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: Sep 10, 2026
Price/Lot Sq.Ft.: —

Comparable homes

Same ZIP, similar price + bedrooms.

SOLD

$280,000

— bd · 0 ba · 1,512 sqft

2371 NW 61st Street, Miami FL 33142

SOLD

$270,000

— bd · 0 ba · 1,374 sqft

5300 NW 33rd Avenue, Miami FL 33142

SOLD

$284,900

— bd · 0 ba · 1,681 sqft

4521 NW 14th Avenue, Miami FL 33142

SOLD

$310,000

— bd · 0 ba · 1,560 sqft

1800 NW 53rd Street, Miami FL 33142

$220,000

1 bd · 1 ba · 1,201 sqft

1531 NW 59th St, Miami FL 33142

Market insights for Miami

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

Sellers market

October 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).

9/10/2026	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

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.

Updated within 24 hours