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$620,000

2624 24th St, Miami, FL 33142

Living area
1,750 ft²
Price per ft²
$354 / ft²
Type
Duplex
Year built
1956
On market
83 days on market
MLS #
A12057558

Excellent Investment Opportunity with Development Potential T4-R! Don't miss this fully stabilized detached duplex in the rapidly growing and highly sought-after Allapattah neighborhood, where rental demand continues to rise. Situated on a spacious, fully fenced lot, this property offers ample parking, mature fruit trees, and outstanding income-producing potential. The property features two separate 2-bedroom, 1-bathroom homes, each with its own electric meter, making it ideal for investors or owner-occupants looking to generate rental income. Front Unit Features: 2 bedrooms, 1 bathroom, updated kitchen, Laundry closet, Central air conditioning, Private fenced yard with fruit trees. Back Unit Features: 2 bedrooms, 1 bathroom, Beautiful terrazzo floors, New roof, Washer and dryer, updated bathroom with shower, Central air conditioning, & Private fenced yard with fruit trees. Conveniently located near schools, public transportation, major highways, shopping centers, and other everyday amenities, this property combines strong cash-flow potential with future appreciation opportunities. Investors—this is an opportunity you won't want to miss!

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $354. The median for recorded sales in the same ZIP codes is $715/ft² — putting it 50% below the median.
  • Position in the area’s price distributionThe asking price is $620,000; the median of recorded sales in the area is $575,000 (730 sales). On raw price that is 8% above the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33136, 33142 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$186,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$3,005
Loan amount
$434,000
Total interest over the term
$647,774
Total repaid
$1,081,774

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

One Stop Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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