1720 NW 124th Terrace Miami, FL 33167

$780,000
8
Beds
6
Baths
0.23
Acres
2,225
SQFT
351
$/SQFT
$780,000
8
Beds
6
Baths
2,225   sf
$351 / sf
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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!

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!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Miami-Dade County
  • Area
    Randall Park
  • Tax Amount
    $7,200
  • Status
    Active
  • Listing #
    A11983596
  • Built
    1952
  • Lot Size
    0.23
  • Listed on site
    80 days
  • Listing Agent Id
    3162581
  • Listing Agent Phone
    786-546-1358

Listed by:
American First Class Realty

Source:
MIAMI MLS

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Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
Mar 17, 20263 mos agoPrice increased30,000 (4%)$780,000
Mar 16, 20263 mos agoNew on market$750,000
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