1747 NW 40 ST, Miami, FL 33142
Parcel: 0131220350150 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Assessed Value (2025)
$299,576
Property Details
Beds
2
Baths
2
Living Sqft
1,309
Year Built
1953
Lot Sqft
4,250
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$95,000
2017-10-27
DLT HOLDINGS LLC → FEHI PROPERTY INVESTMENTS INC
2
$310,000+226%
2021-05-07
FEHI PROPERTY INVESTMENTS INC → PEDRO P SORIANO
3
$400,000+29%
2023-04-20
PEDRO P SORIANO → CTM PROPERTY LLC
Tax Assessment History
$299,576
Assessed (2025)
$299,576
Market Value
$299,576
Taxable Value
$6,099
Annual Tax
2024
$295,331
2025
$299,576
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $299,576 | $299,576 | $299,576 | $6,099 | $161,500 | $138,076 |
| 2024 | $295,331 | $295,331 | $295,331 | $6,013 | $157,248 | $138,083 |
About 1747 NW 40 ST, Miami, FL 33142
1747 NW 40 ST, Miami, FL 33142 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1953 with 1,309 square feet of living space on a 4,250 square foot lot. The property is currently owned by CTM PROPERTY LLC, 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 2023-04-20 for $400,000, when PEDRO P SORIANO sold to CTM PROPERTY LLC. The property has appreciated $90,000 (29%) since the prior sale of $310,000 on 2021-05-07. There are 3 recorded sales for this property.
The 2025 assessed value is $299,576 with a market value of $299,576. This breaks down to $161,500 for the land and $138,076 for the building. The assessed value increased 1% from $295,331 in 2024.
This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $40,806, and the median home value is $326,000.
The population density is 10,285 people per square mile. There are active mortgage liens totaling $363,750 recorded against this property. 1747 NW 40 ST, Miami, FL 33142 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 2017 to 2023, with 3 recorded transactions in the public record. The current assessed value represents 75% of the most recent sale price.
Based on the most recent sale, this property traded at $306 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
CTM PROPERTY LLC
9490 NW 41 ST 538, DORAL, FL, 33178
Since: 2026-03-29
View owner profile →
Flood Zone
Zone AH
Special Flood Hazard Area
Est. Annual Insurance
$3,994 — $7,390
Flood $400 — $800
Property/Wind $3,594 — $6,590
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$40,806
Median Home Value$326,000
Pop. Density10,285/sq mi
Neighborhood 33142
39.3%
Owner-Occ
60.7%
Investor
561
Flips (4yr)
7,163
New Biz (3yr)
Distress Risk
ELEVATED
42
Mortgages
ACTIVE
$363,750
CHAMPIONS FUNDING LLC · 2025-09-02
Est. Total Balance $363,750
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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