836 40th St, Miami Beach, FL 33140

For Sale $1,850,000

Description

Excellent opportunity to live in and receive income with this turnkey multi-family investment in the heart of Miami Beach. With updated interiors, a consistent rental history, and excellent income potential, this property offers strong upside. Just off 41st Street near synagogues, the beach, and Polo Park, it features two spacious 3-bedroom units, a rarity in Miami Beach, each with central air and bright natural light. The lower unit offers a 3-bedroom, 2-bath layout with generous living areas, while the upper unit includes 3 bedrooms and 1 bath with potential to add a second bath for increased value. A remodeled 2-bedroom cottage showcases modern finishes, marble countertops, and gray tile. Shaded front yard and large backyard perfect for gatherings, enjoying coffee outside, or storage.

836 40Th St, Miami Beach, Fl 33140 | Floor Plans

  • Days On Market:
    0
    Listed:
    Oct 22, 2025
  • Size:
    3041 ft2 (283m2)
    Rooms:
    7
  • Bathrooms:
    4
    Baths Half:
    0
  • Terms:
    All Cash, Conventional
    Property Facing:
    Northwest
  • Last Modification:
    1 day ago
     

Property Taxes and Assessment

  • Annual Tax
    $21,686
  • Tax Year
    2024
  • Maintenance Fee
    N/A
  • Association Fee
    N/A
  • Terms
    All Cash, Conventional

Property Features

Facts and features
Appliances
  • Dishwasher
    Electric Range
  • Other Facts
    Heating
  • Central
  • Cooling
  • Central Air
  • Water Source
  • Municipal Water
  • Sewer
  • Public Sewer
  • Amenities
    Community Features
  • None
  • Architectural Style
  • Attached
    Two Story
  • Construction Materials
  • CBS Construction
  • Structure Type
  • R30-No Pool/No Water
    House
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    Courtesy Of:Compass Florida, LLC