1169 NW 40 ST, Miami, FL 33127

Parcel: 0131230200080 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$534,910

Property Details

Beds
6
Baths
4
Living Sqft
2,802
Year Built
2007
Lot Sqft
4,661
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2007-06-01
2
$10non-market transfer
2008-09-23
DOUGLAS ZELEDONDOUGLAS ZELEDON
3
$250,000
2019-03-22
DOUGLAS ZELEDONJESUS FLORES

Tax Assessment History

$534,910
Assessed (2025)
$534,910
Market Value
$534,910
Taxable Value
$10,890
Annual Tax
2024
$497,428
$562,576
2025
$534,910
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $534,910 $534,910 $534,910 $10,890
2024 $497,428 $562,576 $497,428 $10,127

About 1169 NW 40 ST, Miami, FL 33127

1169 NW 40 ST, Miami, FL 33127 is a 6-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 2007 with 2,802 square feet of living space on a 4,661 square foot lot. The property is currently owned by JESUS FLORES MARTINA MIDENCE, 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 2019-03-22 for $250,000, when DOUGLAS ZELEDON sold to JESUS FLORES. The property has appreciated $249,990 (2499900%) since the prior sale of $10 on 2008-09-23. There are 3 recorded sales for this property.

The 2025 assessed value is $534,910 with a market value of $534,910. This breaks down to $172,457 for the land and $362,453 for the building. The assessed value increased 8% from $497,428 in 2024.

The median household income in this area is $39,857, and the median home value is $362,700. The population density is 8,262 people per square mile. 1169 NW 40 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 2007 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 214% 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 $89 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JESUS FLORES MARTINA MIDENCE
730 NW 32 CT, MIAMI, FL, 33125
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,609 — $6,149
Flood $400 — $800
Property/Wind $3,209 — $5,349

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$39,857
Median Home Value$362,700
Pop. Density8,262/sq mi

Neighborhood 33127

32.7%
Owner-Occ
67.3%
Investor
303
Flips (4yr)
5,843
New Biz (3yr)
Distress Risk
ELEVATED
44
View full risk analysis →
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