2040, Southwest 24th Terrace, Bay Heights, Miami-Dade County, United States
Miami, FL 33145
Sold Feb 11, 2025 for $900,000
Last asked $1,125,000
- Multi-family
- 3,515 SF building
- 8,580 SF lot
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Highlights
- 3,515 SF building on a 8,580 SF lot
Property facts
- Sold on
- Feb 11, 2025
- Sale price
- $900,000
- Last asking price
- $1,125,000
- Property type
- Multi-family
- Building size
- 3,515 SF
- Lot size
- 8,580 SF
About this property
We present this prime property offering both residential comfort and excellent rental income potential. This spacious corner lot spans 8,580 Sq.Ft is within the premier Silver Bluff Estates community, featuring a well-maintained 3,515 Sq.Ft living area with a newly replaced roof just 3 years ago. The zoning is grandfathered for 3 units; each with separate meters. A 2-bedroom, 1- bathroom unit rented at $1,850 per month, A 1- bedroom, 1-bathroom unit rented at $1,750 per month and a 3-bedroom, 3-bathroom unit rented at $4,800 per month. Owner Financing is Available: eliminating hurdles for many investors going through conventional methods. This is of particular importance given some violations that do exist on the site, consult with us for more details. Whether you’re looking for a steady rental income stream or considering a multi-family living setup, this property offers versatility and financial potential in a highly sought-after neighborhood. Located between Silver Bluffs and Bay heights neighborhoods, this property boasts a strategic location close to schools, parks, and major thoroughfares, ensuring convenience for residents, tenants and future owners alike.
From the listing broker.