$1,900,000

836 W 40th St Miami Beach, FL 33140

$10,000
Closing credit¹
3,041 sqft
$625 / sqft
Multi-Family

Property details

About 836 W 40th St

This prime Miami Beach tri-plex, just off 41st Street, offers an unbeatable location near synagogues, the beach, and Polo Park. What makes this property truly rare is the presence of **two spacious 3-bedroom units**—a rarity in Miami Beach rental properties. The first building has two units, both with central air. The downstairs unit features a 3-bedroom, 2-bath layout with generous living space, while the upstairs unit offers 3 bedrooms, 1 bath, and the potential to add a second bath to increase value. In the back, a beautifully remodeled stand-alone cottage boasts luxurious gray tile, marble countertops, and high-end finishes. With a shaded front yard, a spacious backyard for storage or entertaining, and incredible rental income potential, this is a rare find in Miami Beach!

Highlights

Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s), Wall/Window Unit(s)
Size3,041 sqft
Year built1939
MLS #A11774745

Virtual tour

Summary

  • Flooring Type: Laminate, Tile
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • List Price: $1,900,000
  • Price/SqFt: $624
  • Annual Tax Amount: $16,124
  • Tax Year: 2023
  • Directions: Drive east on 195 and turn right onto garden avenue - Make your first left onto 40th st and the property is on your right.
  • Year Built: 1939
  • Stories: 2
  • Living Area: 3,041 SqFt
  • MLS Number: A11774745
  • MLS Name: SEFMIAMI
  • Office Name: Hudson Capital Realty LLC
  • Office Phone: (305) 672-2323
  • Listing Agent: Shlomo Rafaelov LLC

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: 6/2/2025, 11:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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836 W 40th St, Miami Beach, FL 33140 - view of front of property with a front yard and stucco siding

$1,900,000

836 W 40th St

$10,000

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$985,000$16,124
2022$875,000$13,340
2021$875,000$15,226
2020$765,000$16,482
2018$765,000$14,385
2017$765,000$14,567

History based on county public records data.

Nearby schools

10

North Beach Elementary School

Public District PK-5

0.2 mi

4100 Prairie Ave

6

Fienberg/Fisher K-8 Center

Public District PK-5

1.9 mi

1420 Washington Ave

3

Treasure Island Elementary School

Public District PK-5

2.5 mi

7540 E Treasure Dr

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 $56,389. Residents of Miami Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

31%
<35k
35%
35k-100k
20%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
9%
Single, with Kids
19%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Live TheatreLive Theatre
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • ToyotaToyota
  • MercedesMercedes
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • JazzJazz
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 836 W 40th St in Miami Beach, FL and zip code 33140 in the Bayshore neighborhood. This 3,041 square foot home was built in 1939. Features: 0 bathroom. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $1,900,000.

Miami Beach, FL housing market in May 2025 saw over 4 listings sold above listed price, more than 8 sold at listed price and over 125 sold below. The number of listings in Miami Beach, FL increased by 6.6% between April and May 2025. Listings spent 124 days on the market in May 2025, and had a median list price of $690,337 during the same period.

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

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