Estimated monthly payment
$21 /mo
Principal and interest only, based on $790 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,950
- Days on Site
- 19 Days
- Bedrooms
- 4
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,596 sqft
- Lot Size
- 0.18 Acres
- Year Built
- 1953
- Property Type
- Single Family
- MLS #
- A12095916
- Subdivision
- IDEAL HOMES SUB NO 3
- County
- Miami Dade
- Status
- Active
About This Property
Beautifully renovated corner property in the heart of Hialeah featuring a 3-bedroom, 1-bath main home plus an in-law/effice/studio of 1/1 making the property of 4 bedroom 2 baths. The brand-new kitchen features quartz countertops, modern finishes, and new flooring throughout. Bright picture windows fill the home with natural light.Enjoy a private backyard on both side covered porch, perfect for entertaining, family gatherings, outdoor dining, or creating a bar and lounge area. Security cameras provide added peace of mind.The property also includes a spacious, modern in-law suite/efficiency with its own private entrance and yard, ideal for extended family, guests, or rental income. The suite may be rented separately for approximately $1,600/month. Both living spaces are completely separate, offering flexibility for two families or additional income.Conveniently located near shopping centers, malls, major roads, and I-95, with easy access to everything Hialeah has to offer. Available for a one-year lease at $3,950/month, including the in-law suite. A rare opportunity combining modern updates, flexible living space, and income potential.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1953
- Garage Spaces
- 0
- Parking
- On Street
- Lot Size (Acres)
- 0.18
- Living Sq Ft
- 1,596
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Furnished
- Unfurnished
Community & HOA
- Pets Allowed
- Yes
- 55+ Community
- Yes
- MLS Area
- 2310
Schools
- Elementary School
- North Hialeah
- Middle School
- Henry H. Filer
- High School
- Hialeah
About the Community
Ideal Homes Sub No 3 is a community in Hialeah, Miami-Dade County, Florida. Active listings are priced from $635,000 to $870,000. Homes were built between 1952 and 1953. Pure Equity lists homes in Ideal Homes Sub No 3 and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Median List Price
- $600,000
- Median $/Sq Ft
- $471
- Avg Days on Market
- 256
Frequently Asked Questions
- How do I schedule a tour of 331 W 40th Place, Hialeah, FL 33012?
- Use the Tour button on this listing to request a showing of 331 W 40th Place, Hialeah, FL 33012. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 331 W 40th Place, Hialeah, FL 33012 still available?
- 331 W 40th Place, Hialeah, FL 33012 is currently listed as Active, and has been on the market 19 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 331 W 40th Place, Hialeah, FL 33012?
- With 20% down ($790) on the $3,950 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 331 W 40th Place, Hialeah, FL 33012 is about $21/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 331 W 40th Place, Hialeah, FL 33012?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 331 W 40th Place, Hialeah, FL 33012. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 331 W 40th Place, Hialeah, FL 33012?
- 331 W 40th Place, Hialeah, FL 33012 is zoned for North Hialeah (elementary), Henry H. Filer (middle), Hialeah (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 331 W 40th Place, Hialeah, FL 33012?
- Often, yes. The right offer on 331 W 40th Place, Hialeah, FL 33012 depends on how it's priced against comparable single family sales in Hialeah, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Net Realty Services
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 27, 2026.
$3,950
Interested in This Property?
Contact us to schedule a showing or ask a question.
Listed by Ivania Alvarado, Net Realty Services
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