Home in 1720 NW 124th Ter Miami for sale with MLS# A11983596
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!
1720 NW 124th Ter, Miami, FL 33167
- Price:
- $780,000.00
- Previous Asking Price:
- $750,000.00
- Original List Price:
- $750,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential
- Property Type:
- Single Family House
- MLS Number:
- A11983596
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 17, 2026 8:52 pm
- Bedrooms:
- 8
- Bathrooms Total:
- 6
- Full Bath:
- 6
- Room Type:
- Other, Garage Apartment
- Living Area:
- 2,225 Sqft
- Built-Up Area:
- 3,255 Sqft
- Lot Area:
- 10,162 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than One Acre
- View from the Property:
- Garden, None
- Waterfront:
- No
- Security:
- Smoke Detector(s)
- Appliances:
- Dryer, Dishwasher, Refrigerator, Washer, Gas Range, Electric Water Heater
- Interior:
- First Floor Entry, Pantry, Bedroom On Main Level
- Exterior:
- Fence, Patio, Lighting, Security High Impact Doors
- Patio and Porch:
- Patio
- Other Structures:
- Garage Apartment, Garage apartment
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- North
- Year Built:
- 1952
- Year Built Details:
- Effective Year Built
- Roof:
- Shingle
- Architectural Style:
- Detached, One Story
- Construction Materials:
- Block
- Flooring:
- Laminate
- Stories:
- 1
- Tax Annual Amount:
- $7,200.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects Homestead Exemption
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Parking Features:
- Driveway
- Sewer:
- Septic Tank
- Utilities Available:
- Underground Utilities
- Water Source:
- Public
- Subdivision Name:
- RANDALL PARK
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Occupant Type:
- Tenant
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- RANDALL PARK PB 53-20 LOT 23 BLK 10 LOT SIZE 10,162 SQ FT M/L OR 18082-4561 1096 1
- Real Estate Folio Number (Parcel Number):
- 30-21-27-008-2030
- Zoning Description:
- 0100
- High School:
- Miami Central
- Middle Or Junior School:
- North Dade
- Originally published on:
- March 16, 2026 12:22 pm
- Active on the market since:
- March 16, 2026
- Price change occurred on:
- March 17, 2026 8:52 pm
- Listing Status Last Changed On:
- March 16, 2026 12:22 pm
- Photos updated on:
- March 16, 2026 4:54 pm
- Last Modified:
- March 18, 2026 12:52 am
- Housing Older Persons Act:
- No HOPA
- Flood Zone:
- X
- Type of Association:
- None
- Rooms Description:
- Garage Apartment, Other
- Style:
- R30-No Pool/No Water
- Municipal Code:
- 30
- Subdivision Number:
- 8
- Courtesy of:
- American First Class Realty
- Attribution:
- Not provided
- Street Name:
- 124th Ter
- Street Number:
- 1720
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33167
- County:
- Miami-Dade
- Latitude:
- N25° 53' 15.9''
- Longitude:
- W81° 46' 20.3''
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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