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Active Under ContractBeachesMLS
Active Under ContractMLS® A11966161
$1,390,000

2841 SW 24th Terrace, Miami, FL 33145

Beds
—
Baths
0
Sqft
2,944
Est. payment$9,992/mo
Home type
Quadruplex
Year built
1981
Lot size
—
Price / sqft
$472
HOA
—
Community
THE PINES

Property description

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.

Listing activity

Days on market
—
Listed
—
MLS listing updated
Sep 9, 2026
Feed last checked
12 minutes ago

Listed by Victor Barroso Jr · Hand Keys Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Property

Not reported by the listing source.

Construction

Type & style

Home type
Quadruplex
Year built
1981
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
THE PINES
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33145
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11966161
Additional MLS details

Reported by the listing source

Bathrooms Total Integer
0
County Or Parish
Miami-Dade
List Price
1390000
Living Area
2944
Mls Status
Active Under Contract
Postal Code
33145
Property Sub Type
Quadruplex
Property Type
Residential Income
Standard Status
Active Under Contract
State Or Province
FL
Subdivision Name
THE PINES

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 9, 2026Price updatedBeachesMLS$1,390,000$472/sqft

Public tax history

—

Payment calculator

Estimated monthly payment$9,992/moIllustrative estimate, not a loan offer.
Principal & interest
$7,212
Property taxes
$2,085
Insurance
$695
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

THE PINES

Miami · Miami-Dade County · 33145

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of Hand Keys Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.