Property Details
| Asking Price | $1,390,000 |
|---|---|
| Price per SqFt | $472 |
| Maintenance fee | Inquire |
| Property Taxes | $16,465 2025 |
| Interior Space | 2,944 SqFt |
| Beds/Baths | —/— |
| Year Built | 1981 |
| Pool | No |
| MLS # | A11966161 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Hand Keys Realty
Sales History for This Home · 2841 SW 24th Terrace, Miami, FL 33145
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A2080086 | $375,000 | 5/13/15 |
Listed by Hand Keys Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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