224 NW 40 ST, Miami, FL 33127
Parcel: 0131240020580 · Vacant Residential · Extra Fea Other Than Parking · Zoning: 0104
Assessed Value (2025)
$359,561
Sales History
1
$100non-market transfer
2010-02-04
LYDIA E VELEZ → LYDIA ESTER VELEZ LE
2
$100non-market transfer
2021-10-15
MYRNA VELEZ ALBA → BJSJ LLC
3
$515,000
2021-10-15
MYRNA VELEZ ALBA → BJSJ LLC
4
N/A
2021-12-13
Tax Assessment History
$359,561
Assessed (2025)
$376,140
Market Value
$359,561
Taxable Value
$7,320
Annual Tax
2024
$438,840
$495,125
2025
$359,561
$376,140
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $359,561 | $376,140 | $359,561 | $7,320 | $375,000 | $1,140 |
| 2024 | $438,840 | $495,125 | $438,840 | $8,934 | $367,638 | $127,487 |
About 224 NW 40 ST, Miami, FL 33127
224 NW 40 ST, Miami, FL 33127 is a property. The property is currently owned by BJSJ LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2025 assessed value is $359,561 with a market value of $376,140. This breaks down to $375,000 for the land and $1,140 for the building.
The assessed value decreased 18% from $438,840 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. 224 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 2010 to 2021, with 4 recorded transactions in the public record..
Current Owner
BJSJ LLC
407 LINCOLN RD STE 6 J, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$3,995 — $7,272
Flood $400 — $800
Property/Wind $3,595 — $6,472
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
Zoom in to see property sales