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1733 NW 40th St
Single Family
New
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$399,000

$233/sqft

1733 NW 40th St, Miami

40% below median
3 bd·2 ba·1,711 sqft
Built 19504,250 sqft lotFlora Park

1733 NW 40th St, Miami, FL

3 bd · 2 ba · 1,711 sqft Single Family listed at $399,000, built in 1950 in the Flora Park neighborhood.

About this home

Located in the Allapattah area, this 3-bedroom, 2-bath home offers strong potential for value-add improvements, rental income, or resale. Investor special, needs rehab but major capital improvements have already been completed, including a new roof (2021), new AC system (2024), and impact windows, reducing immediate maintenance costs. Concrete block construction and a one-story layout make this an ideal candidate for renovation, repositioning, or a long-term hold.

Property details

Price
$399,000
Bedrooms
3
Bathrooms
2
Interior
1,711 sqft
Price / sqft
$233
Year built
1950
Lot size
4,250 sqft
Type
Single Family
Days on market
12
Est. property tax
$3,431/yr · $286/mo · 0.86% FL avg
Last sold
$330,000 · May 2024
Virtual tour

Estimated monthly payment

Down payment20% ($79,800)
Interest rate6.75%
Principal & Interest$2,070
Property Tax$366
Insurance$150
Total$2,586/mo

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Price history

$512K$396K$281K$300K on Jul 21 (Initial list)$300K on Jul 21 (Price change)$330K on May 24 (Sold)$493K on May 25 (Initial list)$485K on Sep 25 (Initial list)$473K on Oct 25 (Initial list)$399K on Apr 26 (Initial list)
$300K · Jul 21$399K · Apr 26
  1. Apr 13, 2026$399,000Initial list price
  2. Oct 29, 2025$472,900Initial list price
  3. Sep 16, 2025$484,900Initial list price
  4. May 30, 2025$492,500Initial list price
  5. May 30, 2024$330,000Sold
  6. Jul 12, 2021$299,900Price change
  7. Jul 2, 2021$299,900Initial list price

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 1733 NW 40th St, Miami
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Home Intelligence

Neighborhood (zip 33142)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 38.5; 9% hold a bachelor's degree; median household income is $35,589.

Median income
$35,589
Median age
38.5
Owner-occupied
28.4%
Bachelor's degree
8.8%
Census median home value
$277,600

Source: US Census Bureau American Community Survey 5-year estimates.

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