2841 SW 24th Terrace, Miami, FL 33145
- $1,390,000
- 2,944
- SqFt
- List Price
- $1,390,000
- Days on Market
- 52
- MLS#
- A11966161
- Sq. Ft
- 2,944
- Subtype
- Quadruplex
- County
- Miami-Dade
- Subdivision
- The Pines
- Year Built
- 1981
Property Description
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.
Additional Information
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central, Electric
- Roof
- Flat, Tile
- Taxes
- $16,465
- Utilities
- Cable Available
- Stories
- 1
- Price Per Sqft
- $472
- Elementary School
- Silver Bluff
- Middle School
- Ponce De Leon
- High School
- Coral Gables
Mortgage Calculator
Listing courtesy of Hand Keys Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Victor Barroso Jr | Email: homenowforsale@gmail.com