1137 NW 40 ST, Miami, FL 33127

1137 NW 40 ST, Miami, FL 33127 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1935 with 1,504 square feet of living space on a 5,000 square foot lot. The property is currently owned by GREATEST ENTERPRISES LLC TRS, 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 2011-06-17 for $20,100, when NANCY AVILA sold to GREATEST ENTERPRISES LLC TRS. The property sold for $184,900 less than the prior sale of $205,000 on 2006-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $135,505 with a market value of $350,813. This breaks down to $185,000 for the land and $165,813 for the building. The assessed value increased 10% from $123,187 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. 1137 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 2004 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 674% 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 $13 per square foot — a key metric for comparing value across Miami's real estate market..