2140 NW 1st Ter Miami, FL 33125

Building Details

Year Built

1951

Listing agency LEXICO REALTY INC a***@lexicorealty.com Show Phone

Listed by ALEJANDRO PATINO · License #A12023395

Source Corcoran

Added: May 21 Updated: Jul 22 at 1:23AM Checked: Jul 22 at 8:17AM

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Investment Insights

Based on property information with market context.

This quadplex offers four 1BR/1BA residences, each with open-concept living areas and tile flooring. Units are described as featuring central A/C, yard area, and modern kitchens with quality countertops, newer appliances, and custom cabinetry. Separate entrances are provided for added privacy, and the property is set up with two separate points of access, including an entrance at the front and another at the rear. Parking is available in both the front and back areas of the property.

Two units are currently occupied, and two units are vacant and available for viewing. The asset is positioned in a highly central Miami area near Flagler, Little Havana, major employment hubs including Brickell, and is stated to be within walking distance of New Miami Marlins Baseball Park.

The property includes separate water meters and separate electric meters for the units. The offering is presented as an income-producing 4-unit multifamily with the goal of producing $7,000 per month, and the current configuration supports both investor and owner-occupant scenarios.

Key Highlights

• Quadplex built in 1951 with four 1BR/1BA residences
• 2 units currently occupied; 2 units vacant and easy to see
• Each unit has open‑concept living area, tile flooring, abundant natural light, and central A/C

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FAQs

What type of property is this?

Quadplex - Quadplex with four 1BR/1BA residences, central A/C, separate meters, and ample front and rear parking.

Where is this quadplex located?

The property is located at 2140 NW 1st Ter Miami, FL.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: Quadplex built in 1951 with four 1BR/1BA residences; 2 units currently occupied; 2 units vacant and easy to see; Each unit has open‑concept living area, tile flooring, abundant natural light, and central A/C