Quadruplex in 2841 SW 24th Ter Miami for sale with MLS# A11966161
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.
2841 SW 24th Ter, Miami, FL 33145
- Price:
- $1,390,000.00
- Original List Price:
- $1,390,000.00
- Rent Includes:
- Trash Collection, Gardener
- Listing Type:
- For Sale
- Status:
- Active Under Contract (An offer has been accepted, considering Backup Offers)
- Contingency:
- Backup Contract/Call LA
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- MLS Number:
- A11966161
- Description of Last Important Update:
- Active Under Contract (An offer has been accepted, considering Backup Offers)
- Last Major Update on:
- April 13, 2026 8:11 pm
- Living Area:
- 2,944 Sqft
- Built-Up Area:
- 3,184 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Windows:
- Impact Glass, Impact glass, Impact Glass
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Electric
- Year Built:
- 1981
- Year Built Details:
- Effective Year Built
- Roof:
- Flat, Tile
- Architectural Style:
- Fourplex
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Tile
- Stories:
- 1
- Tax Annual Amount:
- $16,465.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects City & County Tax
- Parking Total Spaces:
- 12
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- THE PINES
- Senior Community:
- No
- Documents Available:
- Appraisal
- Disclosures:
- Owner Is Listing Agent
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 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
- Real Estate Folio Number (Parcel Number):
- 01-41-16-011-0130
- Zoning Description:
- 5700
- Originally published on:
- February 20, 2026 11:52 am
- Active on the market since:
- February 20, 2026
- Price change occurred on:
- February 16, 2026 11:31 am
- Listing Status Last Changed On:
- April 13, 2026 8:11 pm
- Photos updated on:
- February 20, 2026 9:10 pm
- Last Modified:
- April 14, 2026 12:11 am
- Flood Zone:
- X
- Type of Association:
- None
- Style:
- Fourplex
- Municipal Code:
- 21
- Subdivision Number:
- 11
- Courtesy of:
- Hand Keys Realty
- Attribution:
- Not provided
- Street Name:
- 24th Ter
- Street Number:
- 2841
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33145
- County:
- Miami-Dade
- Latitude:
- N25° 44' 46.8''
- Longitude:
- W81° 45' 34.4''
- Street Direction Prefix:
- SW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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