2841 SW 24th Ter, Miami, FL 33145

Local realty services provided by:CENTURY 21 Hansen Realty
2841 SW 24th Ter,Miami, FL 33145
$1,390,000
  • - Beds
  • - Baths
  • 2,944 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Feb 22
    11:00 am - 01:00 pm
Listed by: victor barroso jr
Office: hand keys realty
MLS#:A11966161
Source:SEFMLS

Price summary

  • Price:$1,390,000
  • Price per sq. ft.:$436.56

About this home

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

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Home facts

  • Year built:1981
  • Listing ID #:A11966161
  • Updated:February 20, 2026 at 10:59 PM

Rooms and interior

  • Living area:2,944 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Roof:Flat, Tile
  • Year built:1981
  • Building area:2,944 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,390,000
  • Price per sq. ft.:$436.56
  • Tax amount:$16,465 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.