Listing courtesy of Bustos Realty
Browse all Miami video tours →12233 SW 24th Ter # 35, Miami FL 33175
12233 SW 24th Ter # 35, Miami FL 33175
MLS A11954986 · 174 days on market
4
Beds
2.5
Baths
1,584
SQUARE FEET
Condominium
Type
1981
Built
$283
HOA / mo
Listing courtesy of
Bustos Realty
Alvaro Bustos
MLS® #A11954986
Listing information last updated June 5, 2026
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Overview
This condo in Miami has 4 bedrooms and 2.5 bathrooms across 1,584 square feet, and is listed for sale at $480,000 (about $303 per square foot). Built in 1981.
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.
Listing history
Price reduced
↓ $19,000 from $499,000 · Feb 10, 2026 · MIAMI MLS
$480,000
Listed for sale
Feb 2, 2026 · MIAMI MLS
$499,000
Days on market
as of today
174 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$283 / mo
Annual property tax (2025)
$6,724
Association type
Condo
Pets
Allowed (verify restrictions)
HOA dues include
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
Features & amenities
Location
12233 SW 24th Ter # 35, Miami FL 33175
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 174 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.