2440 SW 3rd St Miami, FL 33135
West Flagler Neighborhood
--
Bed
--
Bath
2,473
Sq Ft
7,405
Sq Ft Lot
Highlights
- No HOA
- Central Air
- 1-Story Property
- Tile Flooring
- Heating Available
About This Home
As of November 2024Prime 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
Zeff Realty LLC, License #3373339 Listed on: 08/13/2024
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2024
Closed on
Nov 26, 2024
Sold by
Morales Irma
Bought by
Prats Ramon Gerardo and Rodriguez Monica Pilar
Seller's Agent
Tatiana Torres
Zeff Realty LLC,
Buyer's Agent
Ivette Villalobos
Realty One Group Evolution
List Price
$850,000
Sold Price
$575,000
Premium/Discount to List
-$275,000
-32.35%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.81%
Original Mortgage
$581,250
Outstanding Balance
$577,540
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$119,742
Purchase Details
Closed on
Feb 23, 2000
Sold by
Nunez Alice
Bought by
Morales Irma
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $775,000 | Affiliated Title Services | |
| Warranty Deed | $160,000 | -- |
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Rent | $3,900 | 0.0% | -- |
| 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 Compared to Growth
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
Agents Affiliated with this Home
-
Andres Barboza
Seller's Agent in 2025
Andres Barboza
Florida Realty of Miami
(786) 760-7747
4 Total Sales
-
Tatiana Torres
Seller's Agent in 2024
Tatiana Torres
Zeff Realty LLC,
(786) 260-3185
1 in this area
39 Total Sales
-
Ivette Villalobos
I
Buyer's Agent in 2024
Ivette Villalobos
Realty One Group Evolution
(305) 598-5488
1 in this area
1 Total Sale
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11640025
APN: 01-4103-040-2140
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