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$1,750,000
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Property Description
Outstanding income-producing property! This beautifully maintained fourplex features four spacious 2-bedroom, 1-bath units, each currently rented at an average of $2,000 per month, providing immediate and consistent cash flow. All units are equipped with stainless steel appliances, and accordion hurricane shutters for added safety and low-maintenance ownership. The property sits on an oversized 14,000-sq-ft lot, offering generous parking and a well-kept common area. For investors seeking scale, the neighboring fourplex (same owner) is also available. Together, the combined 28,000-sq-ft assemblage opens the door for future development of up to 50 units, according to city zoning. Buy today and start collecting rent tomorrow-an ideal blend of cash flow and future upside.
Full Property Details
Full Property Details for 2920 NW 132nd Terrace
General
- Price: $1,750,000
- Taxes: $12,846 (2024)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11900394
- Updated: 12/2/2025
- Added to Site: 87 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Ceramic Floor
Parking
- Total Spaces: 4
Location
- Area: Nile Gardens Sec 2
- County: Miami-Dade County
- Subdivision: NILE GARDENS SEC 2
- Building Name: NILE GARDENS SEC 2
Community
- Community Name: Nile Gardens Sec 2
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Zoned
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 3618
- Square Feet: 3,618
- Living Area: 3,618 Sq. Ft.
- Year Built: 1969
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 4400
Financial Considerations
- Price Per Sq. Ft.: $483.69
- Tax Amount: $12,846
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S)
- Legal Description: 28-29 52 41 .33 AC PB 31-42 NILE GDNS SEC 2 W50.0175FT OF E157.85FT OF S1/2 TR 19 & W50.0175FT OF E157.85FT OF N128FT OF TR 20 LOT SIZE 1440
- Property ID: 08-21-28-004-0370
Listed by Iso Realty, LLC.
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Schools
Schools serving 2920 NW 132nd Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Dr. Robert B. Ingram/Opa-Locka Elementary School 600 Ahmad St, Opa-locka, FL 33054 | PK-5 | 0.7 mi |
North Dade Middle School 1840 Nw 157th St, Miami Gardens, FL 33054 | 6-8 | 1.9 mi |
Miami Central Senior High School 1781 Northwest 95th Street, Miami, FL 33147 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2920 NW 132nd Terrace
Date
Details
Price
Change
Source
10/21/2025
Listed
$1,750,000
677.78%
MLS
6/30/2004
Sold
$225,000
—
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 2920 NW 132nd Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,846
13%
$513,771
14%
2023
$11,351
16%
$449,606
27%
2021
$9,752
-7%
$355,323
-14%
2022
$10,457
7%
$413,365
16%
2021
$9,752
26%
$355,366
58%
2019
$7,751
10%
$224,568
10%
2018
$7,048
2%
$204,153
—
2017
$6,936
-9%
$204,197
2%
2016
$7,629
9%
$199,696
7%
2015
$7,018
3%
$186,671
3%
2014
$6,817
12%
$180,360
10%
2013
$6,100
—
$163,964
—
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 2920 NW 132nd Terrace
2920 NW 132nd Ter, Opa-Locka, FL 33054 (MLS# A11900394) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2920 NW 132nd Ter is currently listed for $1,750,000 and was received on October 21, 2025. Want to learn more about 2920 NW 132nd Ter? Do you have questions about finding other Multi-Family real estate for sale in Opa-Locka? You can browse all Opa-Locka real estate or contact a Coldwell Banker agent to request more information.

