1720 NW 124th Ter

2,225 Sq. Ft.
$351 / Sq. Ft.
2,225
Sq. Ft.
$351
per Sq. Ft.

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...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!
  1. Listed by Maria Cordero • American First Class Realty
    P: (305)-834-8695 C: (305)-834-8695 cordero.c.maria@gmail.com

Property Details for 1720 Northwest 124th Terrace

Subdivision
RANDALL PARK
Style
R30-No Pool/No Water
Waterfront
No
View
Garden View, None
Area
21
Num Stories
1
Sq Ft Total
3255
Sq Ft Liv Area
2225.0
LISTING UPDATED: 03/17/2026 08:52 PM

Property Details for 1720 Northwest 124th Terrace

StatusActive
MLS #A11983596
Days on Market44
Taxes$7,200 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeSingle Family / Single
Year Built1952
Lot Size0.23 AC / 10,162 SF
CountyMiami-Dade County

Location

Listing Courtesy of American First Class Realty
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Building Information for 1720 Northwest 124th Terrace

Stories1Year Built1952Building Size-Lot Size0.23 AC / 10,162 SF

Payment Calculator

$4,528 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,928

Property Taxes

$600

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1720 Northwest 124th Terrace

Location Information
Schools
  • Middle School: North Dade
  • Senior High School: Miami Central
Location Information
  • Parcel Number Free Text: 30-21-27-008-2030
  • Parcel Number MLX: 2030
  • MLS Area: 21
  • Municipal Code: 30
  • Township Range: 21
  • Section: 27
  • Subdivision Number: 8
  • Subdivision Complex Bldg: RANDALL PARK
  • Zoning Information: 0100
General Information
Parking
  • Num Garage Spaces: 2
  • Parking Description: Additional Spaces Available, Driveway
General Information
  • Front Exposure: North
  • Housing Older Persons Act: No HOPA
  • Property Sq Ft: 10162
  • Lot Description: 3/4 To Less Than 1 Acre Lot
  • Pool: No
  • Design: Detached
  • Design Description: One Story
  • Construction: Concrete Block Construction, CBS Construction
  • Construction Type: Concrete Block Construction, CBS Construction
  • Roof Description: Shingle Roof
  • Flooring: Laminate Floors
  • Floor Description: Laminate Floors
Room Information
Room Information
  • Rooms Description: Garage Apartment, Other
  • Bedroom Description: Entry Level
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Septic Tank
Additional Property Information
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry, Pantry
  • Equipment Appliances: Bottled Gas, Circuit Breaker, Dishwasher, Dryer, Electric Water Heater, Gas Range, Refrigerator, Smoke Detector, Washer
  • Exterior Features: Exterior Lighting, Fence, High Impact Doors, Patio
  • Subdivision Information: Underground Utilities
Financial Information
Financial Information
  • Total Mortgage: $483,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2025
  • Tax Information: Tax Reflects Homestead Exemption
  • Special Information: As Is

Property History for 1720 Northwest 124th Terrace

DateEvent & SourcePriceAppreciation
Mar 17, 2026

Price Change

MiamiRE #A11983596

$780,000
Mar 16, 2026

Listed (Active)

MiamiRE #A11983596

$750,000
Jul 25, 2022

Expired

MiamiRE #A11155946

DateEvent & SourcePrice
03/17/2026

Price Change

MiamiRE #A11983596

$780,000
03/16/2026

Listed (Active)

MiamiRE #A11983596

$750,000
07/25/2022

Expired

MiamiRE #A11155946

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1720 Northwest 124th Terrace

Taxable ValueLand$238,437Additions$302,792Total$541,229
Tax Record2025$9,221 ($768 / month)
Home Facts
Beds3Total Finished SqFt2,225 SqFtAbove Grade Finished SqFt2,225 SqFtStories1Lot Size10,162 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated2016Zoning0100:SINGLE FCountyMIAMI-DADEAPN30-2127-008-2030

Schools near 1720 Northwest 124th Terrace

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Carrie P. Meek/Westview K-8 Center
PublicPK to 8

North Dade Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1720 Northwest 124th Terrace is a single family home for sale in Miami, FL 33167. This property was listed for sale on March 16, 2026 by American First Class Realty, it's currently listed at $780,000. It has been on the market for a total of 44 days and was last sold on November 12, 2020. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Air Base K-8 Center for International Education, Carrie P. Meek/Westview K-8 Center and North Dade Middle School. 1720 Northwest 124th Terrace is a 8-bed, 6-bath, 2,225 sqft single family home built in 1952.

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Listing Courtesy of American First Class Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.