401 NW 40 CT, Miami, FL 33126

Parcel: 0141050081640 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$326,610

Property Details

Beds
2
Baths
1
Living Sqft
1,584
Year Built
1947
Lot Sqft
7,062
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1non-market transfer
1975-12-01
2
N/Anon-market transfer
1992-12-01
3
$307,000
2018-06-19
OLGA GARCIA LE JOSE ALVAREZ

Tax Assessment History

$326,610
Assessed (2025)
$511,407
Market Value
$275,888
Taxable Value
$5,617
Annual Tax
2024
$317,406
$491,003
2025
$326,610
$511,407
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $326,610 $511,407 $275,888 $5,617
2024 $317,406 $491,003 $267,406 $5,444

About 401 NW 40 CT, Miami, FL 33126

401 NW 40 CT, Miami, FL 33126 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1947 with 1,584 square feet of living space on a 7,062 square foot lot. The property is currently owned by JOSE ALVAREZ ANNIA LAGO, 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 2018-06-19 for $307,000, when OLGA GARCIA LE sold to JOSE ALVAREZ. There are 3 recorded sales for this property. The 2025 assessed value is $326,610 with a market value of $511,407.

This breaks down to $367,249 for the land and $144,158 for the building. The assessed value increased 3% from $317,406 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $58,735, and the median home value is $351,000.

The population density is 10,020 people per square mile. 401 NW 40 CT, Miami, FL 33126 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 1975 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 106% of the most recent sale price. Based on the most recent sale, this property traded at $194 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JOSE ALVAREZ ANNIA LAGO
401 NW 40 CT, MIAMI, FL, 33126
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$4,319 — $7,985
Flood $400 — $800
Property/Wind $3,919 — $7,185

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$58,735
Median Home Value$351,000
Pop. Density10,020/sq mi

Neighborhood 33126

29.9%
Owner-Occ
70.1%
Investor
237
Flips (4yr)
13,798
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
Zoom in to see property sales