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2841 SW 24th Ter Miami, FL $ 1,390,000
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$ 1,390,000 Get more info
2841 SW 24th Ter
$ 1,390,000
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2841 SW 24th Ter

Miami, FL, 33145
$ 1,390,000
Bedrooms2 Baths1.0 Sq 2,944

Monthly Estimate*

$ 8,558

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Multi-Family Home for sale in Miami, FL

for $1,390,000 with 2 bedrooms and 1 full bath. This 2,944 square foot home was built in 1981.

RARE TURN-KEY FOURPLEX IN PRIME CORAL WAY LOCATION | STRONG CASH FLOW & UPSIDE Fully renovated 2024 fourplex featuring two (2) 2BR/1BA units and two (2) 1BR/1BA units, all 100% renovated and truly turn-key. Tenants are month-to-month, providing immediate flexibility to renew at higher market rents. Can be rented as two 3/2 as well with their own meters. 2024 FULL RENOVATION INCLUDES: New roof, electrical, plumbing, impact windows & doors, tile flooring, window treatments, and all-new kitchens and baths — 4 full bathrooms, 2 full-size kitchens, 2 medium kitchens, and high-end appliances throughout. UNIQUE ADVANTAGE: Property features two legal addresses under one new 2024 roof: 2841 SW 24th Terrace & 2850 SW 24th Street, Miami, FL 33145 CURRENT RENTS month to month (wants to renewal annual): • 2BR/1BA – $2,800 • 2BR/1BA – $2,350 • 1BR/1BA – $1,650 (won't renewal) can get tenant $1,800 • 1BR/1BA – $1,650 Gross Annual Income: $101,400 Market Rent Potential: $110,400+ Both 2BR units include in-unit laundry and two parking spaces each. 1BR units offer easy access with ample on-street and visitor parking. Ideal buy-and-hold investment with stable cash flow, upside through lease renewals, and minimal near-term capital expenditures. Financing: Cash or Conventional Showings: Appointment only — Do not disturb tenants. Turn-key fourplexes of this caliber in this location rarely come to market.

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Multi-Family Contingent

Price

$ 1,390,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 16,465

Style

Year Built

1981

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11966161
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow
Roof Flat Tile
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1981
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Contingency Backup Contract/Call LA
Subdivision Name THE PINES
Rent Includes Gardener Trash Collection
Full Baths 1
Status Active Under Contract
City Miami
Disclosures Owner Is Listing Agent
Zoning Description 5700
Number Of Units Total 1
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Effective Year Built
Tax Annual Amount 16465
Virtual Tour https://www.zillow.com/view-imx/985958a3-b0b0-4ea1-a9b7-3b275e791890?setAttribution=mls&wl=true&initialViewType=pano
Standard Status Active Under Contract
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description THE PINES PB 5-76 LOT 16 LESS N10FT FOR R/W BLK 1 LOT SIZE 50.000 X 131 OR 20703-0592 08 2002 1
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 12
Building Area Total 3184
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Hand Keys Realty

Broker

homenowforsale@gmail.com

Email

Affordability Calculator

$9,931
Per Month
86%
14%
0%
Monthly Principal & Interest
$8,558
Monthly Property Taxes
$1,372
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/20/2026 $1,390,000 Listed Price

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2841 SW 24th Ter, Miami, FL, 33145 is a Multi-Family Home for sale at $1,390,000 with 2,944 sqft. 2841 SW 24th Ter has 2 bedrooms, 1.0 baths, and was built in 1981. The property's zip code is 33145 which is in Miami, FL

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