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

Active For Sale
$480,000
  • Beds 4
  • Baths 3
  • Sq Ft 1,584 Sqft
  • Visits: 4 in 156 days

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.

Features

  • Heating System: Central, Electric
  • Cooling System: Electric, Central Air
  • Fence: Fenced
  • Patio: Deck

Appliances

  • Appliances: Electric Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: LAKE VILG AT INTL LAKE TH
  • Zipcode: 33175
  • Street: 24th
  • Street Number: 12233
  • Street Suffix: Terrace
  • Floor Number: 0
  • Longitude: W81° 36' 27''
  • Latitude: N25° 44' 49.1''
  • UnitNumber: 35
  • Directions: use mapquest
  • Street Dir Prefix: SW
  • MLS Area: 2490

MLS Addon

  • Association Amenities: No
  • Association Fee: $283
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds
  • Close Price: $0
  • Elementary School: Wesley Matthews
  • Exterior Features: Outdoor Living Area
  • Flooring: Tile
  • High School: Southwest Miami
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Main Level Primary
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Middle Or Junior School: W. R. Thomas
  • New Taxes Expense: $0
  • Stories Total: 2
  • Tax Annual Amount: $6,724

Location

Listing Updated: 2026-07-05 16:08:15

  • Parent : 12233:SW:24th:33175:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11954986
  • Price : $480,000
  • View : Water
  • Bedrooms : 4
  • Bathrooms : 3
  • Full Bathrooms : 2
  • Half Bathrooms : 1
  • Square Footage : 1,584 Sqft
  • Year Built : 1981
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 156
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