Price Check
How this price compares
- Asking price
- $760,000
- Price per sq ft
- $381
- Original price
- Unchanged
- Days on market
- 47
This multi-family property in Durham Terrace went under contract with an asking price of $760,000, or $381 per square foot. It spent 47 days on the market before going under contract.
Estimated monthly payment
$3,994 /mo
Principal and interest only, based on $152,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $760,000
- Days on Site
- 47 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,996 sqft
- Total Sq Ft
- 2,116 sqft
- Year Built
- 1947
- Property Type
- Multi-Family
- MLS #
- A12019766
- Property Tax
- $12,181 (2025)
- Subdivision
- DURHAM TERRACE
- County
- Miami Dade
- Status
- Under Contract
About This Property
Exceptional income-producing opportunity on an oversized corner lot in a highly desirable location. This property is larger than reflected on the tax roll and offers immediate cash flow, making it an ideal investment for savvy buyers. Positioned near the new Miami MLS stadium and Coral Gables, the property benefits from strong rental demand and consistent income potential. A true investor’s dream with proven rental performance—don’t miss this chance to secure a high-yield asset in a rapidly growing area. Contact listing agent for additional details and financials.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 1947
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 1,996
- Total Sq Ft
- 2,116
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Zoning
- 0100
Interior Features
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Barrel
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2310
Schools
- Elementary School
- Kinloch Park
- Middle School
- Kinloch Park
- High School
- Coral Gables
About the Community
- Homes for Sale
- 3
- Under Contract
- 1
- Median List Price
- $695,000
- Median $/Sq Ft
- $388
- Avg Days on Market
- 48
Frequently Asked Questions
- How do I schedule a tour of 450 NW 40th Court, Miami, FL 33126?
- Use the Tour button on this listing to request a showing of 450 NW 40th Court, Miami, FL 33126. 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 450 NW 40th Court, Miami, FL 33126 still available?
- 450 NW 40th Court, Miami, FL 33126 is currently listed as Under Contract, and has been on the market 47 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 450 NW 40th Court, Miami, FL 33126?
- With 20% down ($152,000) on the $760,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 450 NW 40th Court, Miami, FL 33126 is about $3,994/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 450 NW 40th Court, Miami, FL 33126?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 450 NW 40th Court, Miami, FL 33126. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 450 NW 40th Court, Miami, FL 33126?
- 450 NW 40th Court, Miami, FL 33126 is zoned for Kinloch Park (elementary), Kinloch Park (middle), Coral Gables (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 450 NW 40th Court, Miami, FL 33126?
- Often, yes. The right offer on 450 NW 40th Court, Miami, FL 33126 depends on how it's priced against comparable multi-family sales in Miami, 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 Lifestyle International Realty
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 June 23, 2026.
$760,000
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Listed by Cristen Navarro, Lifestyle International Realty
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Recent Sales
Recently sold homes in Durham Terrace
These are the last 4 recorded closings in Durham Terrace, with the price each home actually sold for rather than what it was listed at. They closed at a median of $486 per square foot. The most recent closed on June 12, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$670,000
Sold · June 12, 2026
440 NW 38th Court
2 bed · 1 bath · 1,379 sqft · $486/sqft
$9,000 under the asking price
Sold$650,000
Sold · January 21, 2026
511 NW 39th Avenue
3 bed · 1 bath · 1,284 sqft · $506/sqft
$14,995 under the asking price
Sold$750,000
Sold · December 16, 2025
3915 NW 4th Terrace
6 bed · 6 bath · 3,174 sqft · $236/sqft
Sold$620,000
Sold · September 30, 2025
4074 NW 4th Street
2 bed · 2 bath · 1,506 sqft · $412/sqft
$30,000 under the asking price
See every recorded sale in Durham Terrace or find out what your Durham Terrace home is worth.
