23
  • Type
  • Condominium
  • 4
  • Bedrooms
  • 2.5
  • Bathrooms
  • 0
  • Garage
  • 1584 Sq Ft
  • Area Size
12233 SW 24th Ter # 35, Miami FL 33175 | Miami-Dade County | A11954986
  • $480,000

Description

this is a rare, high-demand asset that checks boxes for both large families and serious investors—and there is nothing comparable active on the market. This lakefront residence offers a flexible, income-producing layout with in-law quarters currently rented and generating strong cash flow, while the main unit also has tenants in place, creating immediate income from day one. Properties with verified rental income, dual-living capability, and a lake view are exceptionally scarce in today’s Miami-Dade market. The lake view delivers daily serenity—sunrises, reflections, and privacy—an amenity buyers and tenants consistently pay a premium for. Add the central location near Florida International University, the Turnpike, and major employment corridors, and you have a property that appeals to end-users, multigenerational households, and investors focused on yield and long-term appreciation.

Let me be direct: assets like this do not sit. Inventory with in-place tenants + in-law quarters + lake view + central access gets absorbed quickly by buyers who understand numbers, not emotions. This is a strategic acquisition for families who need space and flexibility—and for investors who demand diversified income, reduced vacancy risk, and immediate returns. Opportunities like this are gone once sold, and the next comparable may not appear for years.

Property Overview

This four-bedroom, three-bathroom condo in Lake Village sits on 1,584 square feet and was built in 1981. The unit is currently rented in both the main residence and the in-law quarters, offering immediate income. It’s designed to support a dual-living arrangement, making it ideal for multigenerational living or investment. The property features a lake view, which adds a sense of calm and exclusivity to the home. The location is convenient, with easy access to Florida International University, major highways, and employment centers. With an HOA fee of $283, the maintenance and community amenities are covered, making this a practical and hassle-free option. This unit is listed at $480,000 and is located at 12233 SW 24th Ter #35 in Miami. Properties like this with in-place tenants, rental income potential, and lake views are very limited in today’s market. If you're looking for a stable, income-producing investment or a flexible family home, this opportunity is worth considering. Call 305-859-4733 for more details.

Frequently Asked Questions

How many bedrooms and bathrooms does this Lake Village condo have?

This Lake Village condo features 4 bedrooms and 3 bathrooms (2 full and 1 half).

What is the monthly HOA fee?

The monthly HOA fee for this unit is $283.

Is this property currently generating rental income?

Yes, the property is set up for dual living and currently has tenants in both the main unit and the in-law quarters, generating income.

What makes this property unique in the current Miami-Dade market?

This property is unique because it combines a verified rental income setup with dual-living capability and a lake view. Such features are rare and in high demand among buyers and investors.

Is the property located near major transportation routes or amenities?

Yes, the unit is centrally located near Florida International University, the Turnpike, and major employment corridors, making it convenient for residents and tenants.

Are there any lakefront amenities or views included with this unit?

Yes, the unit offers a lake view, which includes daily serenity from sunrises, reflections, and privacy — a premium feature in the current market.

Monthly Fees & Carrying Costs

Association Fee $283 / month
Total Monthly Fees $283 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

  • Address: 24th Ter
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33175
  • Area: LAKE VILG AT INTL LAKE TH

Details

Updated on July 9, 2026 at 7:51 pm
  • Property ID A11954986
  • Price $480,000
  • Property Size 1584 Sq Ft
  • Bedrooms 4
  • Room 0
  • Bathrooms 2.5
  • Garage 0
  • Year Built 1981
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features At Least 1 Bedroom Ground Level, Entry Level
  • Cooling Central Air, Electric
  • Association Type Condo
  • Building LAKE VILLAGE
  • Association Fee Frequency Monthly
  • Area Lake Vilg At Intl Lake Th
  • Annual Tax 6724
  • Association Yes
  • Elementary School Mattews; Wesley
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 2
  • Subdivision LAKE VILG AT INTL LAKE TH
  • Total Stories 2
  • Restrictions No Restrictions, Ok To Lease
  • Maintenance Includes Landscaping/Lawn Maintenance
  • Amenities None
  • Parking 2 Or More Spaces
  • Heating Central, Electric
  • Structure Type Condo 1-4 Stories, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 1584
  • Covered Spaces 0
  • Unit Floor 1
  • View Water View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 35
  • Half Bathrooms 1
  • Flood Zone AE
  • Patio / Porch Deck
  • New Construction No
  • Garage Spaces 0
  • Style Condo 1-4 Stories
  • Association Fee 283
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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