1519 NW 40th Street, Miami, FL 33142

$565,000
Property Type: Residential Income Square Footage: 2,059 Status: Active
Current Price: $565,000 List Date: 6/11/2026 Last Modified: 9/09/2026

Overview

Description

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.

Listing Details MLS# A11996417

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2059
Living Area Main
1959
Adjusted Area Main
1984
Year Built
1972
Parking Total
2
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: None Flooring: Tile Property Condition: Resale Structure Type: Duplex Construction Materials: CBS Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Negotiable Roof: Spanish Tile Sewer: Public Sewer Special Information: Corporate Owned Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: No Sign Unit 1 Parking Features: On Street Unit 2 Parking Features: On Street

Contract Information

Comp Sale YN
No
Original List Price
595000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1519
Street Direction Prefix
NW
Street Name
40th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33142
Postal Code +4
4840
Postal Zip
33142
Subdivision Name
CEDARHURST
Area
2310
Elementary School
Kelsey L. Pharr
Middle Or Junior School
Georgia Jones-Ayers
High School
Miami Jackson
Parcel Number
0131230380220
Subdivision Number
38
Zoning
5700
Flood Zone
X

Financial Information

Tax Annual Amount
7616
Tax Year
2025
Tax Legal Description
23 53 41 CEDARHURST PB 11-18 LOT 22 LOT SIZE 50.060 X 100 OR 9977 1827&1828 0378 1

Status Change Information

Major Change Timestamp
2026-08-11T20:59:42Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-11T20:59:42Z
Status Change Date
2026-06-10

More Information

Income and Expenses

Gross Income
4130

Unit 1 Details

Actual Rent
2100
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
980

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
2030
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
980

Unit 2 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
288.41

Section Details

Parcel Number MLX
0220

Originating Details

Originating System Key
451099111
Originating System ID
M00000151
IDX
Listing Office: Compass Florida, LLC
Last Updated: September - 09 - 2026
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