1940 SW 32 CT, Miami, FL 33145

1940 SW 32 CT, Miami, FL 33145 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1949 with 1,195 square feet of living space on a 7,000 square foot lot. The property is currently owned by ROBERTO ALVAREZ-PEREZ & ALVARO E MIRANDA, 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 1993-04-01 for $98,000. The property has appreciated $38,000 (63%) since the prior sale of $60,000 on 1979-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $160,206 with a market value of $630,336. This breaks down to $497,000 for the land and $133,336 for the building. The assessed value increased 3% from $155,691 in 2024.

The property has the following tax exemptions: homestead. 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 $77,772, and the median home value is $545,400. The population density is 10,553 people per square mile. 1940 SW 32 CT, Miami, FL 33145 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 1978 to 1993, with 3 recorded transactions in the public record. The current assessed value represents 163% 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 $82 per square foot — a key metric for comparing value across Miami's real estate market..