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$480,000
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Property 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.
Full Property Details
Full Property Details for 12233 SW 24th Terrace #35
General
- Price: $480,000
- HOA FEE: $283/month
- Taxes: $6,724 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11954986
- Updated: 2/23/2026
- Added to Site: 23 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Electric Water Heater
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
Other Rooms
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Shared Amenities: None
- Maint. Includes: Landscaping/Lawn Maintenance
- Security/Safety: No Security
Exterior
- Deck/Patio: Deck
Parking
- Parking Features: 2 Or More Spaces
Location
- Area: Lake Vilg At Intl Lake Th
- County: Miami-Dade County
- Subdivision: LAKE VILG AT INTL LAKE TH
- Building Name: LAKE VILLAGE
- Driving Directions: use mapquest
School Information
- Elementary School: Mattews; Wesley
Community
- Community Name: Lake Vilg At Intl Lake Th
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Entry Floor Number: 1
- Building Size: 1584
- Square Feet: 1,584
- Living Area: 1,584 Sq. Ft.
- Year Built: 1981
Lot Features
- Property View: Water View
- Fencing (Description): Fenced
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $303.03
- Association Fee: $283
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,724
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: LAKE VILG AT INTL LAKE TH CONDO UNIT 35 UNDIV 1/46 INT IN COMMON ELEMENTS OFF REC 10967-1031 OR 13253-1206 0387 1
- Restrictions: No Restrictions, Ok To Lease
- Property ID: 30-49-12-050-0350
Listed by Bustos Realty
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Schools
Schools serving 12233 SW 24th Terrace #35
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Wesley Matthews Elementary School 12345 Southwest 18th Terrace, Miami, FL 33175 | PK-5 | 0.4 mi |
W. R. Thomas Middle School 13001 Southwest 26th Street, Miami, FL 33175 | 6-8 | 0.8 mi |
Southwest Miami Senior High School 8855 Southwest 50th Terrace, Miami, FL 33165 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12233 SW 24th Terrace #35
Date
Details
Price
Change
Source
2/10/2026
Price Reduced
$480,000
-3.81%
MLS
2/02/2026
Listed
$499,000
38.61%
MLS
12/02/2022
Sold
$360,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12233 SW 24th Terrace #35
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,724
—
$354,832
-5%
2024
$6,720
14%
$373,507
20%
2023
$5,874
417%
$311,256
186%
2021
$1,136
-1%
$108,703
-3%
2022
$1,148
1%
$111,964
4%
2021
$1,136
2%
$107,203
2%
2019
$1,116
6%
$104,793
2%
2018
$1,048
-1%
$102,840
2%
2017
$1,058
2%
$100,725
2%
2016
$1,035
-2%
$98,654
1%
2015
$1,051
-2%
$97,969
1%
2014
$1,074
1%
$97,192
1%
2013
$1,062
—
$95,756
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12233 SW 24th Terrace #35
12233 SW 24th Ter #35, Miami, FL 33175 (MLS# A11954986) is a Condo property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 12233 SW 24th Ter #35 is currently listed for $480,000 and was received on February 02, 2026. Want to learn more about 12233 SW 24th Ter #35? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

