836 W 40th St - Multi-Family FOR SALE


Miami Beach, FL 33140- Bayshore
$2,199,999 USD
214-454-3395
836 W 40th St, Miami Beach, FL for Sale
$2,199,999 USD
Multi-Family - FOR SALE
1/42
null | Request Cap Rate

836 W 40th St
Miami Beach, FL 33140
Bayshore


OVERVIEW

This prime Miami Beach tri-plex, just off 41st Street, offers an unbeatable location near synagogues, the beach, and Polo Park. What makes this property truly rare is the presence of **two spacious 3-bedroom units**—a rarity in Miami Beach rental properties. The first building has two units, both with central air. The downstairs unit features a 3-bedroom, 2-bath layout with generous living space, while the upstairs unit offers 3 bedrooms, 1 bath, and the potential to add a second bath to increase value. In the back, a beautifully remodeled stand-alone cottage boasts luxurious gray tile, marble countertops, and high-end finishes. Gross Monthly rent is $8500/M with ability to raise rents! Perfect time to buy a long term asset in the heart of Miami Beach

FOR SALE DETAILS

PRICE

$2,199,999 USD

PRICE/SF

$723 USD /SF

# OF UNITS

3

PRICE/UNIT

$733,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

836 W 40th St

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,500 SF

ZONING

3900 MULTI-FAMILY

APN/PARCEL ID

02-3227-015-0370

ASK ABOUT THIS PROPERTY

Shlomo RafaelovHudon Capital RealtyMore Info
214-454-3395

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Shlomo RafaelovHudon Capital RealtyMore Info
214-454-3395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.