Active Under Contract

2841 SW 24th Terrace

Miami, FL 33145
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Bed 6

Bed

Bath 4

Bath

SqFt2,944

Sqft

RARE TURN-KEY FOURPLEX IN PRIME CORAL WAY LOCATION | STRONG CASH FLOW & UPSIDEFully 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 33145CURRENT 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 – $1,650Gross Annual Income: $101,400Market 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 ConventionalShowings: Appointment only — Do not disturb tenants.Turn-key fourplexes of this caliber in this location rarely come to market.

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Detail Ic 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

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Feature Features

  • Interior Features

    Roof: Flat, Tile
  • 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
    Private Pool: No

  • Lot Information

    Lot Dimensions: 6550

    Property Information

    Subdivision: THE PINES Source Property Type: ResidentialIncome Postal Code Plus 4: 3333 Property SubType: Quadruplex Property Age: 45

  • Listing Price Information

    Listing Price: $1390000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0141160110130 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

  • School Information

    Elementary School: Silver Bluff Junior High School: Ponce De Leon Senior High School: Coral Gables
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3410 SW 13th Ter, Miami, FL, 33145 $725,000 2 2 1,170 1,170 SqFt
1360 SW 14th St, Miami, FL, 33145 $1,795,000 3 4 2,294 2,294 SqFt
2744 SW 16th Ter, Miami, FL, 33145 $849,999 2 2 1,563 1,563 SqFt
1761 SW 14th St, Miami, FL, 33145 $1,600,000 -- -- 3,050 3,050 SqFt
2528 SW 16th St, Miami, FL, 33145 $1,000,000 4 3 1,718 1,718 SqFt
3045 SW 21st St, Miami, FL, 33145 $1,025,000 3 3 1,850 1,850 SqFt
2278 SW 16th Ave, Miami, FL, 33145 $1,498,000 6 4 3,687 3,687 SqFt
1631 SW 21st Street, Miami, FL, 33145 $1,499,999 4 3 2,355 2,355 SqFt
1419 SW 22nd Avenue, Miami, FL, 33145 $1,455,000 8 4 2,755 2,755 SqFt
2190 SW 14th Terrace, Miami, FL, 33145 $1,650,000 1 2 3,290 3,290 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/08/2026 @ 20:53

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

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