40 SW 31 RD, Miami, FL 33129

40 SW 31 RD, Miami, FL 33129 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1948 with 2,568 square feet of living space on a 9,113 square foot lot. The property is currently owned by VICTORY HOME INTERNATIONAL LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-07-17 for $1,333,400, when FUSE 10 LLC sold to VICTORY HOME INTERNATIONAL LLC. There are 8 recorded sales for this property. The 2025 assessed value is $1,209,743 with a market value of $1,209,743.

This breaks down to $956,865 for the land and $252,878 for the building. The assessed value decreased 0% from $1,211,693 in 2024. 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 $176,188, and the median home value is $1,828,100. The population density is 3,859 people per square mile.

40 SW 31 RD, Miami, FL 33129 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 2023 to 2025, with 8 recorded transactions in the public record.

The current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $519 per square foot — a key metric for comparing value across Miami's real estate market..