Description
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...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.
- Listed by Victor Barroso Jr • Hand Keys RealtyP: (305)-519-2150 C: (305)-519-2150 homenowforsale@gmail.com
Property Details for 2841 Southwest 24th Terrace
Property Details for 2841 Southwest 24th Terrace
| Status | Active |
|---|---|
| MLS # | A11966161 |
| Days on Market | 48 |
| Taxes | $16,465 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family Income / Fourplex |
| Year Built | 1981 |
| Lot Size | 0.15 AC / 6,550 SF |
| County | Miami-Dade County |
Location
Building Information for 2841 Southwest 24th Terrace
Payment Calculator
$8,371 per month
30 year fixed, 6.46% Interest
$6,999
$1,372
$0
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 2841 Southwest 24th Terrace
- Parcel Number Free Text: 01-41-16-011-0130
- Parcel Number MLX: 0130
- MLS Area: 41
- Municipal Code: 21
- Township Range: 41
- Section: 16
- Subdivision Number: 11
- Subdivision Complex Bldg: THE PINES
- Unit Count: 4
- Zoning Information: 5700
- Num Parking Spaces: 12
- Property Type Information: Attached
- Approximate Lot Size: 6550
- Lot Description: Less Than 1/4 Acre Lot
- Pool: No
- Construction: CBS Construction
- Construction Type: CBS Construction
- Roof Description: Flat Tile Roof
- Flooring: Tile Floors
- Floor Description: Tile Floors
- Heating Description: Central Heat, Electric Heat
- Cooling Description: Central Cooling
- Sewer Description: Municipal Sewer
- Separate Meter: No
- Cable Available: Yes
- Guest Accommodations: No
- Rent Includes: Lawn Care, Trash Removal
- Windows Treatment: High Impact Windows, Impact Glass
- Total Mortgage: $770,000
- Type of Association: None
- Flood Zone: X
- Tax Year: 2025
- Tax Information: Tax Reflects City & County Tax
- Information Available: Appraisal, Deposit Held, Deposit - Last Months Rent, Deposit - Security
Property History for 2841 Southwest 24th Terrace
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 20, 2026 | Listed (Active) MiamiRE #A11966161 | $1,390,000 | — |
| May 13, 2015 | Sold (Public Record) Public Record #548773352 | $281,250 | — |
| May 13, 2015 | Sold MiamiRE #A2080086 | $375,000 | — |
| Mar 10, 2015 | Pending MiamiRE #A2080086 | — | |
| Feb 27, 2015 | Listed (Active) MiamiRE #A2080086 | $400,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/20/2026 | Listed (Active) MiamiRE #A11966161 | $1,390,000 |
| 05/13/2015 | Sold (Public Record) Public Record #548773352 | $281,250 |
| 05/13/2015 | Sold MiamiRE #A2080086 | $375,000 |
| 03/10/2015 | Pending MiamiRE #A2080086 | — |
| 02/27/2015 | Listed (Active) MiamiRE #A2080086 | $400,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2841 Southwest 24th Terrace
Schools near 2841 Southwest 24th Terrace
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Silver Bluff Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Ponce De Leon 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.
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- 55 Merrick Condominiums Homes for Sale
- Alhambra Groves Homes for Sale
- Auburn Heights Homes for Sale
- Central Gables Homes for Sale
- Coral Way Homes for Sale
- Golden Pines Homes for Sale
- Grapeland Park Homes for Sale
- Lyndale Homes for Sale
- Millerdale Homes for Sale
- New Shenandoah Homes for Sale
- Parkdale Homes for Sale
- Parkdale North Homes for Sale
- Parkdale South Homes for Sale
- Shenandoah Homes for Sale
- Shenandoah Manor Homes for Sale
- Miami Homes for Sale
- Coral Gables Homes for Sale
- Coconut Grove Homes for Sale
- West Miami Homes for Sale
- South Miami Homes for Sale
- Miami Springs Homes for Sale
- Hialeah Homes for Sale
- Miami Beach Homes for Sale
- Pinecrest Homes for Sale
- Doral Homes for Sale
- Key Biscayne Homes for Sale
- North Bay Village Homes for Sale
- Miami Shores Homes for Sale
- Palmetto Bay Homes for Sale
- Hialeah Gardens Homes for Sale
- 33135 Homes for Sale
- 33133 Homes for Sale
- 33134 Homes for Sale
- 33129 Homes for Sale
- 33130 Homes for Sale
- 33146 Homes for Sale
- 33125 Homes for Sale
- 33126 Homes for Sale
- 33128 Homes for Sale
- 33136 Homes for Sale
- 33131 Homes for Sale
- 33101 Homes for Sale
- 33132 Homes for Sale
- 33155 Homes for Sale
- 33144 Homes for Sale
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 Hand Keys 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.
