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1395 40Th St Miami, FL 33142

OFF-MARKET Apartment buildings Google Maps
Built 2024
Estimated value
No estimation on file for this property yet.
Property ID US18-4250583

Property summary

AI-generated overview

This stunning, newly constructed (2024) one-story duplex is situated on a desirable corner lot in Miami, Florida, at 1395 NW 40th St, zip code 33142, within Miami-Dade County. The property, categorized as a multifamily apartment building, offers a fantastic investment opportunity due to its prime location and high rental demand. Minutes away from Wynwood, the Design District, Miami International Airport, the Metro system, and major highways, this duplex provides unparalleled convenience and accessibility. Each unit boasts luxury finishes, including stainless steel appliances, Spanish porcelain tile, custom wood cabinetry, and elegant quartz countertops. Hurricane impact windows ensure both safety and energy efficiency, complemented by central air conditioning and energy-saving LED lighting. Private entrances, individual driveways, and ample parking are included. Enhanced security is provided by a RING security system. The versatility of this property is a key advantage. Owners can choose to live in one unit and rent the other, explore short-term rental options, or maximize income potential by renting both units. Rental income potential is significant, with offers already received up to $2,800 per month. This is a rare opportunity to acquire a high-quality, income-generating property in a sought-after Miami neighborhood. Don't miss this chance to secure this exceptional investment.

Property profile

Verified
Property type Apartment buildings
Year built 2024
UPID US18-4250583

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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