- $480,000
Overview
- 4
- 2.5
- 1584 Square Feet
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.
Details
Updated on February 12, 2026 at 10:19 am-
MLS ID A11954986
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Price $480,000
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Property Size 1584 Square Feet
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Bedrooms 4
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Bathrooms 2.5
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Garage 0
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Year Built 1981
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Property Type Condominium
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Property Status Residential
Additional details
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MLS Status Active
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Building Name LAKE VILLAGE
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Full Bathrooms 2
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Half Bathrooms 1
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Total Building Area 1584
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Building Area Units Square Feet
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Pets Allowed 1
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Pets Allowed Yes
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Cooling Central Air, Electric
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Heating Central, Electric
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Flooring Tile
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Bedroom Features At Least 1 Bedroom Ground Level, Entry Level
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Laundry Features Washer/Dryer Hook-Up
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Security Features No Security
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Patio And Porch Features Deck
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Fencing Fenced
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Covered Spaces 0
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Carport Spaces 0
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Parking Features 2 Or More Spaces
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Construction Materials CBS Construction
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Lot Size Square Feet 0
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View Water View
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Association Amenities None
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Maintenance Includes Landscaping/Lawn Maintenance
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Style Condo 1-4 Stories
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Elementary School Mattews; Wesley
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Association Fee 283
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Association Fee Frequency Monthly
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Type of Association Condo
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Tax Annual Amount 6724
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Tax Year 2025
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Tax Exemptions Tax Reflects No Homestead Exemption
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Days On Market 9
Address
Open on Google Maps-
Address: 24th Ter
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33175
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