Basic Information

  • MLS # A11645459
  • Type Duplex / Quad Plex / Triplex
  • Status Active Under Contract
  • Subdivision/Complex Anderson Park
  • Year Built 1959
  • Total Sqft 3,334
  • Date Listed 09/03/2024
  • Days on Market 116
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.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Exterior Features Security High Impact Doors
  • Parking Spaces 0
  • Parking Description
  • Roof Description Flat

Interior Features

  • Adjusted Sqft 3,334
  • Cooling Description Central Air
  • Floor Description Laminate
  • Heating Description Central
  • Interior Features Skylights
  • Sqft 3,334

Property Features

  • Address 1620 S W40th Ave
  • Aprox. Lot Size 3,334
  • Architectural Style Fourplex
  • City Miami
  • Construction Materials Block
  • County Miami-Dade
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Description Rectangular Lot, Less Than Quarter Acre
  • Lot Features Rectangular Lot, Less Than Quarter Acre
  • Occupant Type CallAgent
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 30
  • Roof Flat
  • Sewer Description Septic Tank
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Anderson Park
  • Tax Amount $12,640
  • Tax Information ANDERSON PARK PB 18-76 LOT 13 & E25FT LOT 14 BLK 1 LOT SIZE 75.000 X 100 COC 23269-4825 04 2005 1
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Water Source Public
  • Window Features Impact Glass, Skylights
  • Year Built Details Effective Year Built

1620 SW 40th Ave

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: Coldwell Banker Residential Real Estate. tel: 305-253-2800

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