ActiveMLS# 1152172833285 days on market
$480,000
Price Reduced↓ $19,000
$303 / sq ft
12233 SW 24th Terrace 35
Miami, FL, 33175
4Bedrooms
2.5Bathrooms
1,584Sq Ft
1981Year Built
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About This Property

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.

Key Features

  • Built in 1981

Property Details

  • Type: Single Family Home
  • Year Built: 1981
  • Sq Ft: 1,584
  • Price / Sq Ft: $303
  • HOA: Contact Agent
  • Bedrooms: 4
  • Bathrooms: 2.5
  • Feature: Built in 1981
  • Status: Active
  • MLS Number: 1152172833
  • Days on Market: 285
  • Listed By: Bustos Realty · Alvaro J Bustos
  • Zip Code: 33175
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$480,00012233 SW 24th Terrace 35, Miami, FL
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