL, 33125
About This Home
Fully remodeled Quadplex featuring four 1BR/1BA residences in a highly central Miami location near Flagler Street and major employment hubs like Brickell & Downtown. Walking distance to New Miami Marlins Baseball Park. This income-producing 4-unit multifamily property offers modern finishes, flexible living options, and excellent rental potential for investors or owner-occupants alike. 3 Units are occupied paying $1700 and $1750/mo. 1 Unit is vacant and easy to see! Property has a double lot as it has an entrance thru front and another entrance in the rear. Plenty of parking in the front and back of unit. Each unit features open-concept living areas, tile flooring throughout, abundant natural light, central A/C, yard area, modern kitchens with quality countertops, newer appliances, and custom cabinetry. Separate entrances provide added privacy and functionality. Decent sized parking area accommodates multiple vehicles, work trucks, or commercial-use parking needs. Centrally located minutes from Downtown Miami, Brickell, Little Havana, major highways, shopping, dining, and entertainment. Two Water Meters and Two Electric Meters. Excellent opportunity to own a versatile multifamily property in a high-demand rental market. This property should produce $7,000/mo. call to see!
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1951
Materials
- Roof: Shingle
- Construction materials: Concrete Block Construction,CBS Construction
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Features
- Window features: Blinds
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,720
- Total interior livable area: 2,000 sqft
Property
Details
- Parcel number: 0141030090420
- Zoning: 5700
Features
- Stories: 1
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Parking
- Total spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,514 | $42,168 |
| Home Insurance * | $216 | $2,592 |
| Property Taxes | $1,385 | $16,620 |
| Electricity | $201 | $2,415 |
| Total | $5,316 | $63,792 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Listed for sale | $695,000 |
| 2014-10-16 | Sold | $130,800 |
| 2014-04-19 | Listing removed | $95,000 |
| 2014-04-18 | Listed for sale | $95,000 |
| 2010-07-10 | Listing removed | $180,000 |
| 2010-05-12 | Listed for sale | $180,000 |
| 2004-06-26 | Sold | $260,000 |
View on Zillow