1721 24Th Ter Miami, FL 33145

Property Details for 1721 24Th Ter

Year built

1926

Property size

2,713 SF

Property type

Small apartment buildings

Description

This exceptional two-unit apartment building, located at 1721 SW 24th Ter in Miami, Florida, presents a compelling investment opportunity. The property, classified as a Class B multifamily building, comprises two structures totaling 2,713 square feet on a 7,425 square foot lot. Built in 1926, the property features a main house with four bedrooms and three bathrooms, and a detached one-bedroom, one-bathroom unit. Both units boast spacious layouts, including large kitchens, dens, and dining areas, enhanced by high ceilings. Significant upgrades have already been completed, including new impact windows and a new roof installed in 2023. Furthermore, both units have undergone plumbing upgrades to copper and PVC, with the removal of outdated ironwork. The property's zoning is T3-R-SUBURBAN ZONE. Its enviable location across from Coconut Grove and adjacent to The Roads, between Brickell and Coral Gables, offers unparalleled convenience and access to Miami's vibrant lifestyle. This property is ideal for investors seeking strong returns or individuals desiring a low-maintenance, high-value property in a prime location, minimizing the commute while maintaining proximity to major employment centers and amenities. The asking price is $1,100,000.