2841 SW 24th Terrace
Miami, FL, 33145
$1,390,000
RARE TURN-KEY FOURPLEX IN PRIME CORAL WAY LOCATION | STRONG CASH FLOW & UPSIDEFully 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 33145CURRENT 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 – $1,650Gross Annual Income: $101,400Market 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 ConventionalShowings: Appointment only — Do not disturb tenants.Turn-key fourplexes of this caliber in this location rarely come to market.
Current real estate data for Multi Family in Miami as of Nov 05, 2026
551
Multi Family Listed
128
Avg DOM
473
Avg $ / SqFt
$1,161,719
Avg List Price
Listing Provided Courtesy of Hand Keys Realty at 305-519-2150
Property Details
Price:
$1,390,000
MLS #:
A11966161
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
THE PINES
Neighborhood:
2410
Listed Date:
Feb 20, 2026
Finished Sq Ft:
2,944
Total Sq Ft:
3,184
Year Built:
1981
Units:
4
Schools
Elementary School:
Silver Bluff
Middle School:
Ponce De Leon
High School:
Coral Gables
Interior
Cooling
Central Air
Flooring
Tile
Heating
Central, Electric
Exterior
Construction Materials
CBS
Roof
Flat, Tile
Financial
Tax Year
2025
Taxes
$16,465
Map
Contact Us
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Community
- Address2841 SW 24th Terrace Miami FL
- SubdivisionTHE PINES
- CityMiami
- CountyMiami-Dade
- Zip Code33145
Property Summary
- Located in the THE PINES subdivision, 2841 SW 24th Terrace Miami FL is a Multi Family for sale in Miami, FL, 33145. It is listed for $1,390,000 To schedule a showing of MLS#a11966161 at 2841 SW 24th Terrace in Miami, FL, contact your Trust House Realty agent at 9543362003.
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