1629 NW 40th St, Miami, FL 33142
- Added:
- Jun 16, 2026
- Days on Market:
- 16
- Last Refresh:
- Jul 1 at 11:06 am
Property Features for 1629 NW 40th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 8
- Rooms
- Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 5, Bedroom 7, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 8, Bedroom 6, Bathroom 6
- Parking
- 4
- Standard status
- Active
- APN
- 01-31-23-038-0150
- Size
- 3,347 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CEDARHURST PB 11-18 LOT 15 LOT SIZE 50.000 X 100 OR 16597-3168 1194 3
- Tax Annual Amount
- 2762
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic, Laminate
- Building materials
- Block
- Roof type
- Shingle
Listing agent Monica Malpica License #3282829 (407) 968-3856
Listing office LPT Realty, LLC 1400 S International Parkw Suite 1020, Lake Mary, FL (877) 366-2213
Listing date Jun 16, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New construction duplex (under construction) with Year Built 2026
- Approx. 3,347 total SF with 8 bedrooms and 4 full plus 2 half bathrooms
- Central heating and central air conditioning
- Block construction with shingle roof and impact window and doors
- Laminate and ceramic tile flooring; open‑concept kitchen with modern counters and stainless steel appliances
- Public sewer; cable available
Overview
The property is located at 1629 NW 40th St, Miami, FL 33142 in Miami-Dade County. The public remarks note it is very close to Wynwood, Midtown, the Design District, and major expressways.
This configuration can suit buyers looking for a residential income property with a modern, turnkey interior package and clear build features such as impact-rated openings. With no HOA and no CDD noted in the remarks, it may appeal to owner-operators or investors seeking a straightforward ownership structure. Buyers and buyer’s agents are welcome.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.4k | $30.60 |
| − Vacancy | −$6.5k | −$1.95 |
| EGI | $95.9k | $28.65 |
| − OpEx | −$28.8k | −$8.60 |
| NOI | $67.1k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.22356
- Latitude
- 25.812887
