1537 NW 40 ST, Miami, FL 33142

1537 NW 40 ST, Miami, FL 33142 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1986 with 1,989 square feet of living space on a 5,000 square foot lot. The property is currently owned by PASSAGEWAY RESIDENCE OF DADE COUNTY INC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-04-09 for $450,000, when DAYSI Y HYCERT sold to PASSAGEWAY RESIDENCE OF DADE . The property has appreciated $433,000 (2547%) since the prior sale of $17,000 on 2014-07-30. There are 3 recorded sales for this property.

The 2025 assessed value is $480,192 with a market value of $480,192. This breaks down to $185,000 for the land and $295,192 for the building. The assessed value decreased 6% from $508,613 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. 1537 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 107% of the most recent sale price.

Based on the most recent sale, this property traded at $226 per square foot — a key metric for comparing value across Miami's real estate market..