825 W 40 ST 2, Miami Beach, FL 33140

825 W 40 ST 2, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1948 with 1,033 square feet of living space. The property is currently owned by C.T.J. ASSOCIATES 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 2023-03-23 for $1,533,800, when NORMAN M GILLER EST OF sold to CTJ ASSOCIATES LLC. There are 4 recorded sales for this property.

The 2025 assessed value is $387,016 with a market value of $387,016. The assessed value increased 27% from $304,084 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $153,229, and the median home value is $1,162,800. The population density is 4,659 people per square mile.

825 W 40 ST 2, Miami Beach, FL 33140 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1998 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 25% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1485 per square foot — a key metric for comparing value across Miami Beach's real estate market..