270 NW 40th Ct new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33126
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,833 sqft
Price per Sqft $405
Subdivision 12Th St Manors Sec 3
MLS Listing ID A11903290
HOA Y/N No
Year Built 1935
Annual Tax Amount $15,229
Tax Year 2024
Property Sub-Type Duplex
Property Description
INCREDIBLE Turnkey investment opportunity in the heart of Miami! This legal duplex functions as a triplex featuring (2) spacious 3-bed/2-bath units and (1) 1-bed/1-bath unit. Fully renovated with a 10-year roof, impact windows and doors, new flooring, kitchens, baths, stainless-steel appliances including in-unit washer/dryers, and ample parking. Strong current income with potential for over $7,400+/month when fully rented. Ideal for investors or owner-occupants seeking income stability and low maintenance. All major systems updated. Centrally located minutes from major highways, Miami International Airport, Coral Gables, and downtown. Excellent short-term or long-term rental potential with a solid 5.2% cap rate. A rare, move-in-ready multifamily gem in a rapidly appreciating neighborhood.
Location
State FL
County Miami-dade
Community 12Th St Manors Sec 3
Area 41
Interior
Heating Central
Cooling Central Air
Flooring Hardwood,Tile,Vinyl,Wood
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Level or Stories Two
Structure Type Block
Others
Tax ID 01-41-05-010-0432
Acceptable Financing Cash,Conventional,FHA,Other
Listing Terms Cash,Conventional,FHA,Other
Special Listing Condition Listed As-Is
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11903290