1609 NW 40 ST, Miami, FL 33142

1609 NW 40 ST, Miami, FL 33142 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1977 with 1,593 square feet of living space on a 5,000 square foot lot. The property is currently owned by LUIS FERNANDEO RAMOS RUIZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-12-20 for $380,000, when TRAINERS R US INC sold to LUIS FERNANDEO RAMOS RUIZ. The property has appreciated $220,000 (138%) since the prior sale of $160,000 on 2021-04-28. There are 3 recorded sales for this property.

The 2025 assessed value is $325,588 with a market value of $325,588. This breaks down to $185,000 for the land and $140,588 for the building. The assessed value decreased 4% from $338,537 in 2024.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. 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 $306,612 recorded against this property. 1609 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 2001 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 86% of the most recent sale price.

Based on the most recent sale, this property traded at $239 per square foot — a key metric for comparing value across Miami's real estate market..