For sale

Price cut: $16K (6/16)

$579,000

1519 NW 40th St, Miami, FL 33142

4beds

2baths

1,959sqft

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Duplex

Built in 1972

-- sqft lot

$571,200 Zestimate^®

$296/sqft

$-- HOA

What's special

New floors

Each unit is a 2bedroom/1 bathroom. This is a great investment opportunity. Updated duplex with washer & dryer for each unit, new floors, new central AC in both units. Front unit currently rented for $1,985/mo. month-to-month. Rear unit is leased for T$2030 per month. Rear unit is rented for $2030. Close to Jackson Memorial Hospital, Miami International Airport, Midtown.

94 days

487

36

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Central

Cooling

Central Air

Features

Flooring: Tile

Interior area

Total structure area: 2,059
Total interior livable area: 1,959 sqft

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Property

Parking

Total spaces: 2

Features

Stories: 1

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0131230380220
Zoning: 5700

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

CBS Construction
Roof: Curved/S-Tile Roof

Condition

Year built: 1972

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Cedarhurst

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $296/sqft
Tax assessed value: $358,935
Annual tax amount: $7,616
Date on market: 4/7/2026
Listing terms: All Cash,Conventional

Estimated market value

$571,200

$543,000 - $600,000

$3,383/mo

Price history

Date	Event	Price
6/16/2026	Price change	$579,000-2.7%$296/sqft
Source: MIAMI #A11996417 Report a problem
4/7/2026	Listed for sale	$595,000+116.4%$304/sqft
Source: MIAMI #A11996417 Report a problem
2/12/2020	Sold	$275,000$140/sqft
Source: BeachesMLS #F10211933 Report a problem
1/16/2020	Pending sale	$275,000$140/sqft
Source: RE/MAX Park Creek Realty Inc #F10211933 Report a problem
1/16/2020	Listed for sale	$275,000$140/sqft
Source: RE/MAX Park Creek Realty Inc #F10211933 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,934 +2.9%	$358,935 +9.5%
2024	$7,709 +7.4%	$327,923 +10%
2023	$7,179 +8.8%	$298,112 +10.6%
2022	$6,600 +10.6%	$269,481 +10%
2021	$5,965 +82.8%	$244,983 +161.6%
2020	$3,263 +8.3%	$93,651 +10%
2019	$3,013 +11.8%	$85,138 +10%
2018	$2,696	$77,399 +10%
2017	$2,696 +7.1%	$70,363 +10%
2016	$2,516 +17.8%	$63,967 +10%
2015	$2,136 +5.2%	$58,152 +10%
2014	$2,030 +3.5%	$52,866 +10%
2013	$1,961	$48,060 -9.6%
2012	$1,961 -8.9%	$53,163 -13.2%
2011	$2,153 -29.7%	$61,238 -35.6%
2010	$3,063 -42.3%	$95,120 -52.2%
2009	$5,307 -4.5%	$199,074 -10.1%
2007	$5,555 +27.9%	$221,375
2006	$4,342	--
2005	$4,342 +8.1%	--
2004	$4,015 +21.3%	--
2003	$3,311 +15.8%	--
2002	$2,860	--
2001	$2,860	--

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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