140 NW 41 ST, Miami, FL 33127

Parcel: 0131240210050 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0104

Assessed Value (2025)
$487,164

Property Details

Beds
2
Baths
1
Living Sqft
1,232
Year Built
1948
Lot Sqft
5,300
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100non-market transfer
2020-07-22
MARY LEE DOTTIEPHILLIP PATRICK WALLACE IV
2
$550,000
2022-02-14
PHILLIP PATRICK WALLACE IVSARAHA INVESTMENTS LLC

Tax Assessment History

$487,164
Assessed (2025)
$487,164
Market Value
$487,164
Taxable Value
$9,918
Annual Tax
2024
$505,180
$511,857
2025
$487,164
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $487,164 $487,164 $487,164 $9,918
2024 $505,180 $511,857 $505,180 $10,285

About 140 NW 41 ST, Miami, FL 33127

140 NW 41 ST, Miami, FL 33127 is a 2-bedroom, 1-bathroom multifamily 2-9 units : 2 living units built in 1948 with 1,232 square feet of living space on a 5,300 square foot lot. The property is currently owned by SARAHA INVESTMENTS 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 2022-02-14 for $550,000, when PHILLIP PATRICK WALLACE IV sold to SARAHA INVESTMENTS LLC. The property has appreciated $549,900 (549900%) since the prior sale of $100 on 2020-07-22. The 2025 assessed value is $487,164 with a market value of $487,164.

This breaks down to $397,500 for the land and $89,664 for the building. The assessed value decreased 4% from $505,180 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.

140 NW 41 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 2020 to 2022, with 2 recorded transactions in the public record.

The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $446 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

SARAHA INVESTMENTS LLC
383 NE 69 ST, MIAMI, FL, 33138
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$6,245 — $11,517
Flood $400 — $800
Property/Wind $5,845 — $10,717

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 →
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