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1519 NW 40th St, Miami FL 33142

Multi-family For Sale
$579,000

BTC: 9.10377358

ETH: 304.31400580

-$16K (2026/06/16)
116 days
0 room(s)
1,959 sqft

Overview

Each unit is a 2bedroom/1 bathroom. This is a great investment opportunity. Updated duplex with washer & dryer for each unit, new floors, new central AC in both units. Front unit currently rented for $1,985/mo. month-to-month. Rear unit is leased for T$2030 per month. Rear unit is rented for $2030. Close to Jackson Memorial Hospital, Miami International Airport, Midtown.

Location

Florida • Miami • 33142 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1972
Lot:
No Data
Heating:
Central
Price/sqft:
$296
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,990
$449K – $975K
Confidence Low
List vs. estimate
$20K below estimate
List $579,000 · -3.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$295
-31.0% vs. city median $428
Based on
31 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $409K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,616
2025
Parking
2 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-23-038-0220

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $7,616

  • Source details

    • MLS ID: A11996417

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1959

    • Subdivision Name: CEDARHURST

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33142
251
median $600K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Multi-family
518
median $975K
Active
Similar price
$405K – $752K
4,017
median $560K
Active

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 ©2026-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: Compass Florida, LLC