120 NW 40 AVE, Miami, FL 33126
Parcel: 0141050111280 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$289,426
Property Details
Beds
4
Baths
2
Living Sqft
1,646
Year Built
1946
Lot Sqft
7,280
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$141,750
2014-06-09
NATIONSTAR MORTGAGE LLC → ELLAWISH LLC
2
$290,000+105%
2015-03-27
ELLAWISH LLC → GUSTAVO FARACO
3
$100non-market transfer
2025-05-16
GUSTAVO FARACO → ROSA MARIA FARACO
4
N/A
2025-05-28
Tax Assessment History
$289,426
Assessed (2025)
$537,136
Market Value
$238,704
Taxable Value
$4,860
Annual Tax
2024
$281,270
$515,809
2025
$289,426
$537,136
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $289,426 | $537,136 | $238,704 | $4,860 | $378,560 | $158,576 |
| 2024 | $281,270 | $515,809 | $231,270 | $4,708 | $364,959 | $150,850 |
About 120 NW 40 AVE, Miami, FL 33126
120 NW 40 AVE, Miami, FL 33126 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1946 with 1,646 square feet of living space on a 7,280 square foot lot. The property is currently owned by ROSA MARIA FARACO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 4 recorded sales for this property. The 2025 assessed value is $289,426 with a market value of $537,136. This breaks down to $378,560 for the land and $158,576 for the building.
The assessed value increased 3% from $281,270 in 2024. The property has the following tax exemptions: homestead. 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. 120 NW 40 AVE, 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 2014 to 2025, with 4 recorded transactions in the public record..
Current Owner
ROSA MARIA FARACO
120 NW 40 AVE, MIAMI, FL, 33126
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$3,873 — $7,167
Flood $400 — $800
Property/Wind $3,473 — $6,367
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