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$944,900
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Property Description
Brand new construction duplex (with detached storage currently retrofitted as a studio, making it function as a triplex) in the heart of Allapattah, minutes from Wynwood, Midtown, and the Design District. This income-producing property features two spacious 3-bedroom, 2-bathroom units in the main building, plus a detached structure with its own electric and water meters, offering excellent potential as a third unit for additional rental income. Ideal for investors or owner-occupants looking to live in one unit and rent the other units. Modern construction throughout with new systems, new roof, impact windows, and contemporary finishes. Property is turnkey and ready to rent immediately. Excellent location near major highways, Downtown Miami, and Miami International Airport, in one of Miami's fastest-growing neighborhoods. A rare opportunity to own a flexible multi-unit property with strong cash-flow potential in a prime location
Full Property Details
Full Property Details for 1411 NW 40th St
General
- Price: $944,900
- Taxes: $4,873 (2025)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11952782
- Updated: 1/26/2026
- Added to Site: 10 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Tile
Parking
- Total Spaces: 4
Location
- Area: Cordova Park
- County: Miami-Dade County
- Subdivision: CORDOVA PARK
- Building Name: CORDOVA PARK
Community
- Community Name: Cordova Park
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 2700
- Square Feet: 2,200
- Living Area: 2,200 Sq. Ft.
- Year Built: 2006
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $429.5
- Tax Amount: $4,873
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: CORDOVA PARK PB 7-92 LOT 11 BLK 5 LOT SIZE 55.000 X 100
- Property ID: 01-31-23-034-0950
Listed by Genstone Realty
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Schools
Schools serving 1411 NW 40th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Lenora Braynon Smith Elementary School 4700 Northwest 12th Avenue, Miami, FL 33127 | PK-5 | 0.4 mi |
Georgia Jones Ayers Middle School 1331 Northwest 46th Street, Miami, FL 33142 | 6-8 | 0.4 mi |
Miami Jackson Senior High School 1751 Northwest 36th Street, Miami, FL 33142 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1411 NW 40th St
Date
Details
Price
Change
Source
1/26/2026
Listed
$944,900
372.45%
MLS
4/30/2024
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1411 NW 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,077
-21%
$360,893
16%
2023
$6,432
1289%
$312,334
766%
2021
$463
-92%
$36,085
-85%
2022
$5,478
1083%
$247,281
595%
2021
$463
2%
$35,587
2%
2019
$454
2%
$34,787
2%
2018
$445
1%
$34,139
2%
2017
$442
1%
$33,437
2%
2016
$439
—
$32,750
1%
2015
$440
—
$32,523
1%
2014
$440
1%
$32,265
1%
2013
$436
—
$31,789
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1411 NW 40th St
1411 NW 40th St, Miami, FL 33142 (MLS# A11952782) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1411 NW 40th St is currently listed for $944,900 and was received on January 26, 2026. Want to learn more about 1411 NW 40th St? Do you have questions about finding other Triplex real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

