1401 NW 40 ST, Miami, FL 33142

1401 NW 40 ST, Miami, FL 33142 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 2006 with 2,231 square feet of living space on a 6,000 square foot lot. The property is currently owned by RAYMOND TEJERA, 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 2022-04-07 for $480,000. There are 4 recorded sales for this property. The 2025 assessed value is $446,644 with a market value of $446,644.

This breaks down to $222,000 for the land and $224,644 for the building. The assessed value decreased 5% from $470,747 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 $448,436 recorded against this property. 1401 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 2006 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 93% of the most recent sale price.

Based on the most recent sale, this property traded at $215 per square foot — a key metric for comparing value across Miami's real estate market..