NOT LISTED FOR SALE

2040 SW 24th Terrace Miami, FL 33145

Northeast Coconut Grove Neighborhood
6 Beds
5 Baths
3,515 Sq Ft
8,580 Sq Ft Lot

Last Sold February 14, 2025

Last sale price $900,000 $256 Per Sq Ft

327 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • No HOA
  • 2 Bedroom Guest House
  • Furnished
  • 2-minute walk to Silver Bluff Park

About This Home

As of February 2025

6 beds 5 baths, two structures in a corner oversized lot. Main house and 2 separated apartments. All rented with leases ending between Oct & Dec 24. $8450/month

AS IS. There is a code violation under the 'unsafe structure' label that mandates the new owner to either reduce or demolish the second structure, which contains the two small units. The violation is due to non-compliance with city setback codes. Main house has no violations.

Opportunity for an investor to remodel or create a second house utilizing the existing second entrance. Seller financing available up to $300K at10% for up to 2 years.

Last Agent to Sell the Property

Jose Izquierdo

Grand Lion Real Estate Group LLC License #3382252 Listed on: 11/10/2023

Last Buyer's Agent

Jose Izquierdo

Grand Lion Real Estate Group LLC License #3382252 Listed on: 11/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,702

Year Built

  • Built in 1940

Lot Details

  • 8,580 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 3 Car Attached Garage

Home Design

  • Studio

Interior Spaces

  • 3,515 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Efficiency Studio
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Additional Homes

  • Guest House
  • 2 Bedroom Guest House
  • Two Bathroom Guest House
  • Guest House Includes Patio
  • Guest House Includes Kitchen

Schools

  • Avocado Elementary School
  • Ammons; Herbert Middle School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • TV Antenna

Community Details

  • No Home Owners Association
  • Carolina Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-15-040-0300

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,702

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CAROLINA PARK SUB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 2 Baths, 2 Bedrooms, Efficiency, Kitchen, Patio
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, 3 Bedroom Split, Separate Guest/In-Law Quarters, Studio Apartment
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Furnished, Unfurnished, Furniture Negotiable
  • Living Area: 3515
  • Other Equipment: TV Antenna
  • Possible Use: Investment
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Separate Guest/In-Law Quarters, Guest House, Studio Apartment

Exterior Features

  • Roof: Other
  • View: None
  • Exterior Features: Lighting
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CAROLINA PARK SUB
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Slab/Strip

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Avocado
  • Middle Or Junior School: Ammons; Herbert

Lot Info

  • Parcel Number: 01-41-15-040-0300
  • Lot Size Sq Ft: 8580
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC, Thermostat, Water Heater, Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14702

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $900,000 -9.1% $256 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $990,000 -5.7% $282 / Sq Ft
09/11/2024 09/11/24 Price Changed $1,050,000 -6.7% $299 / Sq Ft
07/03/2024 07/03/24 Price Changed $1,125,000 -13.5% $320 / Sq Ft
07/01/2024 07/01/24 For Sale $1,300,000 +44.4% $370 / Sq Ft
05/07/2024 05/07/24 Off Market $900,000 -- --
05/01/2024 05/01/24 For Sale $1,300,000 +44.4% $370 / Sq Ft
03/01/2024 03/01/24 Off Market $900,000 -- --
03/01/2024 03/01/24 For Sale $1,300,000 +44.4% $370 / Sq Ft
01/17/2024 01/17/24 Off Market $900,000 -- --
01/17/2024 01/17/24 Pending -- -- --
11/10/2023 11/10/23 For Sale $1,300,000 0.0% $370 / Sq Ft
03/26/2018 03/26/18 Rented $3,100 0.0% --
03/20/2018 03/20/18 Price Changed $3,100 -6.1% $1 / Sq Ft
03/13/2018 03/13/18 Price Changed $3,300 -5.7% $1 / Sq Ft
03/02/2018 03/02/18 For Rent $3,500 +16.7% --
09/09/2015 09/09/15 Rented $3,000 0.0% --
09/09/2015 09/09/15 For Rent $3,000 +15.4% --
10/25/2012 10/25/12 Rented $2,600 -3.7% --
10/25/2012 10/25/12 For Rent $2,700 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jose Izquierdo

    Grand Lion Real Estate Group LLC

    (646) 327-1416

    2 in this area

    21 Total Sales

    Jose Izquierdo
    Section Image
  • Abiel Ballesteros

    Seller's Agent in 2018

    Abiel Ballesteros

    United Dream Real Estate

    (786) 355-6646

    42 Total Sales

    Abiel Ballesteros
    Section Image
  • Jorge Uribe

    Buyer's Agent in 2018

    Jorge Uribe

    One Sotheby's International Realty

    (786) 371-8777

    5 in this area

    63 Total Sales

    Jorge Uribe
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11484509

MIAMI REALTORS® MLS

APN: 01-4115-040-0300

Florida Miami/Dade County Miami 33145 Northeast Coconut Grove

2040 SW 24th Terrace, Miami, FL

This home is located at 2040 SW 24th Terrace, Miami, FL 33145 since 10 November 2023. This property was built in 1940. 2040 SW 24th Terrace is a home located in Miami-Dade County with nearby schools including Silver Bluff Elementary School, Shenandoah Middle School, and Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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