445 W 40 ST, Miami Beach, FL 33140

445 W 40 ST, Miami Beach, FL 33140 is a federal : federal built in 1951 with 16,035 square feet of living space on a 25,875 square foot lot. The property is currently owned by U S POSTAL SERVICE % SOUTHEAST FACILITIES SERV CNTR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1989-12-01 for $735,000. The property sold for $435,000 less than the prior sale of $1,170,000 on 1980-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $5,019,236 with a market value of $5,019,236. This breaks down to $4,010,625 for the land and $1,008,611 for the building. The assessed value decreased 0% from $5,019,803 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. 445 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 1980 to 1989, with 3 recorded transactions in the public record. The current assessed value represents 683% 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 $46 per square foot — a key metric for comparing value across Miami Beach's real estate market..