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2624 NW 24th St, Miami, FL, 33142

4beds
2baths
1,750sqft
$640,000
$366price/sqft
$4,118/moest. monthly cost
$164,720/yrincome needed

About This Home

Excellent Investment Opportunity with Development Potential T4-R! Don't miss this fully stabilized detached duplex in the rapidly growing and highly sought-after Allapattah neighborhood, where rental demand continues to rise. Situated on a spacious, fully fenced lot, this property offers ample parking, mature fruit trees, and outstanding income-producing potential. The property features two separate 2-bedroom, 1-bathroom homes, each with its own electric meter, making it ideal for investors or owner-occupants looking to generate rental income. Front Unit Features: 2 bedrooms, 1 bathroom, updated kitchen, Laundry closet, Central air conditioning, Private fenced yard with fruit trees. Back Unit Features: 2 bedrooms, 1 bathroom, Beautiful terrazzo floors, New roof, Washer and dryer, updated bathroom with shower, Central air conditioning, & Private fenced yard with fruit trees. Conveniently located near schools, public transportation, major highways, shopping centers, and other everyday amenities, this property combines strong cash-flow potential with future appreciation opportunities. Investors—this is an opportunity you won't want to miss!

Getting Around

79
WalkingVery Walkable
45
TransitSome Transit
54
BikeBikeable

Schools

5/10
Melrose Elementary SchoolGrades PK-50.7 mi
3/10

Construction

Condition

  • Year built: 1956

Materials

  • Roof: Composition Roll,Shingle
  • Construction materials: CBS Construction

Other

  • Builder model: 2/1 + 2/1

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Window features: Blinds
  • Flooring: Ceramic Tile,Terrazzo

Heating & Cooling

  • Heating features: Central,Window/Wall
  • Cooling features: Ceiling Fan(s),Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,750
  • Total interior livable area: 1,750 sqft

Property

Details

  • Parcel number: 0131270040340
  • Zoning: 3900

Features

  • Stories: 1
  • Patio & porch: Patio
  • Fencing: Fenced
  • Residential vegetation: Fruit Trees

Lot

  • Lot size: 7,150 sqft
  • Features: Less Than 1/4 Acre Lot
  • Lot size dimensions: 50.000 x 143

Parking

  • Total spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,236$38,832
Home Insurance *$253$3,036
Property Taxes $432$5,184
Electricity $197$2,366
Total$4,118$49,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$141,188/yr
40% on housing$123,540/yr
45% on housing$109,813/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$366This listing

vs Other Active Listings

Avg $/sqft

ZIP 33142$269
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33142$358
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Listed for sale$640,000
2025-05-02Sold$2,000
2025-04-16Listing removed$2,500
2025-04-04Price change$2,100
2025-04-04Listed for rent$2,500
2025-01-24Sold$575,000
2024-12-16Contingent$575,000
2024-11-21Listed for sale$575,000
2024-11-14Contingent$575,000
2024-10-29Listed for sale$575,000
2024-10-02Contingent$590,000
2024-09-04Price change$590,000
2024-08-14Price change$614,999
2024-07-29Listed for sale$639,000
2016-10-24Sold$168,750

For Sale by Agent

AgentArmando Viera
BrokerageOne Stop Realty

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