$575,000
SOLD NOV 27, 2024

2440 SW 3rd St Miami, FL 33135

West Flagler Neighborhood
-- Bed
-- Bath
2,473 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

32% Below List Price

92 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Tile Flooring
  • Heating Available

About This Home

As of November 2024

Prime Miami Duplex – Ideal Investment Opportunity!
Located in the heart of Miami, this beautifully remodeled duplex offers exceptional potential. The first unit features a spacious 3-bedroom, 2-bath layout, perfect for comfortable living. The second unit consists of two 1-bedroom, 1-bath residences, and an efficiency ideal for rental income. Situated across from Miami Senior High and just 3 blocks from vibrant 8th Street, this property is only 20 minutes from the beach and within 15 minutes of highways, Downtown, Brickell, Key Biscayne, restaurants, and shopping centers. Don’t miss this rare opportunity to own a versatile property in a prime location!** Owner lives on one half, tenants on a month-to-month lease paying below market value**

Last Agent to Sell the Property

Tatiana Torres

Zeff Realty LLC, License #3373339

Last Buyer's Agent

Ivette Villalobos

EXP Realty LLC License #3599069

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,582

Year Built

  • Built in 1937

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,473 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Central Park Condos
  • Central Park Subdivision

Listing and Financial Details

  • Rent includes electricity, water
  • Assessor Parcel Number 01-41-03-040-2140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,582

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1937
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: please use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: CENTRAL PARK
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2473
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CENTRAL PARK
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-03-040-2140
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6582

Multi Family

  • Number Of Units In Community: 3

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
11/27/2024 11/27/24 Sold $575,000 -32.4% $233 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $850,000 -- $344 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,582 $321,709 -- --
2023 $6,582 $298,617 $0 $0
2022 $5,697 $270,985 $0 $0
2021 $5,258 $251,944 $0 $0
2020 $4,985 $248,306 $0 $0
2019 $4,691 $236,666 $0 $0
2018 $4,400 $235,497 $0 $0
2017 $4,019 $193,495 $0 $0
2016 $3,816 $181,635 $0 $0
2015 $3,725 $174,810 $0 $0
2014 $3,620 $165,844 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $581,250 New Conventional
Previous Owner $82,500 Credit Line Revolving
Previous Owner $260,000 Fannie Mae Freddie Mac
Previous Owner $192,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $775,000 Affiliated Title Services
Warranty Deed $160,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11640025

MIAMI REALTORS® MLS

APN: 01-4103-040-2140

Florida Miami/Dade County Miami 33135 West Flagler

2440 SW 3rd St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 2440 SW 3rd St, Miami, FL 33135 and is currently priced at $575,000, approximately $232 per square foot. This property was built in 1937. 2440 SW 3rd St is a home located in Miami-Dade County with nearby schools including Shenandoah Elementary School, Shenandoah Middle School, and Miami Senior High School.

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