1281 W 42 ST, Hialeah, FL 33012

Parcel: 0430020560220 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5400

Assessed Value (2025)
$455,282

Property Details

Beds
6
Baths
5
Living Sqft
4,104
Year Built
1981
Lot Sqft
7,505
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$140,000
1995-06-01
2
N/Anon-market transfer
2006-02-01
3
$265,000
2014-08-27
MARIA E ACEVEDOCMG HOMES 1281 LLC

Tax Assessment History

$455,282
Assessed (2025)
$615,751
Market Value
$455,282
Taxable Value
$9,269
Annual Tax
2024
$413,893
$715,729
2025
$455,282
$615,751
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $455,282 $615,751 $455,282 $9,269
2024 $413,893 $715,729 $413,893 $8,427

About 1281 W 42 ST, Hialeah, FL 33012

1281 W 42 ST, Hialeah, FL 33012 is a 6-bedroom, 5-bathroom multifamily 2-9 units : 2 living units built in 1981 with 4,104 square feet of living space on a 7,505 square foot lot. The property is currently owned by CMG HOMES 1281 LLC, 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 2014-08-27 for $265,000, when MARIA E ACEVEDO sold to CMG HOMES 1281 LLC. There are 3 recorded sales for this property. The 2025 assessed value is $455,282 with a market value of $615,751.

This breaks down to $375,250 for the land and $240,501 for the building. The assessed value increased 10% from $413,893 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 $219,855 recorded against this property. 1281 W 42 ST, 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 1995 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 172% 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 $65 per square foot — a key metric for comparing value across Hialeah's real estate market..

Current Owner

CMG HOMES 1281 LLC
1701 W 37TH ST UNIT 3, HIALEAH, FL, 33012-4674
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$4,952 — $8,995
Flood $400 — $800
Property/Wind $4,552 — $8,195

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
View full risk analysis →

Mortgages

ACTIVE
$250,000
~$219,855 bal.
FREDERICK A SCHAFFER · 2022-12-15
Est. Total Balance $219,855
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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