$697,000

1121 NW 40th St Miami, FL 33127

$8,277
Closing credit¹
1,674 sqft
$416 / sqft
Multi-Family

Property details

About 1121 NW 40th St

Nice triplex in great location close to Highway, Wynwood, Beach, Downtown Miami, and Airport. This is Great rental investment or purchase your primary residence and lease out both back detached units. Property is fully rented and will make you money on day 1 or can be vacant at closing. Equal Housing Opportunity.

Highlights

Home typeTriplex
StatusActive
CoolingWall/Window Unit(s)
Size1,674 sqft
Year built1936
MLS #A11789373

Virtual tour

Summary

  • Flooring Type: Tile
  • Heating: None
  • Cooling: Wall/Window Unit(s)
  • List Price: $697,000
  • Price/SqFt: $416
  • Annual Tax Amount: $5,736
  • Tax Year: 2023
  • Year Built: 1936
  • Stories: 2
  • Living Area: 1,674 SqFt
  • MLS Number: A11789373
  • MLS Name: SEFMIAMI
  • Office Name: Marlin Realty Inc
  • Office Phone: (954) 442-4748
  • Office Email: marlinmort@yahoo.com
  • Listing Agent: David Gutierrez

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: 4/29/2025, 2:20:48 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 facade featuring stucco siding, fence, a chimney, and a shingled roof

$697,000

1121 NW 40th St

$8,277

closing credit¹

Sell your home with Rocket and save even more!

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$374,615$5,736
2022$234,159$4,603
2021$181,554$4,603
2020$154,779$4,114
2018$89,840$3,136
2017$97,894$2,983

History based on county public records data.

Nearby schools

2

Lenora Braynon Smith Elementary School

Public District PK-5

0.4 mi

4700 NW 12th Ave

6

Mater Academy of International Studies

Public Charter KG-5

0.5 mi

795 NW 32nd St

3

Santa Clara Elementary School

Public District PK-5

0.6 mi

1051 NW 29th Ter

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 $50,577. Residents of Miami, FL typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

41%
<35k
34%
35k-100k
23%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

45%
Single, No Kids
23%
Single, with Kids
14%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

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 1121 NW 40th St in Miami, FL and zip code 33127 in the Liberty City East neighborhood. This 1,674 square foot home was built in 1936. Features: 0 bathroom. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $697,000.

While more than 62 listings in Miami, FL in March 2025 were sold above asking price, there were more than 142 listings sold at asking price, and more than 573 were sold below. The number of homes for sale in Miami, FL increased by 13.7% between February and March 2025. The median list price of listings available in March 2025 was $580,300, while the average time on the real estate market was 70 days.

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

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