836 W 40th St - Apartments FOR SALE


Miami Beach, FL 33140- Bayshore
$1,850,000 USD
305-632-8803
836 W 40th St, Miami Beach, FL for Sale
$1,850,000 USD
Apartments - FOR SALE
1/41
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836 W 40th St
Miami Beach, FL 33140
Bayshore


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$608 USD /SF

# OF UNITS

3

PRICE/UNIT

$616,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

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

Mendel FelligCompass CommercialMore Info
305-632-8803

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Mendel FelligCompass CommercialMore Info
305-632-8803

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