2841 SW 24th Terrace Miami, FL 33145
2,944 Sqft, Quadruplex
AGENT'S REMARKS ABOUT 2841 SW 24TH TERRACE
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.$1,390,000
| Living Area | 2,944 SqFt |
| Year Built | 1981 |
| Private Pool | No |
| Subdivision | THE PINES |
| MLS# | A11966161 |
| Listing Status | Active Under Contract |
| Days on Market | 2026-02-20 |
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PROPERTY DETAILS
- Property Type: Quadruplex
- Approx Living Area: 2,944 SqFt
- Year Built: 1981
- Stories: 1
- Flooring: Tile
- Roof: Flat, Tile
- Total Floors in Building: 1
- Construction: CBS
- Cooling System: Central Air
- Heating: Central, Electric
- Utility Information: Cable Available
- County: Miami-Dade
- Area: 2410
- Subdivision: THE PINES
- Annual Property Taxes: $16,465
- Elementary School: Silver Bluff
- Junior High School: Ponce De Leon
- High School: Coral Gables
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Listing courtesy of Hand Keys Realty 06.23.2026
If you are interested in this property at 2841 SW 24th Terrace or any other properties in Miami please contact The Rucco Group at (561) 737-0366.