$650,000

10040 NW 8th Ave Miami, FL 33150

$7,719
Closing credit¹
2,119 sqft
$307 / sqft
Multi-Family

Property details

About 10040 NW 8th Ave

Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month—offering immediate, stable cash flow from day one. The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking. There is one electrical and one water meter, with shared utility costs between tenants. Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only.

Highlights

Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,119 sqft
Year built1949
MLS #A11790039

Virtual tour

Summary

  • Flooring Type: Tile
  • Heating: Central
  • Cooling: Central Air
  • List Price: $650,000
  • Price/SqFt: $306
  • Annual Tax Amount: $9,014
  • Tax Year: 2023
  • Year Built: 1949
  • Stories: 1
  • Living Area: 2,119 SqFt
  • MLS Number: A11790039
  • MLS Name: SEFMIAMI
  • Office Name: PropertyDeco
  • Office Phone: (305) 297-4999
  • Office Email: propertydeco@outlook.com
  • Listing Agent: Ivonne Martinez

IDX © 2025 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: 5/7/2025, 12:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home with covered porch

$650,000

10040 NW 8th Ave

$7,719

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$566,569$9,014
2022$377,720$7,304
2021$288,058$7,304
2020$244,412$5,232
2018$201,525$3,971
2017$176,517$3,615

History based on county public records data.

Nearby schools

5

Van E. Blanton Elementary School

Public District PK-5

0.3 mi

10327 NW 11th Ave

4

Lakeview Elementary School

Public District PK-5

1.0 mi

1290 NW 115th St

5

Hubert O. Sibley K-8 Academy

Public District PK-5

1.1 mi

255 NW 115th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $13,483. Residents of Miami, FL typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

79%
<35k
21%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
30%
Single, with Kids
12%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 10040 NW 8th Ave in Miami, FL and zip code 33150 in the North East Little River neighborhood. This 2,119 square foot home was built in 1949. Features: 0 bathroom. It has been listed on Rocket Homes since May 4, 2025 and is currently priced at $650,000.

Over 63 listings were sold over their listed price in April 2025 in Miami, FL. In the same period over 593 listings were sold below the listed price and 119 listings were sold for the listed price. The inventory of homes for sale in Miami, FL between March and April 2025 increased by 9.2%. While the average time on the market in April 2025 was 73 days, the median list price was $585,104.

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

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