Cedarhurst

1519 NW 40th Street, Miami FL 33142

1,959 ft²

Closed

$275,000

Est. Payment $1,464/mo

MLS Sheet Video

1,959

Sq. Ft.

1972

Year Built

Stories

Days on Market

Description

9.6% CAP RATE!!! Each unit is 2/1. This is a great investment opportunity with a solid ROI. Remodeled duplex with washer & dryer for each unit, new floors, new central AC in both units. Front unit currently rented for $1,100/mo. month-to-month. Tenant can stay or go with 30 days notice. Market rent is closer to $1,500/$1,600. Close to Jackson Memorial Hospital, Miami International Airport, Midtown.

Facts

MLS#: F10211933
Subdivision: Cedarhurst
Property Type: Residential Income
Property Sub Type: Duplex
Year Built: 1972
Lot Size: 0 sqft
Sq. Ft.: 1,959 ft²
Sq. Mt.: 182 m²
Price per sq. ft.: $140/ft²
Price per sq. mt.: $1,511/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 1 day
Listed: Jan 15, 2020
Last Updated: Aug 11, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

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

Sellers market

August 2026

100/100

Buyers marketSellers market

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).

8/11/2026	Sold	$275,000
1/15/2020	Listed for sale	$275,000

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

Location

1519 NW 40th Street, Miami FL 33142Directions

Estimated Monthly Payment

$1,843/mo

Principal & Interest

$1,464

Property Tax

$229

Insurance

$150

HOA

Down Payment20% ($55,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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