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$760,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 hours ago
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Exceptional income-producing opportunity on an oversized corner lot in a highly desirable location. This property is larger than reflected on the tax roll and offers immediate cash flow, making it an ideal investment for savvy buyers. Positioned near the new Miami MLS stadium and Coral Gables, the property benefits from strong rental demand and consistent income potential. A true investor's dream with proven rental performance-don't miss this chance to secure a high-yield asset in a rapidly growing area. Contact listing agent for additional details and financials.

Full Property Details for 450 NW 40th Ct

General

  • Price: $760,000
  • Taxes: $12,181 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12019766
  • Updated: 5/27/2026
  • Added to Site: 12 day(s) ago

Rental Information

  • Rent Includes: Gas, Hot Water, Sewer, Trash Collection, Water

Interior

  • Flooring: Tile

Parking

  • Total Spaces: 9

Location

  • Area: Durham Terrace
  • County: Miami-Dade County
  • Subdivision: DURHAM TERRACE
  • Building Name: DURHAM TERRACE

Community

  • Community Name: Durham Terrace
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Other
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Barrel Roof
  • Stories/Levels: 1
  • Building Size: 2116
  • Square Feet: 1,996
  • Living Area: 1,996 Sq. Ft.
  • Year Built: 1947

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 100

Financial Considerations

  • Price Per Sq. Ft.: $380.76
  • Tax Amount: $12,181
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Deposit Held
  • Legal Description: DURHAM TERR PB 44-55 LOT 1 BLK 9 OR 18886-1302 1199 1
  • Property ID: 01-41-05-008-1260

Listed by Lifestyle International Realty

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Listing agent

— 450 NW 40th Ct —

  • Lifestyle International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 450 NW 40th Ct

School District:Dade County School District
NameGradesDistance
Kinloch Park Elementary School
4275 Northwest 1st Street, Miami, FL 33126
PK-50.3 mi
Kinloch Park Middle School
4340 Northwest 3rd Street, Miami, FL 33126
6-80.3 mi
Coral Gables Senior High School
450 Bird Road, Coral Gables, FL 33146
9-123 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 450 NW 40th Ct Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/15/2026
Listed
$760,000
-1.3%
MLS
8/16/2024
Sold
$770,000
—
Public Record
Get Price Alerts and Save Property
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 for 450 NW 40th Ct

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,778
—
$571,403
182%
2024
$3,778
1%
$202,436
3%
2023
$3,734
-1%
$196,540
6%
2021
$3,788
—
$185,259
-3%
2022
$3,807
1%
$190,816
4%
2021
$3,788
3%
$182,702
2%
2019
$3,662
19%
$178,595
16%
2018
$3,077
1%
$153,579
2%
2017
$3,041
—
$150,421
2%
2016
$3,045
-1%
$147,328
1%
2015
$3,069
-1%
$146,304
1%
2014
$3,094
2%
$145,143
1%
2013
$3,043
—
$142,999
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Lifestyle International Realty

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450 NW 40th Ct, Miami, FL 33126 (MLS# A12019766) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 450 NW 40th Ct is currently listed for $760,000 and was received on May 15, 2026. Want to learn more about 450 NW 40th Ct? Do you have questions about finding other Multi-Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

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