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About This Home

This 4-bedroom, 3-bathroom condo at 12233 SW 24th Ter in Miami, FL is listed for $480,000 ($303 per sqft). Built in 1981, the home offers 1,584 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 1981
  • 2 stories

Property Details

2 stories
2 full, 1 half
#35
1981

Amenities

View

Monthly Cost Estimate

$2,567/mo

20% down · 6.5% · 30 years

Principal$347
Interest$2,080
Insurance$140

Estimates only. Actual payments may vary.

Location

12233 SW 24th Ter

Miami, FL 33175

Lake Vilg At Intl Lake Th

Features & Amenities

Interior Features

Bedroom On Main LevelFirst Floor Entry

Exterior Features

DeckFence

Property Details

Flooring

Tile

Construction

Block

Views

Water

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Questions & Answers

This 4-bedroom, 3-bathroom condo at 12233 SW 24th Ter is listed at $480,000 ($303/sqft). The estimated monthly payment is $2,080 based on 20% down at 6.5% interest.

Key features include: Built in 1981, 2 stories. Interior Features: Bedroom On Main Level, First Floor Entry. Exterior Features: Deck, Fence.

This property is listed by Alvaro Bustos and can be reached at 3059034456 or alvaro@bustosrealty.com.

AB

Alvaro Bustos

Agent at Bustos Realty

(305) 903-4456

Listed by Bustos Realty · View on Broker Site

MLS# A11954986· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12233 SW 24th Ter, Miami, FL 33175

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