1077 NW 40 ST, Miami, FL 33127

Parcel: 0131230210970 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$316,286

Property Details

Beds
2
Baths
1
Living Sqft
1,434
Year Built
1948
Lot Sqft
5,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2002-10-01
2
$195,000
2018-10-26
MICHAEL I CONEY &W TAMMIEALEXA RAE LEON
3
$405,000+108%
2023-02-22
ALEXA RAE LEONHEBER MIGUEL
4
$405,000
2023-03-03

Tax Assessment History

$316,286
Assessed (2025)
$316,286
Market Value
$316,286
Taxable Value
$6,439
Annual Tax
2024
$342,322
2025
$316,286
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $316,286 $316,286 $316,286 $6,439
2024 $342,322 $342,322 $342,322 $6,969

About 1077 NW 40 ST, Miami, FL 33127

1077 NW 40 ST, Miami, FL 33127 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,434 square feet of living space on a 5,250 square foot lot. The property is currently owned by HEBER MIGUEL HEBER MIGUEL PEREZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-03-03 for $405,000. There are 4 recorded sales for this property. The 2025 assessed value is $316,286 with a market value of $316,286.

This breaks down to $194,250 for the land and $122,036 for the building. The assessed value decreased 8% from $342,322 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. There are active mortgage liens totaling $383,435 recorded against this property. 1077 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 2002 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price.

Based on the most recent sale, this property traded at $282 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

HEBER MIGUEL HEBER MIGUEL PEREZ
1077 NW 40 ST, MIAMI, FL, 33127
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,195 — $7,758
Flood $400 — $800
Property/Wind $3,795 — $6,958

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 →

Mortgages

ACTIVE
$397,664
~$383,435 bal.
GUARANTEED RATE INC · 2023-03-03
1 satisfied mortgage
SATISFIED 2021-05-03
$212,454
CITY FIRST MORTGAGE SERVICES LLC
Est. Total Balance $383,435
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales