Fort Lauderdale & South Florida Real Estate Waterfront Homes • Luxury Properties • Local Broker Expertise

Fourplex

118 NW 24th St

Miami, FL 33127

MLS#: A11977900

$3,350,000

Status: Active
Listing number: A11977900
Listing provided by: International RG
Listing agent phone: None
Last update: 10 days ago
On site: 8 months ago
Browse Properties
MARKS SUB - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1927

Sq.Footage

2,983

Multifamily Investment (8/8 Studios in WYNWOOD - FOR SALE) •Zoning: T5-O/NRD-1 • Lot Size 7,500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12,400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in '16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $3,350,000

  • Tax Amount

    $56,717

  • Financing Options

    Cash, Conventional

  • Zoning

    6101

  • Sq. Footage

    2,983

  • Price/SqFt

    $1,123

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Cuindney Mantilla, International RG

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Jarrod Gaylis

Managing Broker & Founder

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(305) 790-0199

jgaylis@perfectpropertiesfl.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Multifamily Investment (8/8 Studios in WYNWOOD - FOR SALE) •Zoning: T5-O/NRD-1 • Lot Size 7,500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12,400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in '16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more

118 NW 24th St

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Perfect Properties of Florida Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site 4 days ago
TURNKEY, FULLY RENOVATED & INCOME-PRODUCING 10-UNIT MULTIFAMILY INVESTMENT IN THE HEART OF LITTLE HAVANA! An exceptional opportunity to acquire an established rental property already generating income, with a cap rate exceeding 8% based on provided financials. Featuring nine 1-bedroom units and one 2-bedroom unit, this property offers an established rental operation in one of Miami's most centrally located neighborhoods. Extensive upgrades include PVC plumbing, renovated kitchens and bathrooms, individual A/C units less than two years old, and recent reroofing. The building also features 11 FPL meters, one for each unit plus a master meter. An established short-term rental business is included in the sale, offering investors a turnkey operating platform with potential for continued income generation. Ideally located near LoanDepot Park (Marlins Park), Brickell, Downtown Miami, major highways, dining, and entertainment. A rare opportunity to acquire a fully renovated, income-producing multifamily asset with significant improvements and an existing rental business. Cap rate and financials subject to buyer verification. Buyer to independently verify occupancy, zoning, permitted uses, and transferability of applicable short-term rental operating rights. DON'T MISS THIS OPPORTUNITY! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge!
#A12117933

Miami

1440 SW 4th St

None Beds

None Baths

2,790 Sq.Ft.

$2,950,000

MLS#: A12117933

3 contiguous buildings for sale, total lot size over 23k sq ft (each lot is over 7k sq ft), 8 units taking in over $20k per month and can increase rents. Opportunity to build a new multi family, great covered land play earning income while planning and design. Over 210 feet of frontage!
#A12099647

Miami

1228-1250 SW 2nd St

None Beds

None Baths

6,000 Sq.Ft.

$3,895,000

MLS#: A12099647

2 buildings with large car port area in the middle for sale, total lot size over 15k sq ft, 13 units taking in $22k per month and can increase rents. Opportunity to build a new multi family, great covered land play earning income while planning and design.
#A12099656

Miami

1248-1258 SW 3rd St

None Beds

None Baths

6,000 Sq.Ft.

$3,895,000

MLS#: A12099656

Price reduced
PRIME WYNWOOD MULTIFAMILY INVESTMENT | 10 UNITS | TURNKEY OPPORTUNITY. Over $500K in annual revenue (financials in pics)!! Rare opportunity to acquire a fully furnished / completely renovated goldmine 10-unit multifamily property in the heart of Wynwood, one of Miami’s most recognized and rapidly evolving urban neighborhoods. $400K in renovations done in 2024 means no headaches or potential problems for the new buyer, positioning the property as a turnkey income-producing investment. Additional features include a 2019 roof, 10 A/C units, 10 electric meters, gated access, security cameras, and one water meter servicing the property. Strategically located with convenient access to Wynwood, Midtown Miami, the Design District, Downtown Miami and Brickell. An excellent opportunity for investors seeking immediate income potential, a highly desirable Miami location, and long-term ownership in one of the city’s strongest urban submarkets. Offered at $3.9M. Financials and rent roll available upon request. Contact listing agent for additional information and showing instructions. We also have a few other off-market multi-family properties all around the Miami area. Excellent opportunity to start or grow your portfolio. Just ask us and we can provide more details!! Only 3 hotels in Wynwood that can't keep up with visitor demand. Perfect for AIRBNB. Not a 4-plex, it's a 10 unit property. Pics / furniture is virtually staged. Existing furniture is included.
#A12087540

Miami

268 NW 34th St

None Beds

None Baths

5,574 Sq.Ft.

$3,650,000

MLS#: A12087540

Exceptional investment and development opportunity in Wynwood Norte. This prominent 12,776 SF corner lot combines immediate income from a legal, stabilized 4-unit property with compelling future development potential. Zoned T4-R NRD-2, the site may allow up to 4 stories and approximately 40 residential units, or a potential mix of residential and commercial uses, subject to applicable regulations and buyer due diligence. An ideal opportunity to generate rental income while positioning for future redevelopment in one of Miami's most dynamic and evolving neighborhoods, surrounded by continued investment and residential growth. The property's corner location, substantial lot size and current income stream create a unique opportunity for developers and investors seeking flexibility, visibility and long-term upside. Located near major employment, dining, entertainment and cultural destinations, the site benefits from the continued transformation of the greater Wynwood area and strong demand for urban living. Its strategic location offers excellent connectivity to Downtown Miami, the Design District, Midtown and major transportation corridors, enhancing its appeal for future development. This is a rare chance to secure a sizable corner parcel in a high-growth urban neighborhood while benefiting from in-place income today. Detailed rent roll and expense information is available in the attached flyer. Drive by only; please respect tenant privacy and do not disturb occupants.
#A12050754

Miami

280 NW 33rd St

None Beds

None Baths

2,105 Sq.Ft.

$2,900,000

MLS#: A12050754

Four 2025-built, 5-bed / 4-bath twin-home units (2,478 sf each) offered together as a single package. All four are leased on Section 8 Housing Choice Vouchers, with rent paid directly by the housing authority for dependable, government-backed cash flow. Solid CBS (concrete block) construction with impact windows, high-end finishes, and full builder warranty means minimal near-term maintenance. A rare turnkey portfolio in one of South Dade's fastest- growing rental corridors. Units in package 4 (each its own folio) Configuration 5 Bed / 4 Bath each Living area 2,478 sf / unit (9,912 sf) Lot size 3,720 sf per unit Year built 2025 — under warranty Construction CBS block + impact windows Tenancy 100% Section 8 leased Avg in-place rent $4,467 / mo per unit Net operating income $198,638 Cap rate 6.85% Gross rent multiplier 13.5x
#A12038022

Miami

22505 SW 125th Ave

None Beds

None Baths

2,451 Sq.Ft.

$2,900,000

MLS#: A12038022

Prime Investment Opportunity in West Brickell! This quadplex sits on a 7,500 sqft lot with versatile T5-L zoning, allowing for mixed-use development (residential, retail, office, hotel). Currently income-producing with 4 updated residential units and a gated 6-car parking area, it offers potential to add up to 5 more units. Its strategic location—just 3 minutes from Coral Way and close to Brickell City Centre, Downtown, Little Havana, and major highways—ensures strong demand for both residential and commercial tenants. High walkability, transit access (Metrorail/Metromover nearby), and no HOA make this property an ideal choice for investors seeking immediate cash flow and long-term appreciation in one of Miami's fastest-growing neighborhoods.Versatile asset with exceptional upside!
#A12034296

Miami

364 SW 11th St

None Beds

None Baths

3,372 Sq.Ft.

$3,800,000

MLS#: A12034296

12-unit building(All 2bed 1 bath), just passed 50 year recertification. Very easy to manage. Call for profit and loss.
#A11998505

Miami

111 SW 18th Ave

None Beds

None Baths

9,615 Sq.Ft.

$3,950,000

MLS#: A11998505

This two-story building features a desirable unit mix catering to the strong demand for affordable and workforce housing in the area. Strategically positioned just east of North Miami Avenue, the property benefits from proximity to the Miami Design District, Wynwood, and Midtown, offering tenants access to major employment centers, retail, and cultural amenities. The asset provides investors with immediate cash flow and significant upside potential through interior renovations and rent optimization, as current rents remain below market averages. Little Haiti continues to experience rapid growth and redevelopment, attracting both local and national investment, enhancing the long-term value of multifamily assets in the submarket.
#A11945698

Miami

36 NE 65th St

None Beds

None Baths

15,996 Sq.Ft.

$3,990,000

MLS#: A11945698

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Perfect Properties of Florida Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Perfect Properties of Florida Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service