12233 SW 24th Ter Unit 35, Miami, FL
4 bd · 3 ba · 1,584 sqft Condo listed at $480,000, built in 1981 in the International Gardens neighborhood.
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.
Property details
- Price
- $480,000
- Bedrooms
- 4
- Bathrooms
- 3
- Interior
- 1,584 sqft
- Price / sqft
- $303
- Year built
- 1981
- Type
- Condo
- Days on market
- 82
- Est. property tax
- $4,128/yr · $344/mo · 0.86% FL avg
- HOA
- $283/mo
Estimated monthly payment
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Price history
▼ 3.8%Most recent change on 2026-02-10: $499,000 → $480,000.
- Feb 10, 2026$480,000Price change
- Feb 3, 2026$499,000Initial list price
- Jul 22, 2025$499,000Initial list price
Location
This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.
Home Intelligence
Neighborhood (zip 33175)
This neighborhood is predominantly owner-occupied (76%). Median age is 48.0; 20% hold a bachelor's degree; median household income is $71,621.
- Median income
- $71,621
- Median age
- 48.0
- Owner-occupied
- 76.2%
- Bachelor's degree
- 20.3%
- Census median home value
- $421,400
Source: US Census Bureau American Community Survey 5-year estimates.
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