$1,390,000
2841 SW 24th Terrace
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $1,390,000
- Price per sq ft
- $472
- Original price
- Unchanged
- Days on market
- 64
This multi-family property in The Pines went under contract with an asking price of $1,390,000, or $472 per square foot. It spent 64 days on the market before going under contract.
Estimated monthly payment
$7,305 /mo
Principal and interest only, based on $278,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,390,000
- Days on Site
- 64 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,944 sqft
- Total Sq Ft
- 3,184 sqft
- Year Built
- 1981
- Property Type
- Multi-Family
- MLS #
- A11966161
- Property Tax
- $16,465 (2025)
- Subdivision
- THE PINES
- County
- Miami Dade
- Status
- Under Contract
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 1981
- Number of Stories
- 1
- Living Sq Ft
- 2,944
- Total Sq Ft
- 3,184
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Zoning
- 5700
Interior Features
- Cooling
- Central Air
- Heating
- Central / Electric
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Flat / Tile
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2410
Schools
- Elementary School
- Silver Bluff
- Middle School
- Ponce De Leon
- High School
- Coral Gables
About the Community
- Homes for Sale
- 1
- Under Contract
- 1
- Median List Price
- $1,100,000
- Median $/Sq Ft
- $462
- Avg Days on Market
- 0
Frequently Asked Questions
- How do I schedule a tour of 2841 SW 24th Terrace, Miami, FL 33145?
- Use the Tour button on this listing to request a showing of 2841 SW 24th Terrace, Miami, FL 33145. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 2841 SW 24th Terrace, Miami, FL 33145 still available?
- 2841 SW 24th Terrace, Miami, FL 33145 is currently listed as Under Contract, and has been on the market 64 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 2841 SW 24th Terrace, Miami, FL 33145?
- With 20% down ($278,000) on the $1,390,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2841 SW 24th Terrace, Miami, FL 33145 is about $7,305/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 2841 SW 24th Terrace, Miami, FL 33145?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2841 SW 24th Terrace, Miami, FL 33145. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 2841 SW 24th Terrace, Miami, FL 33145?
- 2841 SW 24th Terrace, Miami, FL 33145 is zoned for Silver Bluff (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 2841 SW 24th Terrace, Miami, FL 33145?
- Often, yes. The right offer on 2841 SW 24th Terrace, Miami, FL 33145 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Hand Keys Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$1,390,000
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Listed by Victor Barroso Jr, Hand Keys Realty
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Recent Sales
Recently sold homes in The Pines
These are the last 6 recorded closings in The Pines, with the price each home actually sold for rather than what it was listed at. They closed at a median of $385 per square foot. The most recent closed on September 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$10,000
Sold · September 16, 2026
7 No Address
0 bed · 0 bath
Sold$880,000
Sold · September 3, 2026
3170 SW 26th Street
0 bed · 0 bath · 2,287 sqft · $385/sqft
$50,000 under the asking price
Sold$880,000
Sold · July 22, 2026
3101 SW 25th Terrace
3 bed · 2 bath · 1,348 sqft · $653/sqft
$45,000 under the asking price
Sold$680,000
Sold · June 11, 2026
505 NW Windflower Terrace
5 bed · 3.5 bath · 3,079 sqft · $221/sqft
$19,000 under the asking price
Sold$650,000
Sold · June 1, 2026
2615 SW 32nd Avenue
0 bed · 0 bath · 1,864 sqft · $349/sqft
$49,000 under the asking price
Sold$713,000
Sold · May 18, 2026
2750 SW 26th Street
3 bed · 2 bath · 1,305 sqft · $546/sqft
$18,000 over the asking price
See every recorded sale in The Pines or find out what your The Pines home is worth.
