150 NW 40 ST, Miami, FL 33127

150 NW 40 ST, Miami, FL 33127 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1949 with 1,481 square feet of living space on a 5,000 square foot lot. The property is currently owned by FREDLINE LOUIS JEUNE, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2015-09-22 for $200,000, when LHHA HOUSING DEVELOPMENT LLC sold to FREDLINE LOUIS JEUNE . The property has appreciated $110,000 (122%) since the prior sale of $90,000 on 2014-03-18. There are 3 recorded sales for this property.

The 2025 assessed value is $314,705 with a market value of $314,705. This breaks down to $211,103 for the land and $103,602 for the building. The assessed value increased 10% from $286,555 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. 150 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 2015, with 3 recorded transactions in the public record. The current assessed value represents 157% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $135 per square foot — a key metric for comparing value across Miami's real estate market..