2440 SW 3 ST, Miami, FL 33135

Parcel: 0141030402140 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$606,127

Property Details

Beds
4
Baths
3
Living Sqft
2,473
Year Built
1937
Lot Sqft
7,500
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$160,000
2000-02-01
2
$775,000+384%
2024-11-20
IRMA MORALESRAMON GERARDO PRATS
3
$775,000
2024-12-04
4
$578,600-25%
2025-07-21
RAMON GERARDO PRATSPALMAROJA LLC
5
$578,600
2025-12-18

Tax Assessment History

$606,127
Assessed (2025)
$606,127
Market Value
$606,127
Taxable Value
$12,340
Annual Tax
2024
$321,709
$580,548
2025
$606,127
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $606,127 $606,127 $606,127 $12,340
2024 $321,709 $580,548 $271,709 $5,532

About 2440 SW 3 ST, Miami, FL 33135

2440 SW 3 ST, Miami, FL 33135 is a 4-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1937 with 2,473 square feet of living space on a 7,500 square foot lot. The property is currently owned by PALMAROJA 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 2025-12-18 for $578,600. There are 5 recorded sales for this property. The 2025 assessed value is $606,127 with a market value of $606,127.

This breaks down to $390,000 for the land and $216,127 for the building. The assessed value increased 88% from $321,709 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 $40,057, and the median home value is $471,600. The population density is 9,898 people per square mile.

There are active mortgage liens totaling $572,235 recorded against this property. 2440 SW 3 ST, Miami, FL 33135 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 2000 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 105% of the most recent sale price. Based on the most recent sale, this property traded at $234 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

PALMAROJA LLC
4820 RONDA ST, CORAL GABLES, FL, 33146
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: SANCHEZ VADILLO LLP
View on Sunbiz →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,673 — $14,134
Flood $400 — $800
Property/Wind $7,273 — $13,334

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$40,057
Median Home Value$471,600
Pop. Density9,898/sq mi

Neighborhood 33135

31.9%
Owner-Occ
68.1%
Investor
123
Flips (4yr)
4,940
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$581,250
~$572,235 bal.
NEWREZ LLC · 2024-12-04
Est. Total Balance $572,235
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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