4892 Nw 168th Terrace, Opa Locka, FL 33055

$492,900
3
BD
2
BA
1,477
SqFt

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List Price
$492,900
Status
PENDING
Days on Market
8
Price Change
▼ $7,000 1783998086
MLS#
TB8527675
Subtype
Residential
Style
One Story
Year Built
1970
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,477
Lot Size
9,319
Acres
0.21
Subdivision
Palmetto Gardens
MLS Area Major
Opa Locka

Property Description

Under contract-accepting backup offers. <LAST PRICE REDUCTION><HIGHEST & BEST BY 07/29/2026> Welcome to this incredible opportunity in one of Opa-locka's most desirable neighborhoods! This versatile property features a 3-bedroom, 2-bathroom main residence plus two separate efficiencies, making it an exceptional opportunity for investors and owner-occupants alike. Situated on an absolutely massive corner lot with multiple private entrances, this property is tucked away on a quiet street while remaining just minutes from shopping, restaurants, major highways, airports, and more. Whether you're looking for your next fix-and-flip, a long-term cash-flowing rental, a house hack by living in one unit while renting the others, or the perfect multi-generational living setup, this property truly offers endless possibilities. Exceptional curb appeal welcomes you with mature tropical landscaping, towering palms, a fully fenced yard, and a gated entrance leading to the covered front porch. Multiple driveways and an oversized parking area provide abundant space for numerous vehicles, boats, trailers, RVs, or work equipment. Accessed through the covered side patio, the main residence offers a spacious open-concept living, dining, and kitchen area with ample cabinetry, generous counter space, and a breakfast bar. Three comfortable bedrooms, two full bathrooms, and abundant natural light create a functional layout that's well maintained while still offering room to add value. Also accessed through the side patio, the first efficiency features its own private entrance, an open living/sleeping area, kitchenette, and full bathroom. The second efficiency enjoys its own front entrance and includes an open-concept layout, kitchenette, and an updated full bathroom with a modern vanity and tiled walk-in shower, providing excellent flexibility for guests, extended family, or rental income. The expansive backyard is one of the property's true highlights, featuring a large open patio, mature shade trees, tropical landscaping, a storage shed, multiple private entrances, and an exceptionally long driveway with abundant parking for additional vehicles, boats, trailers, RVs, or commercial equipment. The roof is approximately 13 years old, the water heater is only six months old, and the electrical and plumbing are in good working condition. The central A/C is currently not operational but is believed to require only a minor repair (approximately $600 according to one estimate). Offered strictly as-is, buyers are to verify all permitting, zoning, code compliance, existing/potential violations, and the legality of the improvements and efficiencies with the appropriate municipalities. With no HOA and no rental restrictions, whether you're searching for your next investment property, a long-term income-producing asset, a multi-generational living opportunity, or a home with exceptional flexibility, this versatile property truly offers endless potential.

Additional Information

Interior Features
Other
Exterior Features
Other
Financing
Cash, Conventional
Community Features
No Deed Restriction
Property Description
One Story
Zoning
0100
Appliances
Other
Heating
Central, Electric, Ductless
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block, Concrete
Exterior Features
Other
Stories
1
Levels
One
Roof
Built-Up, Shingle
Foundation
Slab

Listing courtesy of RICHARD PETERS REALTY LLC. 352-448-9712

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