INCREDIBLE Turnkey investment opportunity in the heart of Miami! This legal duplex functions as a triplex featuring (2) spacious 3-bed / 2-bath units and (1) 1-bed / 1-bath unit. Fully renovated with a 10-year roof, impact windows and doors, new flooring, ki

270 NORTH WEST 40TH CT #3, Miami

$1,050,000 USD
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Address270 NORTH WEST 40TH CT #3, Miami
Building Name12TH ST MANORS SEC 3
Type of PropertyDuplex
Property StyleDuplex
Price$1,050,000
Previous Price$1,150,000 (48 days ago)
Sold on11th February, 2026
Sold Price$1,000,000
Property StatusClosed
MLS NumberA11903290
Living Area2833
Year Built1935
Parking Space Number8
Folio Number01-41-05-010-0432
Gross Rent Income$91,800
Zoning Information5700
Days on Market48

Detailed Description: INCREDIBLE Turnkey investment opportunity in the heart of Miami! This legal duplex functions as a triplex featuring (2) spacious 3-bed / 2-bath units and (1) 1-bed / 1-bath unit. Fully renovated with a 10-year roof, impact windows and doors, new flooring, kitchens, baths, stainless-steel appliances including in-unit washer / dryers, and ample parking. Strong current income with potential for over $7,650 + / month when fully rented. Ideal for investors or owner-occupants seeking income stability and low maintenance. All major systems updated. Centrally located minutes from major highways, Miami International Airport, Coral Gables, and downtown. Excellent short-term or long-term rental potential with a high cap rate. A rare, move-in-ready multifamily gem in a rapidly appreciating neighborhood.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33126
Address270 NORTH WEST 40TH CT
Section10
Zip Code (4 Digits)5746
Financial Information
Price$1,050,000
Price per Foot$0
Previous Price$1,150,000
Sold on11th February, 2026
Sold Price$1,000,000
Folio Number01-41-05-010-0432
Gross Rent Income$91,800
Tax Amount$12,177
Tax Year2025
Terms of SaleCash
Possession InformationFunding
Type of ContingenciesOther
Full Descriptions
Detailed DescriptionINCREDIBLE Turnkey investment opportunity in the heart of Miami! This legal duplex functions as a triplex featuring (2) spacious 3-bed / 2-bath units and (1) 1-bed / 1-bath unit. Fully renovated with a 10-year roof, impact windows and doors, new flooring, kitchens, baths, stainless-steel appliances including in-unit washer / dryers, and ample parking. Strong current income with potential for over $7,650 + / month when fully rented. Ideal for investors or owner-occupants seeking income stability and low maintenance. All major systems updated. Centrally located minutes from major highways, Miami International Airport, Coral Gables, and downtown. Excellent short-term or long-term rental potential with a high cap rate. A rare, move-in-ready multifamily gem in a rapidly appreciating neighborhood.
Roof DescriptionShingle
Floor DescriptionTile, Vinyl, Wood
Cooling DescriptionCentral Air
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area2833
Zoning Information5700
Year Built1935
Type of PropertyDuplex
StyleDuplex
Building Name12TH ST MANORS SEC 3
Development Name12TH ST MANORS SEC 3
Construction TypeCBS Construction
Stories Number2.000
Street DirectionNorth West
Parking Space Number8
Listed withFour Corners Real Estate, LLC.