12233 SW 24th Ter, Unit 35

Miami, FL 33175

$499,000
Price
4
Beds
1,584 Sq. Ft.
$315 / Sq. Ft.
1,584
Sq. Ft.
$315
per Sq. Ft.

Description

this is a rare, high-demand asset that checks boxes for both large families and serious investors—and there is nothing comparable active on the market. This lakefront residence offers a flexible, income-producing layout with in-law quarters currently rented and generating strong cash flow, while the main unit also has tenants in place, creating immediate income from day one. Properties with verified rental income, dual-living capability, and a lake view are exceptionally scarce in today’s Miami-Dade...this is a rare, high-demand asset that checks boxes for both large families and serious investors—and there is nothing comparable active on the market. This lakefront residence offers a flexible, income-producing layout with in-law quarters currently rented and generating strong cash flow, while the main unit also has tenants in place, creating immediate income from day one. Properties with verified rental income, dual-living capability, and a lake view are exceptionally scarce in today’s Miami-Dade market. The lake view delivers daily serenity—sunrises, reflections, and privacy—an amenity buyers and tenants consistently pay a premium for. Add the central location near Florida International University, the Turnpike, and major employment corridors, and you have a property that appeals to end-users, multigenerational households, and investors focused on yield and long-term appreciation. Let me be direct: assets like this do not sit. Inventory with in-place tenants + in-law quarters + lake view + central access gets absorbed quickly by buyers who understand numbers, not emotions. This is a strategic acquisition for families who need space and flexibility—and for investors who demand diversified income, reduced vacancy risk, and immediate returns. Opportunities like this are gone once sold, and the next comparable may not appear for years.
  1. Listed by Gladys Cubas • Bustos Realty
  2. Listed by Alvaro Bustos • Bustos Realty

Property Details for 12233 Southwest 24th Terrace, Unit 35

Subdivision
LAKE VILG AT INTL LAKE TH
Complex Name
LAKE VILLAGE
Style
Condo 1-4 Stories
Waterfront
No
View
Water View
Unit View
Water View
Area
49
Sq Ft Total
1584
LISTING UPDATED: 02/03/2026 01:00 AM

Property Details for 12233 Southwest 24th Terrace, Unit 35

StatusActive
MLS #A11954986
Days on Market4
Taxes$6,724 / year
HOA Fees$283 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1981
CountyMiami-Dade County

Location

Listing Courtesy of Bustos Realty
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Building Information for 12233 Southwest 24th Terrace, Unit 35

Building/ComplexLAKE VILG AT INTL LAKE THFloor1Stories2Residences-Pet Policy-Pet Policy Details-Year Built1981

Payment Calculator

$3,275 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,432

Property Taxes

$560

HOA Dues

$283

The Payment Calculator is for illustrative purposes only.

Property Information for 12233 Southwest 24th Terrace, Unit 35

Location Information
Schools
  • Elementary School: Mattews; Wesley
Location Information
  • Parcel Number Free Text: 30-49-12-050-0350
  • Parcel Number MLX: 0350
  • MLS Area: 49
  • Municipal Code: 30
  • Township Range: 49
  • Section: 12
  • Subdivision Number: 50
  • Subdivision Complex Bldg: LAKE VILLAGE
  • Unit Floor Location: 1
  • Total Floors In Building: 2
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Space Number: 2
  • Parking Description: 2 Or More Spaces
General Information
  • Housing Older Persons Act: Unverified
  • Property Detached: No
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Unit Design: Corner Unit
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Directions: use mapquest
  • Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11954986
  • Security Information: No Security
Room Information
Room Information
  • Bedroom Description: At Least 1 Bedroom Ground Level, Entry Level
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Central Cooling, Electric Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: None
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry
  • Equipment Appliances: Electric Water Heater, Washer/Dryer Hook-Up
  • Exterior Features: Deck, Fence
  • Maintenance Includes: Landscaping/Lawn Maintenance
  • Amenities: No Amenities
Financial Information
Financial Information
  • Total Mortgage: $53,960
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2025
  • Tax Information: Tax Reflects No Homestead Exemption
  • Special Information: As Is
  • Special Assessment: No
Rental Information
Rent Information
  • Approval Information: 3-4 Weeks Approval
Rent Status
  • Other Fees: $100

Property History for 12233 Southwest 24th Terrace, Unit 35

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Listed (Active)

MiamiRE #A11954986

$499,000—
Nov 18, 2025

Cancelled

RAPB #RX-11109413

—
Jul 21, 2025

Listed (Active)

RAPB #RX-11109413

$499,000—
Apr 21, 2024

Cancelled

MiamiRE #A11563060

—
Apr 3, 2024

Listed (Active)

MiamiRE #A11563060

$510,000—
Dec 2, 2022

Sold (Public Record)

Public Record #1502931710

$360,000—
Dec 2, 2022

Sold

MiamiRE #A11263674

$360,000—
Oct 20, 2022

Pending

MiamiRE #A11263674

—
Oct 20, 2022

Backup Contract

MiamiRE #A11263674

—
Oct 13, 2022

Price Change

MiamiRE #A11263674

$349,999—
Aug 26, 2022

Listed (Active)

MiamiRE #A11263674

$399,900—
DateEvent & SourcePrice
02/02/2026

Listed (Active)

MiamiRE #A11954986

$499,000
11/18/2025

Cancelled

RAPB #RX-11109413

—
07/21/2025

Listed (Active)

RAPB #RX-11109413

$499,000
04/21/2024

Cancelled

MiamiRE #A11563060

—
04/03/2024

Listed (Active)

MiamiRE #A11563060

$510,000
12/02/2022

Sold (Public Record)

Public Record #1502931710

$360,000
12/02/2022

Sold

MiamiRE #A11263674

$360,000
10/20/2022

Pending

MiamiRE #A11263674

—
10/20/2022

Backup Contract

MiamiRE #A11263674

—
10/13/2022

Price Change

MiamiRE #A11263674

$349,999
08/26/2022

Listed (Active)

MiamiRE #A11263674

$399,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12233 Southwest 24th Terrace, Unit 35

Taxable ValueLand-Additions-Total-
Tax Record2024$6,720 ($560 / month)
Home Facts
Beds4Total Finished SqFt1,584 SqFtAbove Grade Finished SqFt1,584 SqFtStyleCondominiumYear Built1981Zoning3900:MULTI-FACountyMIAMI-DADEAPN30-4912-050-0350

Schools near 12233 Southwest 24th Terrace, Unit 35

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Wesley Matthews Elementary School
Public - PK to 5
Air Base K-8 Center for International Education
Public - PK to 8
W. R. Thomas Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
Wesley Matthews Elementary School
PublicPK to 5

Air Base K-8 Center for International Education
PublicPK to 8

W. R. Thomas Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 12233 Southwest 24th Terrace, Unit 35, Miami, FL 33175

12233 Southwest 24th Terrace, Unit 35 is a condo for sale in Miami, FL 33175. This property was listed for sale on February 2, 2026 by Bustos Realty, it's currently listed at $499,000. It has been on the market for a total of 4 days and was last sold on December 2, 2022. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Wesley Matthews Elementary School, Air Base K-8 Center for International Education and W. R. Thomas Middle School. 12233 Southwest 24th Terrace, Unit 35 is a 4-bed, 3-bath, 1,584 sqft condo built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bustos Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.