Active Under Contract

2841 SW 24th Ter

Miami, FL 33145

$1,390,000 $5,860/Mo

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Overview

Bed

Bath

2,944

Sqft

Description

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.

Property Details

Property Type : ResidentialIncome

Price : $1,390,000

AD Id : 75539046

MLS Id : A11966161

Beds : 6

Living Area Size : 2,944

Year Built : 1981

County : Miami-Dade

Subdivision: The Pines

Map

Features

Interior Features

Roof: Flat, Tile

Window Features: ImpactGlass
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1981

Building Area Total: 3184

Construction Materials: Block

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: THE PINES Source Property Type: ResidentialIncome Postal Code Plus 4: 3333 Zoning Description: 5700 Property SubType: Quadruplex Levels: One Property Age: 45

Listing Price Information

Listing Price: $1390000

Cash, Conventional

Tax Information

Parcel Number: 01-41-16-011-0130 Tax Year: 2025 Annual Tax: $16465 Tax Legal Desc: 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

Parking Information

Parking Total: 12

Utility Information

CableAvailable
Location Information

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2915 SW 24 Te, Miami, FL, 33145	$1,569,000	9	5	3,630	3,630 SqFt
2190 SW 14th Ter, Miami, FL, 33145	$1,650,000	1	2	3,290	3,290 SqFt
2800 SW 16th Ter, Miami, FL, 33145	$750,000	3	3	1,535	1,535 SqFt
2744 SW 16th Ter, Miami, FL, 33145	$849,999	2	2	1,563	1,563 SqFt
2490 SW 17th St, Miami, FL, 33145	$1,400,000	7	4	2,821	2,821 SqFt
3431 - 3433 SW 16 Ter, Miami, FL, 33145	$1,798,000	6	6	3,704	3,704 SqFt
1631 SW 21st St, Miami, FL, 33145	$1,499,999	--	--	2,355	2,355 SqFt
1761 SW 14th St, Miami, FL, 33145	$1,600,000	--	--	3,050	3,050 SqFt
1360 SW 14th St, Miami, FL, 33145	$1,795,000	3	4	2,294	2,294 SqFt
2385 SW 17th St, Miami, FL, 33145	$950,000	5	5	2,306	2,306 SqFt

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ByOwner last updated this listing 06/06/2026 @ 17:53

MLS: A11966161 LISTED BY: Victor Barroso Jr, Hand Keys Realty 305-519-2150 SOURCE: SEFMIAMI