820 W 40 ST, Miami Beach, FL 33140

820 W 40 ST, Miami Beach, FL 33140 is a 4-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1940 with 2,871 square feet of living space on a 5,500 square foot lot. The property is currently owned by MELKISEDEC II INVESTMENTS 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 2015-12-01 for $1,200,000, when BENK USA LLC sold to MELKISEDEC II INVESTMENTS LLC. The property has appreciated $1,199,900 (1199900%) since the prior sale of $100 on 2013-09-11. There are 3 recorded sales for this property.

The 2025 assessed value is $1,309,047 with a market value of $1,370,294. This breaks down to $1,210,000 for the land and $160,294 for the building. The assessed value increased 10% from $1,190,043 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. 820 W 40 ST, 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 2013 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 109% of the most recent sale price. Based on the most recent sale, this property traded at $418 per square foot — a key metric for comparing value across Miami Beach's real estate market..