1620 SW 40th Ave

Miami,FL 33134

$ 2300000

- Bed

0 Bath

3334 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,334 sqft

Price per Sqft $689

Subdivision Anderson Park

MLS Listing ID A11645459

Style Fourplex

Construction Status Effective Year Built

HOA Y/N No

Year Built 1959

Annual Tax Amount $12,640

Tax Year 2023

Contingent Pending Inspections

Property Description

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.

Location

State FL

County Miami-dade

Community Anderson Park

Area 41

Interior

Interior Features Skylights

Heating Central

Cooling Central Air

Flooring Laminate

Window Features Impact Glass,Skylight(s)

Exterior

Exterior Feature Security/High Impact Doors

Pool None

Utilities Available Cable Available

Roof Type Flat

Total Parking Spaces 4

Building

Lot Description Rectangular Lot,< 1/4 Acre

Story 2

Sewer Septic Tank

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 30-41-08-032-0100

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Listed As-Is

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