1040 NW 56 ST, Miami, FL 33127

1040 NW 56 ST, Miami, FL 33127 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1950 with 1,848 square feet of living space on a 5,676 square foot lot. The property is currently owned by ORLANDO N SANDOVAL, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2011-12-08 for $47,500, when SECRETARY HOUSING & URBAN DEV sold to ORLANDO N SANDOVAL. The property has appreciated $47,400 (47400%) since the prior sale of $100 on 2010-08-31. There are 3 recorded sales for this property.

The 2025 assessed value is $208,128 with a market value of $380,664. This breaks down to $181,632 for the land and $199,032 for the building. The assessed value increased 10% from $189,208 in 2024.

The median household income in this area is $37,550, and the median home value is $320,700. The population density is 9,415 people per square mile. 1040 NW 56 ST, Miami, FL 33127 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 2010 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 438% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $26 per square foot — a key metric for comparing value across Miami's real estate market..