315 NW 40 ST, Miami, FL 33127

Parcel: 0131240020380 · Residential - Single Family · 1 Unit · Zoning: 0104

Assessed Value (2025)
$510,461

Property Details

Beds
3
Baths
3
Living Sqft
1,417
Year Built
1951
Lot Sqft
5,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2014-07-01
LATIVIA FAUNICE DAVISLUCILLE M MARTINEZ
2
$270,300
2019-12-31
LUCILLE M MARTINEZMIAMI305REALESTATE LLC
3
$530,000+96%
2021-01-04
MIAMI305REALESTATE LLCKILLIAN OLIVER JOHN GRONDIN

Tax Assessment History

$510,461
Assessed (2025)
$510,461
Market Value
$510,461
Taxable Value
$10,393
Annual Tax
2024
$580,785
$606,340
2025
$510,461
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $510,461 $510,461 $510,461 $10,393
2024 $580,785 $606,340 $580,785 $11,824

About 315 NW 40 ST, Miami, FL 33127

315 NW 40 ST, Miami, FL 33127 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1951 with 1,417 square feet of living space on a 5,000 square foot lot. The property is currently owned by KILLIAN OLIVER JOHN GRONDIN FRED ANDRE GRONDIN, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-01-04 for $530,000, when MIAMI305REALESTATE LLC sold to KILLIAN OLIVER JOHN GRONDIN. The property has appreciated $259,700 (96%) since the prior sale of $270,300 on 2019-12-31. There are 3 recorded sales for this property.

The 2025 assessed value is $510,461 with a market value of $510,461. This breaks down to $375,000 for the land and $135,461 for the building. The assessed value decreased 12% from $580,785 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 $470,609 recorded against this property. 315 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 2014 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 96% of the most recent sale price.

Based on the most recent sale, this property traded at $374 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

KILLIAN OLIVER JOHN GRONDIN FRED ANDRE GRONDIN
315 NW 40 ST, MIAMI, FL, 33127
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$6,525 — $12,030
Flood $400 — $800
Property/Wind $6,125 — $11,230

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$49,685
Median Home Value$657,900
Pop. Density8,510/sq mi

Neighborhood 33127

32.7%
Owner-Occ
67.3%
Investor
303
Flips (4yr)
5,843
New Biz (3yr)
Distress Risk
ELEVATED
44
View full risk analysis →

Mortgages

ACTIVE
$503,500
~$470,609 bal.
NEXERA HOLDING LLC · 2021-01-13
Est. Total Balance $470,609
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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