$7,719

closing credit¹

340 NW 40th St Miami, FL 33127

$650,000
2 beds
1 full
1,384 sqft
$470 / sqft
House

Property details

About 340 NW 40th St

INVESTOR'S DREAM! Located in one of Miami’s most sought-after neighborhoods, this single-family home offers an incredible opportunity for investors or homeowners with a vision. Just minutes from the trendy Midtown and Wynwood Arts District, this property holds vast potential to become a dream home or a profitable investment with some tender loving care. With some creativity and renovation, this home could become a high-value gem in the heart of one of Miami’s most vibrant areas. Whether you're looking to flip, rent, or make it your own, this property is an incredible investment opportunity!

Highlights

Home typeSingle Family Residence
StatusAccepting Backup Offers
(Active Under Contract)
CoolingWall/Window Unit(s)
Size1,384 sqft
Year built1947
ParkingDriveway
MLS #A11699358

Virtual tour

Summary

  • MLS Number: A11699358
  • MLS Name: SEFMIAMI
  • Office Name: Dalton Wade Inc
  • Office Phone: (888) 668-8283
  • Office Email: phil@daltonwade.com
  • Listing Agent: Takasha Flowers

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: 1/30/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of home

$650,000

340 NW 40th St

$7,719

closing credit¹

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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$65,075$994
2022$63,180$982
2021$55,220$982
2020$54,458$947
2018$52,242$918
2017$51,168$917

History based on county public records data.

Nearby schools

7

Shadowlawn Elementary School

Public District PK-5

0.6 mi

149 NW 49th St

4

Eneida Massas Hartner Elementary School

Public District PK-5

0.6 mi

401 NW 29th St

7

Mater Academy of International Studies

Public Charter KG-5

0.6 mi

795 NW 32nd 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 $31,689. Most Miami, FL residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

58%
<35k
35%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
23%
Single, with Kids
16%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

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

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Frequently asked questions

About 340 NW 40th St

This home is located at 340 NW 40th St in Miami, FL and zip code 33127 in the Buena Vista neighborhood. This 1,384 square foot home was built in 1947. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $650,000.

While more than 42 listings in Miami, FL in December 2024 were sold above asking price, there were more than 95 listings sold at asking price, and more than 562 were sold below. In December 2024 in Miami, FL there were 6.9% more homes for sale than in November. Listings spent 68 days on the market in December 2024, and had a median list price of $570,654 during the same period.

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

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