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$695,000
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Property Description
Fully remodeled Quadplex featuring four 1BR/1BA residences in a highly central Miami location near Flagler Street and major employment hubs like Brickell & Downtown. Walking distance to New Miami Marlins Baseball Park. This income-producing 4-unit multifamily property offers modern finishes, flexible living options, and excellent rental potential for investors or owner-occupants alike. 3 Units are occupied paying $1700 and $1750/mo. 1 Unit is vacant and easy to see! Property has a double lot as it has an entrance thru front and another entrance in the rear. Plenty of parking in the front and back of unit. Each unit features open-concept living areas, tile flooring throughout, abundant natural light, central A/C, yard area, modern kitchens with quality countertops, newer appliances, and custom cabinetry. Separate entrances provide added privacy and functionality. Decent sized parking area accommodates multiple vehicles, work trucks, or commercial-use parking needs. Centrally located minutes from Downtown Miami, Brickell, Little Havana, major highways, shopping, dining, and entertainment. Two Water Meters and Two Electric Meters. Excellent opportunity to own a versatile multifamily property in a high-demand rental market. This property should produce $7,000/mo. call to see!
Full Property Details
Full Property Details for 2140 NW 1st Terrace
General
- Price: $695,000
- Taxes: $7,953 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12012527
- Updated: 5/7/2026
- Added to Site: 19 day(s) ago
Rental Information
- Rent Includes: Hot Water, Gardener
Interior
- Flooring: Tile
Parking
- Total Spaces: 8
Location
- Area: Superior Park
- County: Miami-Dade County
- Subdivision: SUPERIOR PARK
- Building Name: SUPERIOR PARK
Community
- Community Name: Superior Park
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: 1
- Building Size: 2720
- Square Feet: 2,000
- Sq. Ft. Source: Building Plan/Survey
- Living Area: 2,000 Sq. Ft.
- Year Built: 1951
Lot Features
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $347.5
- Tax Amount: $7,953
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, FHA-Va Approved
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S)
- Legal Description: 3 54 41 SUPERIOR PARK PB 4-99 LOT 7 LESS S5FT BLK 3 LOT SIZE 50.000 X 98 OR 22429-4276 05 2004 1
- Property ID: 01-41-03-009-0420
Listed by Lexico Realty Inc
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Schools
Schools serving 2140 NW 1st Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Citrus Grove Elementary School, Miami, FL 2121 Northwest 5th Street, Miami, FL 33125 | PK-5 | 0.3 mi |
Citrus Grove Middle School 2153 Northwest 3rd Street, Miami, FL 33125 | 6-8 | 0.2 mi |
Miami Senior High School 2450 Southwest 1st Street, Miami, FL 33135 | 9-12 | 0.4 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 2140 NW 1st Terrace
Date
Details
Price
Change
Source
5/04/2026
Listed
$695,000
431.35%
MLS
9/30/2014
Sold
$130,800
—
Public Record
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
Tax History for 2140 NW 1st Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,438
—
$341,300
-10%
2024
$7,438
4%
$380,261
3%
2023
$7,154
33%
$370,986
71%
2021
$5,361
-15%
$216,571
-26%
2022
$6,288
17%
$293,088
42%
2021
$5,361
24%
$206,812
35%
2019
$4,308
7%
$152,975
10%
2018
$4,034
15%
$139,069
2%
2017
$3,509
7%
$136,516
19%
2016
$3,269
5%
$114,934
9%
2015
$3,108
-21%
$105,602
-24%
2014
$3,920
9%
$138,067
10%
2013
$3,603
—
$125,516
—
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
Estimate the Cost for 2140 NW 1st Terrace
2140 NW 1st Ter, Miami, FL 33125 (MLS# A12012527) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 2140 NW 1st Ter is currently listed for $695,000 and was received on May 04, 2026. Want to learn more about 2140 NW 1st Ter? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

