$1,750,000

$484/sq ft

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Overview

Year Built

1969

Sqft

3618

Property Type

Quadruplex

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.

Property Details

MLS#

A11900394

Total Floor in Bldg

1

Address

2920 132nd Ter NW

City

Opa-Locka

State/county

FL

Zip/Postal Code

33054

Area

Nile Gardens Sec 2

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,846

Maint Fee

$--

Tax Year

2024

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Boris Gelfand