12233 SW 24th Ter # 35, Miami FL 33175, MIAMI, FL, 33175
Active195 days on marketListed Feb 2, 2026MLS #A11954986
About this home
12233 SW 24th Ter # 35, Miami FL 33175
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.
Facts & features
The home at a glance
4
Bedrooms
2.5
Bathrooms
1,584
Sqft
1981
Year built
$303
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,041 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,041/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$303 vs $508
Days on market
195 vs 66 typical
Where $303/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside International Gardens
Get to know Miami. See the full Miami guide →
International Gardens — neighborhood snapshot
Population
12,532
Median age
48
Median income
$35,759
Median home value
$290,364
Avg household
3
Households w/ children
1,293
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 57% above the MIAMI 33175 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 12233 SW 24th Ter # 35
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$419,000
12241 SW 24th Ter # 39, Miami FL 33175 · same community
3 bd · 2 ba · 1,200 sqft · $349/sqft · 36 DOM
Sold · Oct ’25$400,000
12213 SW 24th Ter # 19, Miami FL 33175 · same community
2 bd · 2 ba · 1,200 sqft · $333/sqft · 67 DOM
Sold · Nov ’25$755,500
3740 SW 124th Ct, Miami FL 33175
4 bd · 3 ba · 1,572 sqft · $481/sqft · 5 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Donna Layton
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 12233 SW 24th Ter # 35 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12233 SW 24th Ter # 35 — before you fall in love.
See it in person
Schedule a tour
Live availability from Donna's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
12233 SW 24th Ter # 35 FAQs
What would the monthly payment be for 12233 SW 24th Ter # 35, Miami FL 33175?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,041/mo — principal and interest, the actual property-tax bill, the $283/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 12233 SW 24th Ter # 35, Miami FL 33175?+
The association fee works out to $283 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 12233 SW 24th Ter # 35, Miami FL 33175?+
The most recent tax bill on record (2025) was $6,724. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 12233 SW 24th Ter # 35, Miami FL 33175?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $480,000, this home is listed about 21% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 12233 SW 24th Ter # 35, Miami FL 33175?+
Wesley Matthews Elementary School (elementary), W. R. Thomas Middle School (middle), Instructional Center System Wide (), Southwest Miami Senior High (high), District Instructional Center (Dic) (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$480,000 runs 57% above the MIAMI 33175 median — but at 1,584 sqft it's also 31% larger than the typical Miami listing.
02Water View views
The water view view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
195 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $499,000, now $480,000 — a $19K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Bustos Realty · Alvaro Bustos. MLS #A11954986.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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