12233 SW 24th Terrace Unit 35, Miami, FL 33175

$480,000
4
BD
3
BA
1,584
SqFt

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List Price
$480,000
Days on Market
193
MLS#
A11954986
Year Built
1981
Bedrooms
4
Bathrooms
3
Baths Half
1
Living Area
1,584
MLS Area Major
2490

Property Description

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.

Additional Information

Taxes
$6,724
Hoa Fee
$283
Interior Features
Bedroom on Main Level, Main Level Primary
Appliances
Electric Water Heater
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Construction
Block
Elementary School
Wesley Matthews
Middle School
W. R. Thomas
High School
Southwest Miami

Listing courtesy of Bustos Realty.

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