1291 NW 40 ST, Miami, FL 33142
Parcel: 0131230373900 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Assessed Value (2025)
$230,241
Property Details
Beds
4
Baths
3
Living Sqft
2,092
Year Built
1949
Lot Sqft
10,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$70,000
2013-08-12
WELLS FARGO BANK NA TRS → ALEXIS RIVERON
2
$100,000+43%
2014-05-09
ALEXIS RIVERON → DAVID SAO
3
$100non-market transfer
2014-09-09
DAVID SAO → RED DOOR RENTALS I LLC
Tax Assessment History
$230,241
Assessed (2025)
$514,599
Market Value
$230,241
Taxable Value
$4,688
Annual Tax
2024
$209,310
$550,451
2025
$230,241
$514,599
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $230,241 | $514,599 | $230,241 | $4,688 | $340,000 | $174,599 |
| 2024 | $209,310 | $550,451 | $209,310 | $4,261 | $420,036 | $130,415 |
About 1291 NW 40 ST, Miami, FL 33142
1291 NW 40 ST, Miami, FL 33142 is a 4-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1949 with 2,092 square feet of living space on a 10,000 square foot lot. The property is currently owned by RED DOOR RENTALS I 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 2014-09-09 for $100, when DAVID SAO sold to RED DOOR RENTALS I LLC. The property sold for $99,900 less than the prior sale of $100,000 on 2014-05-09. There are 3 recorded sales for this property.
The 2025 assessed value is $230,241 with a market value of $514,599. This breaks down to $340,000 for the land and $174,599 for the building. The assessed value increased 10% from $209,310 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. 1291 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 2013 to 2014, with 3 recorded transactions in the public record..
Current Owner
RED DOOR RENTALS I LLC
8401 NW 16 ST, PEMBROKE PINES, FL, 33024
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$3,162 — $5,865
Flood $400 — $800
Property/Wind $2,762 — $5,065
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 33142
39.3%
Owner-Occ
60.7%
Investor
561
Flips (4yr)
7,163
New Biz (3yr)
Distress Risk
ELEVATED
42
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