$1,050,000

$371/sq ft

$100,000
Price Decreased

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Overview

Year Built

1935

Sqft

2833

Property 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 $7,650+/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 high cap rate. A rare, move-in-ready multifamily gem in a rapidly appreciating neighborhood.

Property Details

MLS#

A11903290

Total Floor in Bldg

2

Address

270 40th Ct NW

City

Miami

State/county

FL

Zip/Postal Code

33126

Area

12th St Manors Sec 3

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,177

Maint Fee

$--

Tax Year

2025

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Boris Gelfand