Ariel Vargas
EXP REALTY LLC
(321) 320-9671
484 Total Sales
1 in Flagami
$545,000 Price
270 NW 40th Ct Miami, FL 33126
Flagami NeighborhoodEstimated Value: $1,027,902
5
Beds
3
Baths
2,833
Sq Ft
$363/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Central Heating and Cooling System
- Coral Gables Senior High School Rated A-
About This Home
As of February 2026INCREDIBLE Turnkey investment opportunity in the heart of Miami! This legal duplex functions as a triplex featuring (2) spacious 3-bed/2-bath units and (1) 1-bed/1-bath unit. Fully renovated with a 10-year roof, impact windows and doors, new flooring, kitchens, baths, stainless-steel appliances including in-unit washer/dryers, and ample parking. Strong current income with potential for over $7,650+/month when fully rented. Ideal for investors or owner-occupants seeking income stability and low maintenance. All major systems updated. Centrally located minutes from major highways, Miami International Airport, Coral Gables, and downtown. Excellent short-term or long-term rental potential with a high cap rate. A rare, move-in-ready multifamily gem in a rapidly appreciating neighborhood.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,177
Year Built
- Built in 1935
Parking
- 8 Parking Spaces
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 2,833 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Tile
- Vinyl
Utilities
- Central Heating and Cooling System
- Separate Meters
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0141050100432
Community Details
Overview
- No Home Owners Association
- 3 Units
- 12Th St Manors Sec 3 Subdivision
Building Details
- Gross Income $91,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2026
Closed on
Feb 10, 2026
Sold by
Tobon Diosa Andres Felipe
Bought by
Buyer's Agent
Maredi Arteaga
CLE Realty
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,902
Avg. Annual Appreciation
4.86%
Purchase Details
Closed on
Apr 29, 2024
Sold by
Betancourth Jazmin
Bought by
Diosa Andres Felipe Tobon
Purchase Details
Listed on
Dec 21, 2020
Closed on
Mar 18, 2021
Sold by
Hernandez Jair and The Jair Hernandez Declaration
Bought by
Diosa Andres Felipe Tobon
Buyer's Agent
YURI DIAZ
EXP Realty LLC
List Price
$619,000
Sold Price
$619,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$526,150
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2016
Sold by
Hernandez Jair
Bought by
Hernandez Jair and Jair Hernandez Declaration Of Trust
Purchase Details
Closed on
Jun 5, 2015
Sold by
Hernandez Jair
Bought by
Hernandez Jair
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,300
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2014
Sold by
Hernandez Jair
Bought by
Hernandez Jair
Purchase Details
Closed on
Aug 1, 2005
Sold by
Gonzalez Alberto and Gonzalez Clara E
Bought by
Garcia Jair
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,100
Interest Rate
7.75%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Flagami, FL
-
Ariel Vargas
-
Josue Mendez
Josue Mendez
AB Realty, LLC
(877) 506-1342
23 Total Sales
1 in Flagami
$223,500 Price
-
Melinda Urena
Melinda Urena
One Stop Realty
(305) 912-0769
46 Total Sales
3 in Flagami
$435K - $795K Price Range
-
Eric Farmelant
Eric Farmelant
Compass Florida, LLC
(754) 714-5305
84 Total Sales
4 in Flagami
$520K - $775K Price Range
-
Roy Lemus
Roy Lemus
The Lemus Team, Inc.
(786) 733-6853
57 Total Sales
3 in Flagami
$465K - $855K Price Range
-
Deborah Jacobson
Deborah Jacobson
Sunny International Realty
(877) 835-5913
11 Total Sales
1 in Flagami
$445,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,000,000 | None Listed On Document | ||
| Diosa Andres Felipe Tobon | -- | None Listed On Document | |
| Diosa Andres Felipe Tobon | $464,250 | World Trust Title Llc | |
| Hernandez Jair | -- | Attorney | |
| Hernandez Jair | -- | None Available | |
| Hernandez Jair | -- | Attorney | |
| Garcia Jair | $430,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $526,150 | ||
| Previous Owner | Hernandez Jair | $360,300 | |
| Previous Owner | Garcia Jair | $387,000 | |
| Previous Owner | Garcia Jair | $378,100 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | Pending | -- | -- | -- | |
| 02/10/2026 02/10/26 | Sold | $1,000,000 | -13.0% | $353 / Sq Ft | |
| 01/30/2026 01/30/26 | For Sale | $1,150,000 | +85.8% | $406 / Sq Ft | |
| 03/19/2021 03/19/21 | Sold | $619,000 | 0.0% | $218 / Sq Ft | View Prior Sale |
| 02/22/2021 02/22/21 | Pending | -- | -- | -- | |
| 12/21/2020 12/21/20 | For Sale | $619,000 | -- | $218 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $15,229 | $594,371 | ||
| 2024 | $15,113 | $583,698 | ||
| 2023 | $15,113 | $563,472 | $0 | $0 |
| 2022 | $11,181 | $529,082 | $178,366 | $350,716 |
| 2021 | $8,549 | $348,691 | $131,126 | $217,565 |
| 2020 | $8,487 | $344,962 | $125,828 | $219,134 |
| 2019 | $8,297 | $335,288 | $113,024 | $222,264 |
| 2018 | $8,312 | $353,870 | $128,476 | $225,394 |
| 2017 | $7,629 | $306,328 | $0 | $0 |
| 2016 | $7,300 | $281,988 | $0 | $0 |
| 2015 | $6,840 | $256,353 | $0 | $0 |
| 2014 | $6,699 | $245,130 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Maredi Arteaga
Buyer's Agent in 2026
Maredi Arteaga
CLE Realty
(786) 448-6413
1 in this area
30 Total Sales
-
YURI DIAZ
Buyer's Agent in 2021
YURI DIAZ
EXP Realty LLC
(305) 525-8307
1 in this area
103 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11903290
APN: 01-4105-010-0432
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.
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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