$1,900,000
$500K PRICE DROP

836 W 40th St Miami Beach, FL 33140

Bayshore Neighborhood

Estimated payment $11,838/month

Total Views 2,444
-- Bed
-- Bath
3,041 Sq Ft
$625 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • North Beach Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

This prime Miami Beach tri-plex, just off 41st Street, offers an unbeatable location near synagogues, the beach, and Polo Park. What makes this property truly rare is the presence of **two spacious 3-bedroom units**—a rarity in Miami Beach rental properties.

The first building has two units, both with central air. The downstairs unit features a 3-bedroom, 2-bath layout with generous living space, while the upstairs unit offers 3 bedrooms, 1 bath, and the potential to add a second bath to increase value. In the back, a beautifully remodeled stand-alone cottage boasts luxurious gray tile, marble countertops, and high-end finishes.

With a shaded front yard, a spacious backyard for storage or entertaining, and incredible rental income potential, this is a rare find in Miami Beach!

Listing Agent

Shlomo Rafaelov

Hudson Capital Realty LLC License #3426306 Listed on: 04/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,790

Year Built

  • Built in 1939

Parking

  • 2 Parking Spaces

Home Design

  • Triplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,041 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Garden Sub Amd Pl Condos
  • Garden Sub Amd Pl Subdivision

Listing and Financial Details

  • Rent includes gardener, rent incl
  • Assessor Parcel Number 02-32-27-015-0370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,790

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1939
  • Property Sub Type: Triplex
  • Architectural Style: Other
  • Directions: Drive east on 195 and turn right onto garden avenue - Make your first left onto 40th st and the property is on your right.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: GARDEN SUB AMD PL
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 3041
  • Stories: 2

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GARDEN SUB AMD PL
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-27-015-0370
  • Zoning: 3900

Rental Info

  • Rent Includes: Gardener, Other Rent Incl

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18790

Multi Family

  • Number Of Units In Community: 3
  • Total Actual Rent: 102000

Map

Range of Values:

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Average Value
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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
09/02/2025 09/02/25 For Sale $1,900,000 0.0% $625 / Sq Ft
08/21/2025 08/21/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $1,900,000 -20.8% $625 / Sq Ft
04/01/2025 04/01/25 For Sale $2,400,000 -- $789 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11774745

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami Beach 33140 Bayshore

836 W 40th St, Miami Beach, FL

This home is located at 836 W 40th St, Miami Beach, FL 33140 and is currently priced at $1,900,000, approximately $624 per square foot. This property was built in 1939. 836 W 40th St is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach 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.

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Shlomo Rafaelov
Listing Agent
Shlomo Rafaelov
Section Image
Hudson Capital Realty LLC
(786) 692-5985