1 year on rocket

1395 NW 40th St, Miami, FL, 33142

$797,500

Home List Price

$9,470*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1395 NW 40th St, Miami$797,500

Buyer Closing Credits

$9,470*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air, Electric
MLS #A11338095
StatusActive

About 1395 NW 40th St

Discover this newly built, corner lot duplex in Miami, a prime location minutes from Wynwood, Design District, Miami International Airport, Metro System, and highways. Boasting high rental demand, it features luxury finishes: stainless steel appliances, Spanish porcelain, custom wood cabinets, quartz countertops, and hurricane impact windows. Energy-efficient with central A/C, LED lighting, private entrances, driveways, parking, and RING security. Ideal for investors seeking versatility: live in one unit, rent the other, or explore short-term rental options, or rent both (we have offers up to $2,800/month) to maximizing income potential. A rare, must-see investment opportunity in a sought-after area. Act fast to secure this exclusive property!

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 1

Listing Office:

  • Office Name: Oasis Intl. Realty Group, LLC
  • Office Phone: (305) 677-3274
  • Listing Agent: Luis Osio

Interior Features

Interior Information:

  • Flooring Type: Other, Tile

Virtual/3D Tour

  • Virtual Tour: 1395 NW 40th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Miami Jackson Senior High School, Public Magnet Grades 9-12
  • Allapattah Middle School, Public District Grades 6-8
  • Lenora Braynon Smith Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $797,500

Tax Information:

  • Annual Amount: $1,640
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

1395 NW 40th St vs Miami

455 DAYS ON ROCKET

+399 Days

$797,500

+$251.3K More

KEY TAKEAWAY

This property is $251.3K more than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11338095

Listing Office:

  • Office Name: Oasis Intl. Realty Group, LLC
  • Office Phone: (305) 677-3274
  • Listing Agent: Luis Osio

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 6:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,640$104,135
2018$1,096$52,355
2017$576$41,361

History based on county public records data.

Payment Calculator

$4,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,457

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5515280
5
/10

  • Lenora Braynon Smith Elementary School

  • 4700 NW 12th Ave

  • 0.39 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5515281
2
/10

  • Allapattah Middle School

  • 1331 NW 46th St

  • 0.33 miles

  • Public District Grades 6-8

High School

school-card-donut-5515282
2
/10

  • Miami Jackson Senior High School

  • 1751 NW 36th St

  • 0.38 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,455. The most common annual income of people living in Miami, FL is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33142›1395 NW 40th St

This home is located at 1395 NW 40th St in Miami, FL and zip code 33142 in the Liberty City East neighborhood. This home was built in 2024. It has been listed on Rocket Homes since February 03, 2023 and is currently priced at $797,500.

In April 2024 more than 120 listings in Miami, FL were sold above the asking price. During the same period more than 157 listings were sold at asking price, while more than 608 were sold below. The number of homes for sale in Miami, FL increased by 7.2% between March 2024 and April 2024. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $546,178.

From Rocket Homes Real Estate and based on county public records data.

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