340 NW 40th St, Miami, FL 33127

$650,000 Asking Price

2 beds
1 bath
1,384  sqft
Built in 1947

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!

Features & Amenities

Interior

General:
First Floor Entry, Utility Room/Laundry
Appliances:
Electric Range, Refrigerator
Laundry:
Utility Room/Laundry
Flooring:
Other
A/C:
true, Wall/Window Unit(s)
Heating:
false, None

Exterior

General:
Extra Building/Shed
Style:
Detached, One Story
Parking:
Driveway

Construction

Roofing:
Shingle

Location

Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
0104, 23-24 53 41 BAY VISTA PK PB 5-47 LOT 6 BLK 37 LOT SIZE 50.000 X 100 OR 25836-2930/2931 07 2007 4, 01-31-24-002-0440
View:
None

Utilities

Water:
Municipal Water
Sewer:
Septic Tank

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
Dalton Wade Inc, Takasha Flowers

About Miami, FL

Housing

Number of Units
711,975
Median Home Value
$380,974
Median Rent
$1,338

49.94% of housing units are renter occupied.

8.26% are vacant.

Commute

Car
71.69%
Public Transportation
3.80%
Walk to Work
1.60%
Work from Home
21.37%
Other
1.11%

The median travel time to work is 29 minutes.

People

Population
1,830,481
Median Age
41.50
Median Household Size
2.91

Education

High School
24.77%
Associate’s Degree
8.99%
Bachelor’s Degree
21.60%
Graduate Degree
13.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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