NOT LISTED FOR SALE

1620 SW 40th Ave Miami, FL 33134

Granada Neighborhood
8 Beds
4 Baths
3,334 Sq Ft
1959 Built

Last Sold January 15, 2025

Last sale price $2,050,000 $615 Per Sq Ft

134 Days on Market

Highlights

  • No HOA
  • Complete Impact Glass
  • Central Heating and Cooling System
  • Coral Gables Preparatory Academy Rated A-

About This Home

As of January 2025

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.

Last Listed By

OrElvys Sanabria

Coldwell Banker Realty License #3046618 Listed on: 09/03/2024

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,640

Year Built

  • Built in 1959

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,334 Sq Ft Home
  • 2-Story Property

Home Security

  • Complete Impact Glass
  • High Impact Door

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units
  • Anderson Park Condos
  • Anderson Park Subdivision

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 30-41-08-032-0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,640

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Co List Office Mls Id: CBRE11
  • Co List Office Phone: 305-253-2800
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: ANDERSON PARK
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Door Features: High Impact Doors
  • Living Area: 3334
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Complete Impact Glass, Skylight(s)

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot, Regular Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ANDERSON PARK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-41-08-032-0100
  • Zoning: 3100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12640

Multi Family

  • Number Of Units In Community: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $2,050,000 -10.9% $615 / Sq Ft
09/03/2024 09/03/24 For Sale $2,300,000 +103.5% $690 / Sq Ft
02/28/2022 02/28/22 Sold $1,130,000 -5.8% $395 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $1,200,000 -- $419 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • OrElvys Sanabria

    Seller's Agent in 2025

    OrElvys Sanabria

    Coldwell Banker Realty

    (305) 632-5240

    2 in this area

    96 Total Sales

    OrElvys Sanabria
    Section Image
  • Annaby Pozo

    Seller Co-Listing Agent in 2025

    Annaby Pozo

    Coldwell Banker Realty

    (305) 987-8451

    1 in this area

    25 Total Sales

    Annaby Pozo
    Section Image

  • A

    Buyer's Agent in 2025

    Austin Torres

    Coldwell Banker Realty

    (305) 807-1402

    1 in this area

    32 Total Sales

    Austin Torres
    Section Image
  • Lorraine Milan

    Seller's Agent in 2022

    Lorraine Milan

    RE/MAX

    (305) 441-7111

    1 in this area

    10 Total Sales

    Lorraine Milan
    Section Image
  • Omar Gonzalez

    Seller Co-Listing Agent in 2022

    Omar Gonzalez

    RE/MAX

    (786) 580-2551

    1 in this area

    10 Total Sales

    Omar Gonzalez
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11645459

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33134 Granada

1620 SW 40th Ave, Miami, FL

Homes for Sale in Miami, FL

This home is located at 1620 SW 40th Ave, Miami, FL 33134 since 03 September 2024. This property was built in 1959. 1620 SW 40th Ave is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.