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12233 SW 24th Ter #35, Miami, FL, 33175

4beds
3baths
1,584sqft
$480,000
$303price/sqft
$3,596/moest. monthly cost
$143,840/yrincome needed

About This Home

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.

Getting Around

76
WalkingVery Walkable
29
TransitSome Transit
52
BikeBikeable

Schools

5/10

Construction

Condition

  • Year built: 1981

Materials

  • Construction materials: CBS Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Washer/Dryer Hook-Up

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,584
  • Total interior livable area: 1,584 sqft

Property

Details

  • Parcel number: 3049120500350
  • Attached to another structure: Yes

Features

  • Entry location: First Floor Entry
  • Patio & porch: Deck
  • Fencing: Fenced
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Parking

  • Parking features: 2 Or More Spaces