PRINCESS PARK

145 NW 40 St, Miami FL 33127

5 beds · 4 baths · 1,986 ft²

For Sale · Active Listing

$6,500

Est. Payment $35/mo

MLS Sheet Video

5

Bedrooms

4

Bathrooms

1,986

Sq. Ft.

1948

Year Built

1

Garage

1

Stories

0

Days on Market

Description

Experience luxury living in the heart of Miami at Design House, a meticulously furnished and professionally designed residence just one block from the world-renowned Miami Design District. This exceptional home combines modern elegance with comfort, featuring a chef-inspired kitchen with a built-in refrigerator, oversized island, custom cabinetry, hardwood floors, new plumbing, electrical, A/C, and a new roof. Impact-resistant windows and doors, electric blinds throughout, and a security system with cameras and an automatic gated entrance provide both convenience and peace of mind. Step outside to your private outdoor oasis featuring a Jacuzzi spa, designer BBQ island with gas burners, built-in dining table, and covered carport—perfect for entertaining or relaxing year-round. A dedicated laundry room includes a full-size washer and dryer. The main residence offers 3 spacious bedrooms and 3.5 bathrooms, while the detached guest casita features 2 bedrooms, 1 bathroom, and a full kitchen—ideal for extended family, guests, or a private home office. Located just steps from Miami's finest luxury boutiques, award-winning restaurants, art galleries, and cafés, and within walking distance to Wynwood and Midtown, this home offers an unmatched blend of luxury, privacy, and convenience in one of Miami's most sought-after neighborhoods.

Facts

MLS#
A12049925
Subdivision
PRINCESS PARK
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
1948
Lot Size
5,000 ft²
Sq. Ft.
1,986 ft²
Sq. Mt.
185 m²
Price per sq. ft.
$3/ft²
Price per sq. mt.
$35/m²
Stories
1
Garage
1 spaces
Pool
Days on Market
Listed
Jul 8, 2026
Last Updated
Jul 8, 2026
Price/Lot Sq.Ft.
$1/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

41

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/8/2026Listed for sale$6,500

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

145 NW 40 St, Miami FL 33127Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$21,667

gross income / month to qualify

Monthly rent$6,500
Required annual income$260,000
Security deposit (est.)$6,500
Move-in cost (1st + last + security)$19,500

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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