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270 NW 40Th Ct Miami, FL 33126

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For Sale
$1,150,000

Renovated triplex in Miami with strong income potential.

Building Details

Year built
1935

Source: Four Corners Real Estate, LLC. Agent Angel Dominguez

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Miami Triplex Investment

This legal duplex functions as a triplex, offering an investment opportunity in Miami. The property features two 3-bed/2-bath units and one 1-bed/1-bath unit. It has been fully renovated, including a 10-year roof, impact windows and doors, new flooring, kitchens, and baths. Stainless-steel appliances and in-unit washer/dryers are included. Ample parking is available. The property offers income potential, with the possibility of generating over $7,400 per month when fully rented. It is suitable for investors or owner-occupants seeking income stability and low maintenance. All major systems have been updated. The property is centrally located minutes from major highways, Miami International Airport, Coral Gables, and downtown. It presents excellent short-term or long-term rental potential with a 5.2% cap rate.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.26241
Latitude
25.774704

FAQs

What type of property is this?
Triplex - Renovated triplex in Miami with strong income potential.
Where is this triplex located?
The property is located at 270 NW 40Th Ct Miami, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: - Turnkey triplex (legal duplex) in the heart of Miami, offering immediate rental income.; - **Fully renovated with a 10-year roof, impact windows/doors, new flooring, kitchens, and baths.**; - Features (2) 3-bed/2-bath units and (1) 1-bed/1-bath unit, all with stainless-steel appliances and in-unit washer/dryers.
More about this property
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