40 NW 47 AVE, Miami, FL 33126

40 NW 47 AVE, Miami, FL 33126 is a 4-bedroom, 3-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1937 with 1,999 square feet of living space on a 4,500 square foot lot. The property is currently owned by BRYAN OZUNA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-11-25 for $103,400, when ALBERT ALEXANDER LORENZO sold to BYRAN OZUNA . The property has appreciated $400 (0%) since the prior sale of $103,000 on 2021-11-25. The 2025 assessed value is $441,150 with a market value of $441,150.

This breaks down to $337,500 for the land and $103,650 for the building. The assessed value decreased 4% from $457,915 in 2024. The median household income in this area is $51,667, and the median home value is $420,500.

The population density is 18,449 people per square mile. There are active mortgage liens totaling $554,551 recorded against this property. 40 NW 47 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 2021 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 427% 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 $52 per square foot — a key metric for comparing value across Miami's real estate market..