2841 SW 24th Ter, Miami FL 33145 | Miami-Dade County | A11966161
- $1,390,000
- Quadruplex
- 2944 Square Feet
- $1,390,000
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.
HD Video Tour: https://youtu.be/8-z_o7_48ow
Address
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Address: 24th Ter
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33145
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Area: THE PINES
Details
Updated on February 26, 2026 at 3:53 am-
Property ID A11966161
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Price $1,390,000
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Property Size 2944 Square Feet
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Year Built 1981
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Type Quadruplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Attached
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BuildingAreaTotal 3184
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BuildingAreaUnits Square Feet
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BuildingName THE PINES
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2026-02-20
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Cooling Central Air
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DaysOnMarket 5
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DocumentsAvailable Appraisal, Deposit Held, Deposit - Last Months Rent, Deposit - Security
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ExpirationDate 2027-02-19
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Flooring Tile
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Heating Central, Electric
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-519-2150
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ListingTerms All Cash, Conventional
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor The Pines
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MajorChangeTimestamp February 20, 2026 at 04:52pm
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp February 25, 2026 at 12:02pm
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NumberOfUnitsInCommunity 4
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OnMarketDate 2026-02-20
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OriginalEntryTimestamp February 20, 2026 at 04:52pm
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OriginalListPrice 1390000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 01-41-16-011-0130
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ParkingTotal 12
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PhotosChangeTimestamp February 20, 2026 at 09:10pm
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PhotosCount 65
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PostalCodePlus4 3333
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PriceChangeTimestamp February 16, 2026 at 04:31pm
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PublicSurveyRange 41
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PublicSurveySection 16
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PublicSurveyTownship 41
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RentIncludes Gardener, Trash Collection
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Roof Flat Tile
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions Appointment Only, Call Listing Agent, See Broker Remarks
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SourceSystemKey 426868371
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StateOrProvince FL
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StatusChangeTimestamp February 20, 2026 at 04:52pm
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Stories 1
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StoriesTotal 1
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StreetDirPrefix SW
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StreetName 24th Ter
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StreetNumber 2841
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StreetNumberNumeric 2841
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StructureType Quadruplex, Fourplex
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SyndicationRemarks 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. HD Video Tour: https://youtu.be/8-z_o7_48ow
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TaxAnnualAmount 16465
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TaxLegalDescription THE PINES PB 5-76 LOT 16 LESS N10FT FOR R/W BLK 1 LOT SIZE 50.000 X 131 OR 20703-0592 08 2002 1
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TaxYear 2025
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WindowFeatures High Impact Windows, Impact Glass
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YearBuiltDetails Effective Year Built
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Zoning 5700
Features
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