401 NW 40 ST, Miami, FL 33127

401 NW 40 ST, Miami, FL 33127 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1940 with 1,349 square feet of living space on a 4,700 square foot lot. The property is currently owned by LM 26 EXPRESS 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 2021-07-20 for $515,000, when BLUE OCEAN ASSETS LLC sold to LM 26 EXPRESS LLC. The property has appreciated $288,000 (127%) since the prior sale of $227,000 on 2017-09-29. There are 3 recorded sales for this property.

The 2025 assessed value is $489,204 with a market value of $489,204. This breaks down to $352,500 for the land and $136,704 for the building. The assessed value decreased 10% from $542,358 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $49,685, and the median home value is $657,900.

The population density is 8,510 people per square mile. There are active mortgage liens totaling $730,113 recorded against this property. 401 NW 40 ST, Miami, FL 33127 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 2017 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 95% of the most recent sale price.

Based on the most recent sale, this property traded at $382 per square foot — a key metric for comparing value across Miami's real estate market..