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521 SW 40th Ct

Miami, FL 33134

– beds
– baths
2,373 sqft
$379 per sqft
1960 build
– on site

Investor special! This fully rented, non-conforming tri-plex in the heart of Miami brings in $7,300/month in rent, plus an additional $600/month in utility income that covers water and electric—totaling $94,800 annually. The property has been fully remodeled and features a beautifully updated pool and shared backyard, offering a highly desirable setup for tenants and strong rental appeal. Cash flow from day one with potential for long-term growth. Schedule your private showing today—opportunities like this don’t last!

Listing courtesy of GFLR / Keller Williams Realty Consult

Last checked: Checking… • Last updated Apr 16, 2025 •

MLS# F10497835 —

The Building

Year Built:

1960
Year Built Description:

Resale
Unit Count:

3
Construction Type:

Cbs Construction
Style:

Triplex
Roof Description:

Comp Shingle Roof
Exterior Features:

Patio
# of Stories:

1

Interior

Floor Description:

Ceramic Floor

Room Dimensions

SqFt Living Room Area:

2,373 Sqft

Financial & Terms

Rent Includes:

None
Terms Considered:

Cash, Conventional, FHA, VA

The Property

Type of Property:

Triplex
Property Type:

Residential Income
Property Type Information:

Attached
Parcel Number:

01-41-05-055-0030
Lot Description:

Less Than 1/4 Acre Lot
Zoning:

0100
Waterfront Property:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Amount:

$12,014
Tax Information:

Tax Reflects No Exemptions

The Listing

Virtual Tour
Information Available:

None
Auction:

No
Auction Pre:

No

Heating & Cooling

Cooling Description:

Central Cooling
Heating Description:

Central Heat

Utilities

Water Description:

Municipal Water
Sewer Description:

Municipal Sewer
Internet:

Yes
Cable Available:

No
Separate Meter:

No

The Community

Subdivision Name:

FLOYDS GROVES EST 1ST ADD
Subdivision Complex Bldg:

FLOYDS GROVES EST 1ST ADD
Subdivision Number:

55
Gated Community:

No
Pool:

Yes
Pool Description:

Below Ground Pool
Spa:

No

Parking

# Parking Spaces:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/15/25 Apr 15, 2025	Listed / Active	GFLR	$900,000	116.9% (24.5% / YR)
4/3/24 Apr 3, 2024	Listed / Active	GFLR
7/9/20 Jul 9, 2020		MLSM	$415,000	-1.2%

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This multifamily located in Flagami, Miami, FL 33134 is currently for sale for $900,000. 521 SW 40th Ct is a 2,373 square foot multifamily with – beds and – baths that has been on Estately for 1 days. 521 SW 40th Ct is in the Flagami neighborhood of Miami and has a WalkScore® of 75, making it very walkable. This multifamily is in the attendance area of Auburndale Elementary School, Coral Gables Senior High School, Air Base Elementary School, Robert Morgan Educational Center And Technical College, and Kinloch Park Middle School.

Listing Courtesy of: GFLR and Keller Williams Realty Consult.

Based on information from the GFLR 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. GFLR, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GFLR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.