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Listed price in listed location currency (USD).
$1,390,000

0012

MLS® A11966161

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2944 sqft
Garage No
Taxes $16,465
Days Active 2
Lot Size 
Approx. Age 1981
Avg. Price Per Sqft $472
MLS® Number A11966161

Property Address: 2841 Sw 24th Ter, Miami, FL, 33145-3333

Average square foot calculated using Size range provided by listing agent.

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: • 2BR/1BA – $2, 800 • 2BR/1BA – $2, 350 • 1BR/1BA – $1, 650 • 1BR/1BA – $1, 650 Gross Annual Income: $101, 400 Market Rent Potential: $110, 400+ Cap Rate: 7.29% current | Up to 7.94% at market 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. Appraisal completed at $1, 390, 000. Financing: Cash or Conventional Showings: Appointment only — Do not disturb tenants. Turn-key fourplexes of this caliber in this location rarely come to market. HD Video Tour: https://youtu.Be/8-z_o7_48ow
MLS® NumberA11966161
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1981
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$1,390,000List Price
  • Commute

Commute

Starting Address
Destination Address
2841 Sw 24 Th Ter, Miami, FL

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