1377 NW 40 ST, Miami, FL 33142

1377 NW 40 ST, Miami, FL 33142 is a 10-bedroom, 6-bathroom multifamily 2-9 units : 2 living units built in 2016 with 4,088 square feet of living space on a 5,000 square foot lot. The property is currently owned by SUNNY ISLES ASSOCIATES 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 2014-10-20 for $23,700, when WILLIE B SMITH sold to SUNNY ISLES ASSOCIATES LLC. There are 3 recorded sales for this property. The 2025 assessed value is $692,500 with a market value of $692,500.

This breaks down to $185,000 for the land and $507,500 for the building. The assessed value increased 1% from $683,691 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. 1377 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 1994 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 2922% 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 $6 per square foot — a key metric for comparing value across Miami's real estate market..