Basic Information

  • MLS # F10497835
  • Type Duplex / Quad Plex / Triplex
  • Status Active
  • Subdivision/Complex Floyds Groves Est 1st Add
  • Year Built 1960
  • Total Sqft 2,373
  • Date Listed 04/15/2025
  • Days on Market 9
Description

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!

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool Yes
  • Construction Type Block
  • Parking Description
  • Exterior Features Patio
  • Roof Description Composition, Shingle

Interior Features

  • Adjusted Sqft 2,373Sq.Ft
  • Cooling Description Central Air
  • Floor Description Ceramic Tile
  • Heating Description Central
  • Sqft 2,373 Sq.Ft

Property Features

  • Address 521 S W40th Ct
  • City Miami
  • Community Features Non Gated
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info No
  • Levels One
  • Listing Terms Cash, Conventional, F H A, Va Loan
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Patio And Porch Features Patio
  • Pool Features In Ground, Pool
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Section One
  • Public Survey Township 41
  • Roof Composition, Shingle
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Floyds Groves Est 1st Add
  • Tax Amount $12,014
  • Tax Information 55441 P B69-4 F L O Y D S G R O V E S E S T1 S T A D D N L O T3 B L K7 O R19917-131509/20014
  • Tax Year 2023
  • Terms Considered Cash, Conventional, F H A, Va Loan
  • Type of Property Triplex

521 SW 40th Ct

Miami, FL 33134

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Realty Consult. tel: (954) 688-5400

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