3460 SW 24th Ter, Miami, FL 33145
- Added:
- May 26, 2026
- Days on Market:
- 38
- Last Refresh:
- Jul 2 at 5:06 pm
Property Features for 3460 SW 24th Ter
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
- Parking
- 4
- Standard status
- Active Under Contract
- APN
- 01-41-16-015-1340
- Size
- 1,946 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SILVER BLUFF HOMESITES PB 8-101 LOT 13 & W5FT OF S40FT OF LOT 14 OR 14502-887 0490 4
- Tax Annual Amount
- 7975
Utilities
- Utilities
- Cable Available
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1929
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic, Carpet
- Building materials
- Block
Listing agent M. Cristina Diez License #0637151 (786) 255-2525
Listing office Miami New Realty 2470 NW 102 Pl Ste 107, Doral, FL (305) 485-3100
Listing date May 26, 2026
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.
HighLights
- Duplex with 4 bedrooms and 2 bathrooms, including Bedroom 1–4 and Bathroom 1–2
- Block construction; tile‑ceramic and carpet flooring
- Electric heating and electric cooling
- Year built: 1929
- Utilities include cable available
Overview
The property is located at 3460 SW 24th Ter in Miami-Dade County, Florida, within the Silver Bluff area as referenced in the remarks. The listing is presented as a redevelopment opportunity, with the choice to remodel in place or pursue a tear-down and rebuild approach.
For buyers and investors who want control over the final product, the property’s flexibility is the primary consideration. A remodeling plan can preserve the existing duplex layout, while a tear-down-and-rebuild strategy supports creating a new duplex tailored to a buyer’s specifications, with the end design described as high-end style in the provided information.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $30.60 |
| − Vacancy | −$3.8k | −$1.95 |
| EGI | $55.8k | $28.65 |
| − OpEx | −$16.7k | −$8.60 |
| NOI | $39.0k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.250288
- Latitude
- 25.745333
