940 NE 72 TER, Miami, FL 33138

940 NE 72 TER, Miami, FL 33138 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1941 with 1,572 square feet of living space on a 7,080 square foot lot. The property is currently owned by CHRISTOPHER GEMPTON VICTORIA A GEMPTON, 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 2010-09-17 for $235,000, when ROBERTO R CUESTA sold to CHRISTOPHER GEMPTON. The property sold for $166,700 less than the prior sale of $401,700 on 2007-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $318,294 with a market value of $1,018,979. This breaks down to $778,800 for the land and $240,179 for the building. The assessed value increased 3% from $309,324 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $92,162, and the median home value is $547,000. The population density is 8,984 people per square mile. 940 NE 72 TER, Miami, FL 33138 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 1994 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 135% 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 $149 per square foot — a key metric for comparing value across Miami's real estate market..