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$1,750,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
See This Home
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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 central A/C, 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 for 2924 NW 132nd Terrace

General

  • Price: $1,750,000
  • Taxes: $12,689 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11896901
  • Updated: 12/2/2025
  • Added to Site: 88 day(s) ago

Rental Information

  • Rent Includes: Electricity

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
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

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: $12,689
  • 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 E208.025FT OF S1/2 TR 19 & W50.0175FT OF E208.025FT OF N128FT OF TR 20 LOT SIZE 14
  • Property ID: 08-21-28-004-0371

Listed by Iso Realty, LLC.

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Listing agent

— 2924 NW 132nd Terrace —

  • Iso Realty, LLC.

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 2924 NW 132nd Terrace

School District:Dade County School District
NameGradesDistance
Dr. Robert B. Ingram/Opa-Locka Elementary School
600 Ahmad St, Opa-locka, FL 33054
PK-50.7 mi
North Dade Middle School
1840 Nw 157th St, Miami Gardens, FL 33054
6-81.9 mi
Miami Central Senior High School
1781 Northwest 95th Street, Miami, FL 33147
9-122.5 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 2924 NW 132nd Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/21/2025
Listed
$1,750,000
677.78%
MLS
5/05/2004
Sold
$225,000
—
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 2924 NW 132nd Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,689
13%
$513,771
14%
2023
$11,208
17%
$449,606
28%
2021
$9,596
-7%
$350,433
-15%
2022
$10,325
8%
$413,365
18%
2021
$9,596
26%
$350,455
60%
2019
$7,614
11%
$219,061
10%
2018
$6,874
2%
$199,147
—
2017
$6,764
-8%
$199,169
4%
2016
$7,382
8%
$192,036
6%
2015
$6,841
4%
$181,583
6%
2014
$6,574
12%
$171,474
10%
2013
$5,866
—
$155,886
—
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.

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Iso Realty, LLC.

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2924 NW 132nd Ter, Opa-Locka, FL 33054 (MLS# A11896901) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2924 NW 132nd Ter is currently listed for $1,750,000 and was received on October 21, 2025. Want to learn more about 2924 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.

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