1720 NW 124th Ter, Miami, FL 33167

$780,000
  • 1720 NW 124th Ter, Miami, FL 33167 Main Photo

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Active
BEDS8 BATHS6 full SQUARE FEET2,225 MLS#A11983596
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONRANDALL PARK

Property 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!

1720 NW 124th Ter | MLS# A11983596

This single family home located at 1720 NW 124th Ter, Miami, FL 33167 is currently listed for sale with an asking price of $780,000. This property was built in 1952 and has 8 bedrooms and 6 full baths with 2225 sq. ft. NW 124th Ter is located in the RANDALL PARK subdivision. Search RANDALL PARK real estate on www.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Garage: 2
Heating: Central
Home Style: Detached, One Story
Lot Size: 0.23 Acres
Roof Type: Shingle
Taxes: $7,200
Year Built: 1952

Amenities

First Floor Entry
Pantry
Garage Apartment
Other
Lighting

Feature Descriptions

Appliances: Bottled Gas, Dishwasher, Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer
Community Features: Underground Utilities
Crops Included Y/N: No
Days on Site: 15
Door Features: High Impact Doors
Exterior: Concrete Block Construction, CBS Construction
Fencimg: Fenced
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: 3/4 To Less Than 1 Acre Lot
Parcel#: 30-21-27-008-2030
Parking: Additional Spaces Available, Driveway
Parking Notes: Additional Spaces Available, Driveway
Patio/Porch: Patio
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Smoke Detector
Sewer: Septic Tank
Special View Info: Garden, None
Water: Municipal Water

Local Schools

High School: Miami Central
Middle School: North Dade

Listed By / Shown By

Listed By

Agency Name: American First Class Realty
Agency Phone: 3058348695

Shown By

Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-253-8044

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Estimated Payment

$ 4,978.99 per month $4,151.49 Principal & Interest $600.00 Property Tax $227.50 Homeowner's Insurance

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