71 NW 40 ST, Miami, FL 33127

71 NW 40 ST, Miami, FL 33127 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1940 with 1,235 square feet of living space on a 5,000 square foot lot. The property is currently owned by MATTHEW CUNNINGHAM CLAUDIA CUNNINGHAH, 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 2003-04-01 for $95,333. The 2025 assessed value is $65,339 with a market value of $463,614. This breaks down to $375,000 for the land and $88,614 for the building.

The assessed value increased 3% from $63,498 in 2024. The property has the following tax exemptions: homestead. 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 $115,198 recorded against this property. 71 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 1996 to 2003, with 2 recorded transactions in the public record. The current assessed value represents 69% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $77 per square foot — a key metric for comparing value across Miami's real estate market..