40 NE 75 ST, Miami, FL 33138

40 NE 75 ST, Miami, FL 33138 is a multifamily 2-9 units : 2 living units built in 1926 with 2,592 square feet of living space on a 12,795 square foot lot. The property is currently owned by LITTLE RIVER GARAGES DEVELOPMENT LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-08-14 for $7,000,000, when WILL NOT SELL LLC sold to LITTLE RIVER GARAGES. There are 4 recorded sales for this property. The 2025 assessed value is $913,438 with a market value of $913,438.

This breaks down to $895,650 for the land and $17,788 for the building. The assessed value decreased 24% from $1,207,419 in 2024. The median household income in this area is $38,439, and the median home value is $459,400.

The population density is 10,797 people per square mile. 40 NE 75 ST, Miami, FL 33138 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2000 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 13% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $2701 per square foot — a key metric for comparing value across Miami's real estate market..