1407 W 40 ST WEST, Hialeah, FL 33012

1407 W 40 ST WEST, Hialeah, FL 33012 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1983 with 1,250 square feet of living space. The property is currently owned by IRIS MARTINEZ, 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 2012-10-04 for $65,500, when RAUL MARTINEZ sold to IRIS MARTINEZ. The property sold for $69,500 less than the prior sale of $135,000 on 2011-04-08. There are 3 recorded sales for this property.

The 2025 assessed value is $99,431 with a market value of $368,748. The assessed value increased 3% from $96,629 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $43,079, and the median home value is $238,700. The population density is 18,368 people per square mile. 1407 W 40 ST WEST, 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 2007 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 152% 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 $52 per square foot — a key metric for comparing value across Hialeah's real estate market..