1720 NW 124th Ter

8-bedroom house for sale in Miami

$780,000
Price + 4 %
Beds
8
Baths
6
Living Area
2225 Sq. Ft
Price per Sq. Ft.
$351
Living Area м2
207 м2
Price per м2
$ 3 773
Overview:
% Change: + 4 %
Living Area 2225 Sq. Ft.
Living Area м2 207 м2
Days On Market 75
Tax Annual Amount 7200
Garage Spaces 2
Year Build 1952
MLS# A11983596

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!

Property Features:

Address
FL, Miami
Street Name
124th Ter
Street Number
1720
Property Type
Residential / Single Family Residence
View
Garden, None
Architectural Style
Detached, OneStory
Flooring
Laminate
Cooling
Central Air
Security Features
SmokeDetectors
Last Modification
2026-05-28 07:58:45
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Exterior Features
  • Fence
  • Security High Impact Doors
  • Lighting
  • Patio
Interior Features
  • BedroomOnMainLevel
  • FirstFloorEntry
  • Pantry
Appliances
  • Dryer
  • Dishwasher
  • Electric Water Heater
  • GasRange
  • Refrigerator
  • Washer
Parking Features
  • Driveway
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8-bedroom home for sale in Miami - 1720 NW 124th Ter - MondialRealty
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