Back to Search
Studio Apartment Income Property

118 NW 24th St Miami, FL 33127

New
118 NW 24th St, Miami, FL, 33127
$3,390,000
For Sale
$3,390,000

MULTI_FAMILY - Other - Miami, FL

Property Size2,983 SF
Lot Size0.17 Acres
Price / SF$1,136
Days on Market2

Property Features for 118 NW 24th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Bathroom 1
Parking
8
Window features
Skylight(s)
Interior features
Skylights
Exterior features
Fence
Fencing
Fenced
Standard status
Active
APN
01-31-25-037-0420
Size
2,983 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4
Tax Annual Amount
56717

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1927
Floors in Building
1
Flooring type
Concrete
Building materials
Block
Roof type
Shingle
Architectural style
Other
Listing Agency IRG
1000 Brickell Ave Ste 1200-A, Miami, FL
Listed by Cuindney Mantilla · License #3325552
Added: Jul 16 Checked: Jul 17 at 2:06 am
MLS# A11977900 Listing URL

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.


Investment Insights

Based on property information with market context.

This multifamily property offers eight street-level studio units with established, up-to-date tenant leases. The building includes a WiFi network for all tenants and a central washer and dryer. Recent improvements include a new roof installed in 2016.

The property sits on a 7,500 square foot lot and includes eight street parking spaces with City Decal. The listing describes the site as covered-land play property and identifies zoning as T5-O/NRD-1.

At the time of listing, the current income is approximately $12,400 per month, with the owner receiving income while working on development plans. The address is 118 NW 24th St, Miami, FL 33127.

Key Highlights

  • Multifamily property with 8/8 studios
  • Approx. $12,400/month current income and all tenant leases up to date
  • 7,500 SF lot with zoning T5‑O/NRD‑1

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home Nursing Home Butcher Adult Day Care Buffet Veterinary Clinic Mobile Phone Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Eight studio units generate current rental income and share central laundry and a tenant WiFi network.
Where is this apartment building located?
The property is located at 118 NW 24th St Miami, FL.
What is the asking price?
The asking price for this property is $3,390,000.
What are key features of this property?
This property features: Multifamily property with 8/8 studios; Approx. $12,400/month current income and all tenant leases up to date; 7,500 SF lot with zoning T5‑O/NRD‑1
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message