2841 SW 24th Ter - Image 1
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$1,390,000

2841 SW 24th Ter

Miami, FL 33145•Miami-Dade County•THE PINES
QuadruplexFor SaleActive Under Contract

Property Highlights

0 / 0

Beds / Baths

2,944

Square Feet

1981

Year Built

About This Property

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.

Property Details

Year Built1981
Living Area2,944 sqft

Listing Information

MLS IDA11966161
MLS NameMiamiAssociationOfRealtors
Sale TypeFor Sale
Days on Market70 days
Last UpdatedApr 25, 2026
Price ChangedFeb 16, 2026

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Quick Stats

Property Type:Quadruplex
Status:Active Under Contract
Listed:N/A