Excellent opportunity to live in and receive income with this turnkey multi-family investment in the heart of Miami Beach. With updated interiors, a consistent rental history, and excellent income potential, this property offers strong upside. Just off 41st

836 WEST 40TH ST, Miami Beach

$1,850,000 USD 7 4
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Address836 WEST 40TH ST, Miami Beach
Building NameGARDEN SUB AMD
Type of PropertySingle Family Residence
Property StyleR30-No Pool / No Water
Price$1,850,000
Property StatusActive
MLS NumberA11899498
Bedrooms Number7
Full Bathrooms Number4
Living Area3041
Lot Size5500
Year Built1939
Garage Spaces Number2
Folio Number02-32-27-015-0370
Zoning Information3900
Days on Market2

Detailed Description: Excellent opportunity to live in and receive income with this turnkey multi-family investment in the heart of Miami Beach. With updated interiors, a consistent rental history, and excellent income potential, this property offers strong upside. Just off 41st Street near synagogues, the beach, and Polo Park, it features two spacious 3-bedroom units, a rarity in Miami Beach, each with central air and bright natural light. The lower unit offers a 3-bedroom, 2-bath layout with generous living areas, while the upper unit includes 3 bedrooms and 1 bath with potential to add a second bath for increased value. A remodeled 2-bedroom cottage showcases modern finishes, marble countertops, and gray tile. Shaded front yard and large backyard perfect for gatherings, enjoying coffee outside, or storage.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33140
Address836 WEST 40TH ST
Section27
Zip Code (4 Digits)3846
Financial Information
Price$1,850,000
Price per Foot$0
Folio Number02-32-27-015-0370
Tax Amount$21,686
Tax Year2024
Full Descriptions
Detailed DescriptionExcellent opportunity to live in and receive income with this turnkey multi-family investment in the heart of Miami Beach. With updated interiors, a consistent rental history, and excellent income potential, this property offers strong upside. Just off 41st Street near synagogues, the beach, and Polo Park, it features two spacious 3-bedroom units, a rarity in Miami Beach, each with central air and bright natural light. The lower unit offers a 3-bedroom, 2-bath layout with generous living areas, while the upper unit includes 3 bedrooms and 1 bath with potential to add a second bath for increased value. A remodeled 2-bedroom cottage showcases modern finishes, marble countertops, and gray tile. Shaded front yard and large backyard perfect for gatherings, enjoying coffee outside, or storage.
Property ViewOther
Design DescriptionAttached, Two Story
Roof DescriptionOther
Floor DescriptionOther
Interior FeaturesOther
Exterior FeaturesOther
Furnished InformationUnfurnished
Equipment AppliancesDishwasher, Electric Range
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Parking DescriptionOther
Pet RestrictionsYes
Property parameters
Bedrooms Number7
Full Baths Number4
Living Area3041
Lot Size5500
Zoning Information3900
Year Built1939
Type of PropertySingle Family Residence
StyleR30-No Pool / No Water
Building NameGARDEN SUB AMD
Development NameGARDEN SUB AMD
Construction TypeCBS Construction
Street DirectionWest
Garage Spaces Number2
Listed withCompass Florida, LLC