494 W 40 PL, Hialeah, FL 33012

Parcel: 0430010081920 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$302,181

Property Details

Beds
4
Baths
3
Living Sqft
1,809
Year Built
1956
Lot Sqft
7,990
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$31,000
2008-11-04
BIENVENIDO FERNANDEZ &W CARMENJORGE FERNANDEZ &W
2
$100non-market transfer
2009-04-06
JORGE FERNANDEZ &WJORGE FERNANDEZ
3
$350,000
2018-04-02
JORGE FERNANDEZPAUL GARCIA

Tax Assessment History

$302,181
Assessed (2025)
$483,261
Market Value
$251,459
Taxable Value
$5,120
Annual Tax
2024
$293,665
$438,244
2025
$302,181
$483,261
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $302,181 $483,261 $251,459 $5,120
2024 $293,665 $438,244 $243,665 $4,961

About 494 W 40 PL, Hialeah, FL 33012

494 W 40 PL, Hialeah, FL 33012 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1956 with 1,809 square feet of living space on a 7,990 square foot lot. The property is currently owned by PAUL GARCIA ALINA F GARCIA, 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 2018-04-02 for $350,000, when JORGE FERNANDEZ sold to PAUL GARCIA. The property has appreciated $349,900 (349900%) since the prior sale of $100 on 2009-04-06. There are 3 recorded sales for this property.

The 2025 assessed value is $302,181 with a market value of $483,261. This breaks down to $311,610 for the land and $171,651 for the building. The assessed value increased 3% from $293,665 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 $542,141 recorded against this property. 494 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 2008 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $193 per square foot — a key metric for comparing value across Hialeah's real estate market..

Current Owner

PAUL GARCIA ALINA F GARCIA
494 W 40 PL, HIALEAH, FL, 33012
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,026 — $7,447
Flood $400 — $800
Property/Wind $3,626 — $6,647

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
$549,675
~$542,141 bal.
UNITED WHOLESALE MORTGAGE LLC · 2025-03-06
1 satisfied mortgage
SATISFIED 2021-03-29
$341,600
FAIRWAY INDEPENDENT MORTGAGE CORP
Est. Total Balance $542,141
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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