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.
For sale
$1,750,000
2924 NW 132nd Ter, Opa Locka, FL 33054
8beds
4baths
3,618sqft
Est.:
Quadruplex
Built in 1969
-- sqft lot
$1,637,000 Zestimate®
$484/sqft
$-- HOA
What's special
Generous parkingAccordion hurricane shuttersWell-kept common areaStainless steel appliances
- 50 days |
- 26 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 09:38am
Listed by:
Shawn Bailey 305-790-9552,
Iso Realty, LLC.
Source: MIAMI,MLS#: A11896901
Originating MLS: A-Miami Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 3,618
- Total interior livable area: 3,618 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0821280040371
- Zoning: 4400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Nile Gardens Sec 2
HOA
- Has HOA: No
Location
- Region: Opa Locka
Financial & listing details
- Price per square foot: $484/sqft
- Tax assessed value: $513,771
- Annual tax amount: $12,689
- Date on market: 10/21/2025
- Listing terms: All Cash,Conventional
Estimated market value
$1,637,000
$1.56M - $1.72M
$3,383/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Listed for sale | $1,750,000+1106.9%$484/sqft |
Source: | ||
| 1/27/2003 | Sold | $145,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,689 +13.2% | $352,797 +10% |
| 2023 | $11,208 +8.5% | $320,725 +10% |
| 2022 | $10,325 +7.6% | $291,569 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$11,977/mo
Principal & interest
$8681
Property taxes
$2683
Home insurance
$613
Climate risks
Neighborhood: 33054
Nearby schools
GreatSchools rating
- 7/10Dr. Robert B. Ingram/Opa-Locka Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 2/10North Dade Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Miami Central Senior High SchoolGrades: 9-12Distance: 2.5 mi
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