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4245 NW 24th Ave, Miami, FL, 33142

5beds
2baths
1,701sqft
$609,000
$358price/sqft
$4,653/moest. monthly cost
$186,120/yrincome needed

About This Home

GREAT INCOME PRODUCING PROPERTY. Opportunity to own a solid duplex and have steady rental income. A 2 story building on a 7,200 sqf Lot. Zoning allows to build a one story building of 590 sqf (buyer must confirm with the City of Miami). The building currently has two units: Unit on ground floor has 3 bed/1 bath (rented for $2,500), Unit on 2nd floor has 2 bed/1 bath (rented for $2,150). There is no HOA association fees. A MUST SEE, GREAT OPPORTUNITY FOR INVESTORS. DO NOT DISTURB THE TENANTS! Please use showing assist for appointments, at least 24h notice.

Getting Around

70
WalkingVery Walkable
63
TransitGood Transit
49
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1954

Materials

  • Roof: Other
  • Construction materials: Concrete Block Construction,CBS Construction

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,701
  • Total interior livable area: 1,701 sqft

Property

Details

  • Parcel number: 3031220320210
  • Zoning: 5700

Features

  • Stories: 2

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 5

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
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
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 $3,079$36,948
Home Insurance *$241$2,892
Property Taxes $1,136$13,632
Electricity $197$2,366
Total$4,653$55,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$159,531/yr
40% on housing$139,590/yr
45% on housing$124,080/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

$358This listing

vs Other Active Listings

Avg $/sqft

ZIP 33142$270
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
2026-05-05Listed for sale$659,000
2023-09-18Listing removed--
2023-09-11Listed for sale$575,000
2019-06-05Sold$329,000
2019-05-28Pending sale$360,000
2019-02-08Price change$360,000
2018-10-29Price change$380,000
2018-10-10Listed for sale$450,000
2018-07-03Sold$225,000
2018-03-29Pending sale$229,000
2018-03-22Listed for sale$229,000
2017-10-27Sold$115,000
2017-03-09Sold$99,700
2013-06-17Sold$1,100
2004-12-30Sold$142,500
2004-06-17Sold$100,000
2002-12-17Sold$149,000
2002-10-24Sold$79,000

For Sale by Agent

AgentFederico Nimhauser
BrokerageHauser Realty

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