Home » Miami » 50 NW 40th Ct, Miami, FL 33126 | A11596555

50 NW 40th Ct, Miami, FL 33126 | For Sale

$520,000
Price has decreased by $130,000

Property Highlights

Listing ID A11596555 Status of this Listing: Pending (An offer has been accepted) For Sale Property Type Residential Income (Multifamily 2-4) Duplex Living Space 1,208 Sqft/112.23 m2 approx. Building Area 1,243 Sqft/115.48 m2 approx. Year Built 1947 Time of this property on Rebonus 115 Day(s)
4 Photos of this Property

50 NW 40th Ct, Miami, FL 33126

Property Description: Nestled in a sought-after neighborhood, this duplex offers a unique opportunity for investors or homeowners looking for a property with potential. While it may need a bit of sprucing up, the location alone is worth the investment. Situated in a desirable area, this duplex is close to local amenities, public transportation. With some TLC, this property can be transformed into a modern haven. It’s an ideal canvas for those who enjoy personalizing their living space and increase the cash flow. This duplex is a gem waiting to be polished. DO NO DISTURB TENANTS, SEND PROOF OF FUNDS FOR SHOWINGS 1B/1B each unit, one side rented at $ 1900 Section 8.

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$550,000
Original List Price:$650,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Levels:One
Construction Materials:
  • Other
Flooring:
  • Other
Stories:1

Property Features

Waterfront:No
Roof:
  • Other
Air Conditioning System:
  • Other
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$7,992

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:12TH ST MANORS SEC 3
Senior Community:No

Parking

Parking Total Spaces:2
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax Information: Tax Reflects City & County Tax
Flood Zone : X
Type of Association: None
Style: Duplex
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 10

Zoning and Legal

Tax Legal Description:12TH ST MANORS SEC 3 PB 6-162 LOT 15 BLK 4 LOT SIZE 50.000 X 105 OR 17812-3559 0997 1
Real Estate Folio Number (Parcel Number):01-41-05-010-0631
Zoning Description:5700
Public Survey Township:1
Public Survey Range:41
Public Survey Section:5

Listing History

Update/EventDate/Days
Published Date:May 29, 2024 9:14 pm
On Market Date:April 20, 2024
Price Change Date Time:September 13, 2024 1:05 pm
Last Important Update Description:Pending (An offer has been accepted)
Date and Time of Last Important Update:September 21, 2024 1:44 pm
Status Last Changed:September 21, 2024 1:44 pm
Photos Last Modified:July 16, 2024 1:20 am
Last Modified:September 21, 2024 5:44 pm
Days on the Market Reference Date:September 21, 2024
Days on the Market (updated on Last Modified*):154
Cumulative Days on the Market (updated on Last Modified**):154

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos Count:4
Area:41
Ref ID:1075887157
Courtesy of:Signature Miami Real Estate LLC
Universal Property Id:US-12025-N-0141050100631-R-N

Location

Show Property Address:Yes
Street Name:40th Ct
Street Number:50
Street Direction Prefix:NW
Street Address:50 NW 40th Ct
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade
Full Address:50 NW 40th Ct, Miami, FL 33126
Latitude:N25° 46' 21.7''
Longitude:W81° 44' 15.9''

Neighborhood

Postal City:Miami

Property Map