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For sale
  • $480,000

    12233 SW 24th Ter #35, Miami, FL 33175

    4beds
    1,584sqft
    : 
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    Condominium
    Built in 1981
    -- sqft lot
    $468,300 Zestimate®
    $303/sqft
    $283/mo HOA

    What's special

    Dual-living capabilityLake viewFlexible income-producing layoutLakefront residenceIn-law quarters
    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.
    151 days
    |
    754
    |
    52
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alvaro Bustos 305-903-4456,

    Bustos Realty,

    Gladys Cubas 786-395-1560,

    Bustos Realty

    Source: MIAMI,MLS#: A11954986MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Water Heater
      • Laundry: Washer/Dryer Hook-Up
      Features
      • Flooring: Tile
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 1,584
      • Total interior livable area: 1,584 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: 2 Or More Spaces
      Features
      • Entry location: First Floor Entry
      • Patio & porch: Deck
      • Fencing: Fenced
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      Details
      • Parcel number: 3049120500350

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • CBS Construction
      Condition
      • Year built: 1981

      Community & HOA

      Community
      • Security: No Security
      • Application fee: $100
      • Pet fee: $0
      • Subdivision: Lake Vilg At Intl Lake Th
      HOA
      • Has HOA: Yes
      • Amenities included: None
      • HOA fee: $283 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $303/sqft
      • Tax assessed value: $354,832
      • Annual tax amount: $6,724
      • Date on market: 2/2/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $468,300

        $445,000 - $492,000

        $4,116/mo

        Price history

        DateEventPrice
        2/10/2026Price change$480,000-3.8%$303/sqft
        Source: MIAMI #A11954986 Report a problem
        2/3/2026Listed for sale$499,000$315/sqft
        Source: MIAMI #A11954986 Report a problem
        11/18/2025Listing removed$499,000$315/sqft
        Source: BeachesMLS #RX-11109413 Report a problem
        7/22/2025Listed for sale$499,000-2.2%$315/sqft
        Source: BeachesMLS #RX-11109413 Report a problem
        6/29/2024Listing removed$510,000$322/sqft
        Source: MIAMI #A11563060 Report a problem
        5/23/2024Listing removed--
        Source: MIAMI #A11571137 Report a problem
        4/28/2024Price change$3,600+28.6%$2/sqft
        Source: MIAMI #A11571137 Report a problem
        4/17/2024Listed for rent$2,800-26.3%$2/sqft
        Source: MIAMI #A11571137 Report a problem
        4/4/2024Listed for sale$510,000+41.7%$322/sqft
        Source: MIAMI #A11563060 Report a problem
        3/25/2024Listing removed--
        Source: MIAMI #A11548653 Report a problem
        3/12/2024Listed for rent$3,800$2/sqft
        Source: MIAMI #A11548653 Report a problem
        12/2/2022Sold$360,000+2.9%$227/sqft
        Source: MIAMI #A11263674 Report a problem
        10/20/2022Pending sale$349,999$221/sqft
        Source: MIAMI #A11263674 Report a problem
        10/13/2022Price change$349,999-12.5%$221/sqft
        Source: MIAMI #A11263674 Report a problem
        8/26/2022Listed for sale$399,900$252/sqft
        Source: MIAMI #A11263674 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,724 +0.1%$354,832 +3.6%
        2024$6,720 +14.4%$342,381 +10%
        2023$5,874 +411.6%$311,256 +178%
        2022$1,148 +1.1%$111,964 +3%
        2021$1,136 +0.4%$108,703 +1.4%
        2020$1,132 +1.4%$107,203 +2.3%
        2019$1,116 +6.5%$104,793 +1.9%
        2018$1,048 $102,840 +2.1%
        2017$1,048 -1%$100,725 +2.1%
        2016$1,058 +0.7%$98,654 +0.7%
        2015$1,051 -2.1%$97,969 +0.8%
        2014$1,074 +2.5%$97,192 +1.5%
        2013$1,047 $95,756 +1.7%
        2012$1,047 +1.9%$94,156 +3%
        2011$1,028 -0.6%$91,414 +1.5%
        2010$1,034 +3.8%$90,064 +2.7%
        2009$996 -8.6%$87,697 +771.8%
        2007$1,090 -31.6%$10,059
        2006$1,595 --
        2005$1,595 +2%--
        2004$1,563 +7.7%--
        2003$1,451 +3.7%--
        2002$1,399 --
        2001$1,399 --

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Tamiami

        Getting around

        76 / 100
        Very Walkable
        29 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mattews; Wesley

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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