PendingPhoto 1 of 40
250 NW 40th Ave, Miami FL 33126
About this home
Beautifully renovated in 2019, this exceptional residence seamlessly blends its original character with elegant modern finishes and meticulous attention to detail. Situated on an oversized, fully fenced, and professionally landscaped lot, the property offers a private outdoor oasis perfect for relaxing or entertaining. Ideally located in a safe and quiet neighborhood, the home is just three blocks from grocery stores and everyday conveniences, while remaining only minutes from the vibrant dining, shopping, and entertainment destinations of Coral Gables, Downtown Miami, Coconut Grove, Wynwood, Miami Beach, and Miami International Airport. Parks, museums, movie theaters, and major highways are also within easy reach. The home's flexible layout also offers the potential to create a private mother-in-law suite or separate living quarters, providing an excellent opportunity for supplemental rental income.
Features
- First Floor Entry
- Split Bedroom
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,540
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.