Excellent opportunity to live in and receive income with this turnkey multi-family investment in the heart of Miami Beach. With updated interiors, a consistent rental history, and excellent income potential, this property offers strong upside. Just off 41st Street near synagogues, the beach, and Polo Park, it features two spacious 3-bedroom units, a rarity in Miami Beach, each with central air and bright natural light. The lower unit offers a 3-bedroom, 2-bath layout with generous living areas, while the upper unit includes 3 bedrooms and 1 bath with potential to add a second bath for increased value. A remodeled 2-bedroom cottage showcases modern finishes, marble countertops, and gray tile. Shaded front yard and large backyard perfect for gatherings, enjoying coffee outside, or storage.
Listed by Menachem Fellig
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License #3291623
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Compass Florida, LLC
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305-632-8803
Last updated October 22, 2025
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Source: MIAMIRE #A11899498
Listing Facts
TypeSingle-family
NeighborhoodGarden
Bedrooms7
Bathrooms4
Days on PrevuNew Today
Taxes$21,686/year
Size3,041 sqft
Price per sqft$608
Amenities
Dishwasher
Pets Allowed
Air Conditioning
Location
Mortgage Calculator
Listing History
10/22/2025
Listed by Compass Florida, LLC
$1,850,000
Property Details for 836 W 40th St
Association
Amenities
Pets Allowed: Yes
Exterior
Construction
Roof: Other
Structure Type: R30-No Pool/No Water, House
Year Built: 1939
Year Built Details: Resale
Architectural Style: Attached, Two Story
Building Name: GARDEN SUB AMD
Construction Materials: CBS Construction
Exterior Features: Other
Features
Direction Faces: Northwest
View: Other
Measurements
Building Area Total: 3,041
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Square Feet: 5,500
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 02-32-27-015-0370
Tax Annual Amount: $21,686.00
Tax Year: 2024
Interior
Features
Appliances: Dishwasher, Electric Range
Flooring: Other
Interior Features: Other
Measurements
Living Area: 3,041
Living Area Units: Square Feet
Rooms
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 7
Other
Location
Subdivision Name: GARDEN SUB AMD
Parking
Parking
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Other
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Water Source: Municipal Water
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.