247 NW 40 CT, Miami, FL 33126
Parcel: 0141050100721 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Assessed Value (2025)
$487,790
Property Details
Beds
5
Baths
3
Living Sqft
2,202
Year Built
1980
Lot Sqft
5,400
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$114,000
1980-09-01
2
N/Anon-market transfer
1998-11-01
3
N/Anon-market transfer
2023-11-20
EVELIO & ELIA PAEZ TRS → ELIA PAEZ TRS
Tax Assessment History
$487,790
Assessed (2025)
$487,790
Market Value
$487,790
Taxable Value
$9,931
Annual Tax
2024
$478,933
2025
$487,790
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $487,790 | $487,790 | $487,790 | $9,931 | $280,800 | $206,990 |
| 2024 | $478,933 | $478,933 | $478,933 | $9,751 | $270,300 | $208,633 |
About 247 NW 40 CT, Miami, FL 33126
247 NW 40 CT, Miami, FL 33126 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1980 with 2,202 square feet of living space on a 5,400 square foot lot. The property is currently owned by ELIA PAEZ TRS ELIA PAEZ TRUST, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 3 recorded sales for this property. The 2025 assessed value is $487,790 with a market value of $487,790. This breaks down to $280,800 for the land and $206,990 for the building.
The assessed value increased 2% from $478,933 in 2024. 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.
247 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 1980 to 2023, with 3 recorded transactions in the public record..
Current Owner
ELIA PAEZ TRS ELIA PAEZ TRUST
5811 SW 50 ST, MIAMI, FL, 33155
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$5,277 — $9,580
Flood $400 — $800
Property/Wind $4,877 — $8,780
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
Zoom in to see property sales