15737 NW 40th Ct, Miami Gardens FL 33054
About this home
Investor Special! Excellent opportunity to add value and maximize cash flow. This property features a 3-bedroom, 2-bath single-family home plus a detached garage converted into a private guest house/in-law suite, offering outstanding income-producing potential. Whether you’re looking to renovate, hold as a rental, or expand your investment portfolio, this property offers multiple possibilities. Located in a quiet, established neighborhood with strong rental demand and convenient access to major highways, shopping, restaurants, schools, and everyday amenities. The flexible layout provides an excellent opportunity for investors seeking multiple income streams. Cash offers only. Property is being sold As-Is. Buyer is responsible for conducting all due diligence, including but not limited to verifying zoning, permits, code compliance, property use, square footage, and any open or potential violations with the city or county. Seller and listing broker make no representations or warranties regarding the legal status of the detached guest house/in-law suite or any improvements. Buyers should independently verify all information before closing. Don’t miss this opportunity to unlock the full potential of this income-producing property.
Features
- First Floor Entry
- Second Floor Entry
- Attic
- Den/Library/Office
- Family Room
- Florida Room
- None
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,402
- 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.