1620 SW 40th Ave
Miami, FL 33134
- – beds
- – baths
- 3,334 sqft
- $614 per sqft
- 1959 build
- – on site
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Exceptional investment opportunity in the highly sought-after Little Gables neighborhood, just minutes from downtown Gables. This stable and reliable four-plex sits on a 7,500 sq ft corner lot and features four 2-bedroom, 1-bath units, each with a 1-year lease at $2,500/month. The property boasts separate electric meters and three split AC units per unit. Residents have access to owned washers and dryers within their individual units. Recent updates include brand-new floors, appliances, bathrooms, impact windows and doors throughout, and more—tenting in June 2021 and 40-year recertification in 2022. The electrical system was upgraded to circuit breakers in 2016, and the roof was resealed in 2014. Please check broker remarks for more information.
Listing courtesy of MLSM / Coldwell Banker Realty
Last checked:
Checking…
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Last updated Jan 16, 2025
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MLS# A11645459 —
The Building
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Year Built:1959
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Year Built Details:Effective Year Built
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Construction Materials:Block
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Architectural Style:Fourplex
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Stories:2
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Levels:Two
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Roof:Flat
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Exterior Features:SecurityHighImpactDoors
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Window Features:ImpactGlass, Skylights
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Building Area Total:3334.0
Interior
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Interior Features:Skylights
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Flooring:Laminate
Room Dimensions
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Living Area:3334.0
Financial & Terms
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Buyer Financing:Conventional
The Property
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Parcel Number:30 41 08 032 0100
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:3100
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Lot Features:RectangularLot,LessThanQuarterAcre
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (786) 310-4006
- Office phone:
- (305) 253-2800
Taxes
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Tax Year:2023
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Tax Annual Amount:$12,640
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Tax Legal Description:ANDERSON PARK PB 18-76 LOT 13 & E25FT LOT 14 BLK 1 LOT SIZE 75.000 X 100 COC 23269-4825 04 2005 1
The Listing
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:SepticTank
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Water Source:Public
The Community
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Subdivision Name:Anderson Park
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Pool Features:None
Parking
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Parking Total:4.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/15/25
Jan 15, 2025
|
Sold | MLSM | $2,050,000 | -10.9% |
12/3/24
Dec 3, 2024
|
Sold Subject To Contingencies | MLSM | $2,300,000 | 103.5% (37.5% / YR) |
2/28/22
Feb 28, 2022
|
MLSM | $1,130,000 |