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120 SW 24th Rd, Miami FL 33129
About this home
Rare opportunity to acquire one of the larger residential lots in The Roads, just minutes from Brickell with immediate access to I-95. Situated on an oversized 9,525 SF lot, this property stands out in a neighborhood where lot sizes are typically smaller. The lot allows for the construction of a new two-story residence of approximately 6,000–8,000+ SF (buyer to verify). Ideal for developers, investors, or end-users looking to build a custom residence or renovate and expand the existing home. The property also features an existing lap-style swimming pool, offering added value and a foundation for future outdoor design. Located on a quiet, tree-lined boulevard with a landscaped central median, just minutes from Brickell, Coconut Grove, and Downtown Miami. Zoned for single-family residential use.
Features
- First Floor Entry
- Closet Cabinetry
- Walk-In Closet(s)
- Family Room
- Maid/In-Law Quarters
- Barbeque
- Other
- Pool
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $10,113
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.