$1,850,000

$608/sq ft

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Overview

Bedroom

7

Bath

4

Year Built

1939

Garage

2

Sqft

3041

Property Type

Single Family Residence

Property Description

Excellent opportunity to live in and receive income with this turnkey multi-family investment in the heart of Miami Beach. With updated interiors, a consistent rental history, and excellent income potential, this property offers strong upside. Just off 41st Street near synagogues, the beach, and Polo Park, it features two spacious 3-bedroom units, a rarity in Miami Beach, each with central air and bright natural light. The lower unit offers a 3-bedroom, 2-bath layout with generous living areas, while the upper unit includes 3 bedrooms and 1 bath with potential to add a second bath for increased value. A remodeled 2-bedroom cottage showcases modern finishes, marble countertops, and gray tile. Shaded front yard and large backyard perfect for gatherings, enjoying coffee outside, or storage.

Property Details

MLS#

A11899498

Garage

2

Building

GARDEN SUB AMD

Address

836 40th St W

City

Miami Beach

State/county

FL

Zip/Postal Code

33140

Area

Garden Sub Amd

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$21,686

Maint Fee

$--

Tax Year

2024

Dishwasher

Electric Range

Other

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Boris Gelfand