Exceptional investment opportunity in the highly sought-after Little Gables neighborhood, just minutes from downtown Gables. This stable and reliable four-plex sits on a 7,500 sq ft corner lot and features four 2-bedroom, 1-bath units, each with a 1-year lease at $2,500/month. The property boasts separate electric meters and three split AC units per unit. Residents have access to owned washers and dryers within their individual units. Recent updates include brand-new floors, appliances, bathrooms, impact windows and doors throughout, and more—tenting in June 2021 and 40-year recertification in 2022. The electrical system was upgraded to circuit breakers in 2016, and the roof was resealed in 2014. Please check broker remarks for more information.
Sold for $2,050,000
$2,050,000
1620 SW 40th Ave, Miami, FL 33134
8beds
4baths
3,334sqft
Quadruplex
Built in 1959
-- sqft lot
$1,989,700 Zestimate®
$615/sqft
$2,173 Estimated rent
Home value
$1,989,700
$1.73M - $2.29M
$2,173/mo
Zestimate® history
Owner options
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$2,173/mo
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$2,173/mo
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$14,029/mo
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Owned washers and dryersCorner lotBrand-new floorsImpact windows and doors
Zillow last checked:
Listing updated:
Listed by:
Orelvys Sanabria 786-310-4006,
Coldwell Banker Realty,
Annaby Pozo 786-352-8232,
Coldwell Banker Realty
Bought with:
Austin Torres, 3409669
Coldwell Banker Realty
Source: MIAMI,MLS#: A11645459
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Features
- Stairs
- Doors: High Impact Doors
- Windows: Complete Impact Glass, Skylight(s)
Interior area
- Total structure area: 3,334
- Total interior livable area: 3,334 sqft
Property
Parking
- Total spaces: 4
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot, Regular Lot
Details
- Parcel number: 3041080320100
- Zoning: 3100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Flat Roof With Facade Front
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Septic Tank
- Water: Municipal Water
Community & neighborhood
Location
- Region: Miami
- Subdivision: Anderson Park
Other
Other facts
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2025 | Sold | $2,050,000-10.9%$615/sqft |
Source:  MIAMI #A11645459 Report a problem | ||
| 12/3/2024 | Contingent | $2,300,000$690/sqft |
Source: MIAMI #A11645459 Report a problem | ||
| 9/3/2024 | Listed for sale | $2,300,000+158.4%$690/sqft |
Source: MIAMI #A11645459 Report a problem | ||
| 5/18/2022 | Sold | $890,000-21.2%$267/sqft |
Source: Public Record Report a problem | ||
| 2/28/2022 | Sold | $1,130,000-5.8%$339/sqft |
Source: MIAMI #A11149232 Report a problem | ||
| 1/24/2022 | Pending sale | $1,200,000$360/sqft |
Source:  RE/MAX International #A11149232 Report a problem | ||
| 1/24/2022 | Contingent | $1,200,000$360/sqft |
Source: MIAMI #A11149232 Report a problem | ||
| 1/21/2022 | Listed for sale | $1,200,000+53.8%$360/sqft |
Source: MIAMI #A11149232 Report a problem | ||
| 5/27/2014 | Sold | $780,000+29.7%$234/sqft |
Source: Public Record Report a problem | ||
| 4/14/2005 | Sold | $601,400+85%$180/sqft |
Source: Public Record Report a problem | ||
| 11/14/2001 | Sold | $325,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,904 +4.1% | $811,781 +7.6% |
| 2024 | $14,319 +13.3% | $754,648 +10% |
| 2023 | $12,640 +31.3% | $686,044 +33.6% |
| 2022 | $9,629 +2.1% | $513,337 +4.9% |
| 2021 | $9,434 -0.3% | $489,536 |
| 2020 | $9,459 +1.3% | $489,536 +1.6% |
| 2019 | $9,342 +2.7% | $481,603 |
| 2018 | $9,098 | $481,603 -0.6% |
| 2017 | $9,098 -1.8% | $484,632 +4.3% |
| 2016 | $9,266 -2.9% | $464,439 -3.6% |
| 2015 | $9,538 +49.3% | $481,957 +61.2% |
| 2014 | $6,390 -0.5% | $298,918 +10% |
| 2013 | $6,423 | $271,744 -11.5% |
| 2012 | $6,423 -11.4% | $306,896 -11.6% |
| 2011 | $7,251 -8.1% | $347,177 -0.6% |
| 2010 | $7,890 -4.1% | $349,437 -11.8% |
| 2009 | $8,230 -15.7% | $396,391 -18.4% |
| 2007 | $9,768 +2.9% | $485,994 |
| 2006 | $9,493 | -- |
| 2005 | $9,493 +23.3% | -- |
| 2004 | $7,700 +38.6% | -- |
| 2003 | $5,557 +22.7% | -- |
| 2002 | $4,530 | -- |
| 2001 | $4,530 | -- |
Find assessor info on the county website
Neighborhood: 33134
Nearby schools
GreatSchools rating
- 10/10Coral Gables Preparatory AcademyGrades: PK-8Distance: 0.3 mi
- 5/10Coral Gables Senior High SchoolGrades: PK,9-12Distance: 1.7 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 2.8 mi
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Estimated market value
$1,989,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,989,700
- Florida
- Miami-Dade County
- Miami
- 33134
- 1620 SW 40th Ave
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