1620 SW 40th Ave, Miami FL, 33134

Under contract

Active With Contract

1620 SW 40th Ave

Miami FL, 33134

$2,300,000

$689.86 per sqft

Under contract

Active With Contract

3,334 sqft

Multi-family

Built in 1959

Exceptional investment opportunity in the highly sought-after Little Gables neighborhood, just minutes from downtown Gables. This stable and reliable four-plex sits on a 7,500 sq ft corner lot and features four 2-bedroom, 1-bath units, each with a 1-year lease at $2,500/month. The property boasts separate electric meters and three split AC units per unit. Residents have access to owned washers and dryers within their individual units. Recent updates include brand-new floors, appliances, bathrooms, impact windows and doors throughout, and more--tenting in June 2021 and 40-year recertification in 2022. The electrical system was upgraded to circuit breakers in 2016, and the roof was resealed in 2014. Please check broker remarks for more information.

A11645459

MLSⓇ ID

September 3, 2024

Listed

December 3, 2024

Updated

Map

1620 SW 40th Ave
Miami FL, 33134

Interior Features

Total Stories: 2
Interior Features: Stairs
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Central

Exterior/Building Features

Lot Features: Less Than 1/4 Acre Lot, Regular Lot
Architectual Style: Attached
Roof: Flat Roof With Facade Front
Sewer: Septic Tank

Other Property Details

Area Name: Anderson Park
Taxes: $12,640
Tax Frequency: Annually
Days on Market: 91
Garage: No
Parking Total: 4
View: No
County: Miami-Dade County
Water Source: Municipal Water
Pool: No
Zoning: 3100

Listing History

Date	Event	Price
12/3/2024	Under contract	—

Listed by: Coldwell Banker Realty
Listing Contact: 786-310-4006

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 5:40 PM UTC, 12/3/2024.