Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1720 NW 124th Ter, Miami, FL, 33167

8beds
6baths
2,225sqft
$780,000
$351price/sqft
$5,558/moest. monthly cost
$222,320/yrincome needed

About This Home

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!

Getting Around

60
WalkingSomewhat Walkable
43
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

2/10
North Dade Middle SchoolGrades 6-82.0 mi

Construction

Condition

  • Year built: 1952

Materials

  • Roof: Shingle
  • Construction materials: Concrete Block Construction,CBS Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bottled Gas,Dishwasher,Dryer,Electric Water Heater,Gas Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Pantry,Other
  • Door features: High Impact Doors

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,255
  • Total interior livable area: 2,225 sqft

Property

Details

  • Parcel number: 3021270082030
  • Zoning: 0100

Features

  • Stories: 1
  • Entry location: First Floor Entry
  • Pool features: R30-No Pool/No Water
  • Patio & porch: Patio
  • Exterior features: Lighting
  • Fencing: Fenced
  • Has view: Yes
  • View description: Garden,None

Lot

  • Lot size: 10,162 sqft
  • Features: 3/4 To Less Than 1 Acre Lot

Parking

  • Total spaces: 2
  • Parking features: Additional Spaces Available,Driveway,Garage Apartment
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes