340 NW 40th St Miami, FL 33127
Miami Design District Neighborhood
2
Beds
1
Bath
1,384
Sq Ft
5,000
Sq Ft Lot
Highlights
- No HOA
- Laundry in Utility Room
- 1-Story Property
- Cooling System Mounted To A Wall/Window
- Shed
- No Heating
About This Home
As of March 2025INVESTOR'S DREAM! Located in one of Miami’s most sought-after neighborhoods, this single-family home offers an incredible opportunity for investors or homeowners with a vision. Just minutes from the trendy Midtown and Wynwood Arts District, this property holds vast potential to become a dream home or a profitable investment with some tender loving care. With some creativity and renovation, this home could become a high-value gem in the heart of one of Miami’s most vibrant areas. Whether you're looking to flip, rent, or make it your own, this property is an incredible investment opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $993
Year Built
- Built in 1947
Lot Details
- 5,000 Sq Ft Lot
- Northwest Facing Home
- Property is zoned 0104
Home Design
- Shingle Roof
Interior Spaces
- 1,384 Sq Ft Home
- 1-Story Property
- Electric Range
- Laundry in Utility Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Driveway
- Open Parking
Outdoor Features
- Shed
Schools
- Hartner; Eneida Elementary School
- De Diego; Jose Middle School
- Washington; Brooker T High School
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Septic Tank
Community Details
- No Home Owners Association
- Bay Vista Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-24-002-0440
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $660,000 | +1.5% | $477 / Sq Ft |
| 11/25/2024 11/25/24 | For Sale | $650,000 | -- | $470 / 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 | $995 | $67,027 | -- | -- |
| 2023 | $995 | $65,075 | $0 | $0 |
| 2022 | $982 | $63,180 | $0 | $0 |
| 2021 | $948 | $55,220 | $0 | $0 |
| 2020 | $944 | $54,458 | $0 | $0 |
| 2019 | $937 | $53,234 | $0 | $0 |
| 2018 | $919 | $52,242 | $0 | $0 |
| 2017 | $918 | $51,168 | $0 | $0 |
| 2016 | $926 | $50,116 | $0 | $0 |
| 2015 | $931 | $49,768 | $0 | $0 |
| 2014 | $933 | $49,374 | $0 | $0 |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $660,000 | Blue Marlin Title | |
| Warranty Deed | $660,000 | Blue Marlin Title | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11699358
APN: 01-3124-002-0440
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