Active
1620 SW 40th Ave
Miami FL, 33134
$2,300,000
$689.86 per sqft
Active
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
October 2, 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
11
Garage
No
Parking Total
4
View
No
County
Miami-Dade County
Water Source
Municipal Water
Pool
No
Zoning
3100
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.
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Data last updated 1:38 AM UTC, 10/2/2024.