1720 NW 124th Ter, Miami, FL 33167
Local realty services provided by:CENTURY 21 North East
Listed by: maria cordero
Office: american first class realty
MLS#:A11983596
Source:SEFMLS
Price summary
- Price:$750,000
- Price per sq. ft.:$230.41
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!...
Contact an agent
Home facts
- Year built:1952
- Listing ID #:A11983596
- Updated:March 17, 2026 at 07:30 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:6
- Kitchen Description:Dishwasher, Gas Range, Pantry, Refrigerator
- Living area:2,225 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1952
- Building area:2,225 sq. ft.
- Lot area:0.23 Acres
- Architectural Style:Detached, One Story
- Construction Materials:Block
- Exterior Features:Fence, Patio, Security High Impact Doors
- Levels:1 Story
Schools
- High school:Miami Central
- Middle school:North Dade
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$230.41
- Tax amount:$9,200 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Lighting, Pantry, Smoke Detectors
Parking
- Parking description:Driveway
- Garage:Yes
- Garage spaces:2
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