511 W 40 PL, Hialeah, FL 33012

Parcel: 0430010081780 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$176,438

Property Details

Beds
3
Baths
2
Living Sqft
1,801
Year Built
1956
Lot Sqft
7,990
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2016-01-22
RUSSELL H HINER EST OFA LEE COOK
2
$290,000
2016-12-19
A LEE COOKMICHEL ALONSO

Tax Assessment History

$176,438
Assessed (2025)
$432,434
Market Value
$125,716
Taxable Value
$2,559
Annual Tax
2024
$171,466
$394,241
2025
$176,438
$432,434
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $176,438 $432,434 $125,716 $2,559
2024 $171,466 $394,241 $121,466 $2,473

About 511 W 40 PL, Hialeah, FL 33012

511 W 40 PL, Hialeah, FL 33012 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1956 with 1,801 square feet of living space on a 7,990 square foot lot. The property is currently owned by MICHEL ALONSO MILANYS PACHECO, 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 2016-12-19 for $290,000, when A LEE COOK sold to MICHEL ALONSO. The 2025 assessed value is $176,438 with a market value of $432,434. This breaks down to $311,610 for the land and $120,824 for the building.

The assessed value increased 3% from $171,466 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $70,586, and the median home value is $424,600.

The population density is 7,233 people per square mile. There are active mortgage liens totaling $251,491 recorded against this property. 511 W 40 PL, Hialeah, FL 33012 is located in Hialeah, Florida.

Property records, tax assessments, sales history, and ownership information for this Hialeah property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2016 to 2016, with 2 recorded transactions in the public record. The current assessed value represents 61% 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 $161 per square foot — a key metric for comparing value across Hialeah's real estate market..

Current Owner

MICHEL ALONSO MILANYS PACHECO
511 W 40 PL, HIALEAH, FL, 33012
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,517 — $4,681
Flood $400 — $800
Property/Wind $2,117 — $3,881

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$70,586
Median Home Value$424,600
Pop. Density7,233/sq mi

Neighborhood 33012

43.1%
Owner-Occ
56.9%
Investor
208
Flips (4yr)
10,385
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$267,500
~$251,491 bal.
FIRST FINANCIAL INC · 2021-05-07
Est. Total Balance $251,491
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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