$1,390,000

2841 SW 24th Ter, Miami, FL 33145

2,944 sqft

Multi-Family Home
Built in 1981
—— sqft lot
—— car garage
$472/sqft
Listed 20 days ago

Property 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 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.

Listing Status:: Active
Date Added:: February 20, 2026
Data Last Updated:: March 12, 2026 at 9:07PM
Listing Office:: Hand Keys Realty : 305-519-2150
Listing Agent:: Victor Barroso Jr : 305-519-2150
MLS ID:: A11966161

Flooring: Tile
A/C: Central Air
Heating: CentralElectric

Style: Attached

Roofing: Flat Tile
Windows: High Impact WindowsImpact Glass
General: CBS Construction1

Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 5700THE PINES PB 5-76 LOT 16 LESS N10FT FOR R/W BLK 1 LOT SIZE 50.000 X 131 OR 20703-0592 08 2002 101-41-16-011-0130

Sewer: Public Sewer

Source: Miami Association of REALTORS®

This listing courtesy of Victor Barroso Jr , Hand Keys Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Silver Bluff Elementary School

2609 SW 25th Ave, Miami, FL, 33133

Grades PK-5

0.38 miles away

Mater Grove Academy

2805 SW 32nd Ave, Miami, FL, 33133

Grades KG-8

0.61 miles away

International Studies Charter High School

2480 SW 8th St, Miami, FL, 33135

Grades 9-12

1.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.