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 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 – $1,650 Gross Annual Income: $101,400 Market 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 Conventional Showings: Appointment only — Do not disturb tenants. Turn-key fourplexes of this caliber in this location rarely come to market.
Accepting backups
$1,390,000
2841 SW 24th Ter, Miami, FL 33145
6beds
4baths
2,944sqft
Quadruplex
Built in 1981
-- sqft lot
$-- Zestimate®
$472/sqft
$-- HOA
What's special
New roofIn-unit laundryAll-new kitchens and bathsTile flooringImpact windows and doorsWindow treatmentsHigh-end appliances throughout
- 128 days |
- 84 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Victor Barroso Jr 305-519-2150,
Hand Keys Realty
Source: MIAMI,MLS#: A11966161
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air
Features
- Flooring: Tile
- Windows: High Impact Windows, Impact Glass
Interior area
- Total structure area: 3,184
- Total interior livable area: 2,944 sqft
Video & virtual tour
Property
Parking
- Total spaces: 12
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0141160110130
- Zoning: 5700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Flat Tile
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: The Pines
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $472/sqft
- Tax assessed value: $820,050
- Annual tax amount: $16,465
- Date on market: 2/20/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Listed for sale | $1,390,000+270.7%$472/sqft |
Source: | ||
| 1/25/2025 | Listing removed | $2,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/16/2025 | Listed for rent | $2,800+27.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/5/2020 | Listing removed | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 9/9/2020 | Price change | $2,200-12%$1/sqft |
Source: Owner Report a problem | ||
| 9/7/2020 | Listed for rent | $2,500+51.5%$1/sqft |
Source: Owner Report a problem | ||
| 2/3/2017 | Listing removed | $1,650$1/sqft |
Source: Premier Global Brokers, LLC #A10152449 Report a problem | ||
| 1/29/2017 | Listed for rent | $1,650-31.3%$1/sqft |
Source: Premier Global Brokers, LLC #A10152449 Report a problem | ||
| 5/22/2015 | Listing removed | $2,400$1/sqft |
Source: Developers Group Realty #A2119040 Report a problem | ||
| 5/21/2015 | Sold | $375,000-6.3%$127/sqft |
Source: Public Record Report a problem | ||
| 5/20/2015 | Listed for rent | $2,400$1/sqft |
Source: Developers Group Realty #A2119040 Report a problem | ||
| 5/5/2015 | Pending sale | $400,000$136/sqft |
Source: Developers Group Realty #A2080086 Report a problem | ||
| 5/5/2015 | Listed for sale | $400,000$136/sqft |
Source: Developers Group Realty #A2080086 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,151 +16.8% | $820,050 +18% |
| 2024 | $14,684 +5.6% | $695,039 +8.7% |
| 2023 | $13,909 +27.2% | $639,646 +33.5% |
| 2022 | $10,934 +9.2% | $479,087 +10% |
| 2021 | $10,014 +3.9% | $435,534 +4.4% |
| 2020 | $9,642 +1% | $417,050 +1.3% |
| 2019 | $9,549 +7.3% | $411,752 +8.3% |
| 2018 | $8,901 | $380,245 +10% |
| 2017 | $8,901 +9.2% | $345,678 +10% |
| 2016 | $8,152 +24.1% | $314,253 +25% |
| 2015 | $6,569 +6.2% | $251,355 +10% |
| 2014 | $6,187 +12.3% | $228,505 +10% |
| 2013 | $5,508 | $207,732 -1.2% |
| 2012 | $5,508 -2.6% | $210,164 -2.3% |
| 2011 | $5,654 -15.4% | $215,134 -12.1% |
| 2010 | $6,684 -31% | $244,712 -37.2% |
| 2009 | $9,692 -17.2% | $389,791 -21.8% |
| 2007 | $11,700 +26.5% | $498,753 |
| 2006 | $9,247 | -- |
| 2005 | $9,247 +12.3% | -- |
| 2004 | $8,235 +32.7% | -- |
| 2003 | $6,204 +17.5% | -- |
| 2002 | $5,282 | -- |
| 2001 | $5,282 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: Coral Way
Getting around
58 / 100
Good TransitNearby schools
GreatSchools rating
- 6/10Silver Bluff Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10Coral Gables Senior High SchoolGrades: PK,9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami
- 33145
- Coral Way
- 2841 SW 24th Ter






