1420 W 40 ST 1, Hialeah, FL 33012
Parcel: 0430020500481 · Residential · Condominium - Residential · Zoning: 5700
Assessed Value (2025)
$368,748
Property Details
Beds
3
Baths
2
Living Sqft
1,258
Year Built
1983
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$100non-market transfer
2014-01-09
GENARO D JORGE TRS → AZUL MANAGEMENT CORP TRS
2
$290,000
2018-02-05
AZUL MANAGEMENT CORP TRS → MAYKEL SANZ MARTINEZ
3
$395,000+36%
2022-01-04
MAYKEL SANZ MARTINEZ → KAREL GRILLO PENA
4
$395,000
2022-01-13
Tax Assessment History
$368,748
Assessed (2025)
$368,748
Market Value
$368,748
Taxable Value
$7,507
Annual Tax
2024
$352,715
$368,748
2025
$368,748
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $368,748 | $368,748 | $368,748 | $7,507 | $0 | $0 |
| 2024 | $352,715 | $368,748 | $352,715 | $7,181 | $0 | $0 |
About 1420 W 40 ST 1, Hialeah, FL 33012
1420 W 40 ST 1, Hialeah, FL 33012 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1983 with 1,258 square feet of living space. The property is currently owned by KAREL GRILLO PENA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2022-01-13 for $395,000. There are 4 recorded sales for this property. The 2025 assessed value is $368,748 with a market value of $368,748.
The assessed value increased 5% from $352,715 in 2024. 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.
There are active mortgage liens totaling $339,913 recorded against this property. 1420 W 40 ST 1, 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 2014 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 93% of the most recent sale price. Based on the most recent sale, this property traded at $314 per square foot — a key metric for comparing value across Hialeah's real estate market..
Current Owner
KAREL GRILLO PENA
1420 W 40 ST 1, HIALEAH, FL, 33012
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$4,087 — $7,437
Flood $400 — $800
Property/Wind $3,687 — $6,637
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$43,079
Median Home Value$238,700
Pop. Density18,368/sq mi
Neighborhood 33012
43.1%
Owner-Occ
56.9%
Investor
208
Flips (4yr)
10,385
New Biz (3yr)
Distress Risk
MODERATE
32
Mortgages
ACTIVE
$358,373
HAMILTON HOME LOANS INC · 2022-01-13
Est. Total Balance $339,913
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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