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$780,000

  • For Sale
  • Active
  • Single Family
  • 8 Beds
  • 6 Full Baths
  • 2,225 Sq. Ft.
  • Updated 10 days ago
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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!

Full Property Details for 1720 NW 124th Terrace

General

  • Price: $780,000
  • Taxes: $7,200 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11983596
  • Updated: 3/17/2026
  • Added to Site: 12 day(s) ago

Interior

  • Interior Features: First Floor Entry, Pantry, Garage Apartment, Other
  • Appliances: Bottled Gas, Dishwasher, Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 8
  • Bedroom Features: Entry Level

Other Rooms

  • Living Room: Garage Apartment, Other Sq. Ft.

Additional Information

  • Security/Safety: Smoke Detector

Exterior

  • Exterior Features: Lighting
  • Deck/Patio: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Additional Spaces Available, Driveway

Location

  • Area: Randall Park
  • County: Miami-Dade County
  • Subdivision: RANDALL PARK
  • Building Name: RANDALL PARK
  • Direction Faces: North

School Information

  • Middle School: North Dade
  • High School: Miami Central

Community

  • Community Name: Randall Park

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached, One Story
  • Structure Type: R30-No Pool/No Water, House
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, CBS Construction
  • Roof: Shingle
  • Doors: High Impact Doors
  • Building Size: 3255
  • Square Feet: 2,225
  • Living Area: 2,225 Sq. Ft.
  • Year Built: 1952

Lot Features

  • Property View: Garden, None
  • Lot Size (Sq. Ft.): 10,162
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Zoning: 100
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $350.56
  • Tax Amount: $7,200
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: RANDALL PARK PB 53-20 LOT 23 BLK 10 LOT SIZE 10, 162 SQ FT M/L OR 18082-4561 1096 1
  • Restrictions: No Restrictions
  • Property ID: 30-21-27-008-2030

Listed by American First Class Realty

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— 1720 NW 124th Terrace —

  • American First Class Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1720 NW 124th Terrace

School District:Dade County School District
NameGradesDistance
Carrie P. Meek/Westview K-8 Center
2101 Northwest 127th Street, Miami, FL 33167
PK-50.5 mi
North Dade Middle School
1840 Nw 157th St, Miami Gardens, FL 33054
6-82 mi
Miami Central Senior High School
1781 Northwest 95th Street, Miami, FL 33147
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1720 NW 124th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/17/2026
Price Increased
$780,000
4%
MLS
3/16/2026
Listed
$750,000
158.62%
MLS
11/12/2020
Sold
$290,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1720 NW 124th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,221
-5%
$541,229
-5%
2024
$9,666
20%
$566,857
20%
2023
$8,035
92%
$473,797
129%
2021
$4,189
-42%
$207,328
-49%
2022
$7,169
71%
$407,616
119%
2021
$4,189
21%
$186,182
17%
2019
$3,451
11%
$158,492
10%
2018
$3,109
9%
$144,084
3%
2017
$2,863
9%
$139,367
17%
2016
$2,617
25%
$119,079
61%
2015
$2,088
3%
$74,148
10%
2014
$2,024
24%
$67,408
10%
2013
$1,630
—
$61,280
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1720 NW 124th Terrace

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by American First Class Realty

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1720 NW 124th Ter, Miami, FL 33167 (MLS# A11983596) is a Single Family property with 8 bedrooms and 6 full bathrooms. 1720 NW 124th Ter is currently listed for $780,000 and was received on March 16, 2026. Want to learn more about 1720 NW 124th Ter? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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