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.
Listed by Shawn Bailey
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License #3354398
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Iso Realty, LLC.
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239-823-7566
Last updated October 22, 2025
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Source: MIAMIRE #A11900394
Listing Facts
TypeMulti-family
NeighborhoodNile Gardens
Days on Prevu4
Taxes$12,846/year
Size3,618 sqft
Price per sqft$484
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
10/21/2025
Listed by Iso Realty, LLC.
$1,750,000
Property Details for 2920 NW 132nd Ter
Association
General
Number Of Units In Community: 4
Exterior
Construction
Number Of Units Total: 4
Roof: Shingle
Stories: 1
Stories Total: 1
Structure Type: Quadruplex, Fourplex
Year Built: 1969
Year Built Details: Resale
Architectural Style: Detached
Building Name: NILE GARDENS SEC 2
Construction Materials: Concrete Block Construction
Measurements
Building Area Total: 3,618
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 08-21-28-004-0370
Tax Annual Amount: $12,846.00
Tax Year: 2024
Interior
Features
Flooring: Ceramic Floor
Measurements
Living Area: 3,618
Living Area Units: Square Feet
Other
Location
Subdivision Name: NILE GARDENS SEC 2
Parking
Parking
Parking Total: 4
Utilities
Equipment
Cooling: Central Air, Electric, Zoned
Has Cooling: Yes
Heating: Electric
Has Heating: Yes
Sewer: Public Sewer
Water Source: Municipal Water
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.