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$1,390,000 Just Listed
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Property Description & Video
2841 SW 24th Ter, Miami, FLVideo Tour of 2841 SW 24th Ter, Miami, FL.
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: "¢ 2BR/1BA - $2,800 "¢ 2BR/1BA - $2,350 "¢ 1BR/1BA - $1,650 "¢ 1BR/1BA - $1,650 Gross Annual Income: $101,400 Market Rent Potential: $110,400+ Cap Rate: 7.29% current | Up to 7.94% at market 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. Appraisal completed at $1,390,000. 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
Full Property Details
Full Property Details for 2841 SW 24th Ter
General
- Price: $1,390,000
- Taxes: $16,465 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11966161
- Updated: 2/20/2026
- Added to Site: 1 day(s) ago
Rental Information
- Rent Includes: Gardener, Trash Collection
Interior
- Flooring: Tile
Parking
- Total Spaces: 12
Location
- Area: The Pines
- County: Miami-Dade County
- Subdivision: THE PINES
- Building Name: THE PINES
Community
- Community Name: The Pines
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Flat Tile
- Windows: High Impact Windows, Impact Glass
- Stories/Levels: 1
- Building Size: 3184
- Square Feet: 2,944
- Living Area: 2,944 Sq. Ft.
- Year Built: 1981
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $472.15
- Tax Amount: $16,465
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Appraisal, Deposit Held, Deposit - Last Months Rent, Deposit - Security
- 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
- Property ID: 01-41-16-011-0130
Listed by Hand Keys Realty
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Schools
Schools serving 2841 SW 24th Ter
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Silver Bluff Elementary School 2609 Southwest 25th Avenue, Miami, FL 33133 | PK-5 | 0.4 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 2.8 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 1.6 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 2841 SW 24th Ter
Date
Details
Price
Change
Source
2/20/2026
Listed
$1,390,000
394.22%
MLS
5/13/2015
Sold
$281,250
—
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 2841 SW 24th Ter
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,151
17%
$820,050
18%
2024
$14,684
6%
$695,039
9%
2023
$13,909
39%
$639,646
47%
2021
$10,014
-8%
$435,534
-17%
2022
$10,934
9%
$524,258
26%
2021
$10,014
5%
$417,050
1%
2019
$9,549
7%
$411,752
8%
2018
$8,901
9%
$380,245
7%
2017
$8,152
7%
$355,515
13%
2016
$7,619
16%
$314,253
25%
2015
$6,569
6%
$251,355
10%
2014
$6,187
13%
$228,505
10%
2013
$5,465
—
$207,732
—
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 2841 SW 24th Ter
2841 SW 24th Ter, Miami, FL 33145 (MLS# A11966161) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 2841 SW 24th Ter is currently listed for $1,390,000 and was received on February 20, 2026. Want to learn more about 2841 SW 24th Ter? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

