1490 W 42 PL, Hialeah, FL 33012
Parcel: 0430020660020 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 4500
Assessed Value (2025)
$2,990,000
Property Details
Beds
39
Baths
32
Living Sqft
16,075
Year Built
1986
Lot Sqft
24,972
Stories
1
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS
Sales History
1
$725,000
1989-12-01
2
$100non-market transfer
2016-02-10
ANA G VENTO-IRIBAR → A G V CORPORATION
3
$4,200,000
2023-09-12
A G V CORPORATION → VC 42 PL LLC
4
$3,150,000-25%
2023-09-19
Tax Assessment History
$2,990,000
Assessed (2025)
$2,990,000
Market Value
$2,990,000
Taxable Value
$60,874
Annual Tax
2024
$3,510,000
2025
$2,990,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $2,990,000 | $2,990,000 | $2,990,000 | $60,874 | $998,880 | $1,991,120 |
| 2024 | $3,510,000 | $3,510,000 | $3,510,000 | $71,461 | $998,880 | $2,511,120 |
About 1490 W 42 PL, Hialeah, FL 33012
1490 W 42 PL, Hialeah, FL 33012 is a 39-bedroom, 32-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1986 with 16,075 square feet of living space on a 24,972 square foot lot. The property is currently owned by VC 42 PL 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 2023-09-19 for $3,150,000. The property sold for $1,050,000 less than the prior sale of $4,200,000 on 2023-09-12. There are 4 recorded sales for this property.
The 2025 assessed value is $2,990,000 with a market value of $2,990,000. This breaks down to $998,880 for the land and $1,991,120 for the building. The assessed value decreased 15% from $3,510,000 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 $2,564,730 recorded against this property.
1490 W 42 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 1989 to 2023, with 4 recorded transactions in the public record.
The current assessed value represents 95% of the most recent sale price. Based on the most recent sale, this property traded at $196 per square foot — a key metric for comparing value across Hialeah's real estate market..
Current Owner
VC 42 PL LLC
7742 N KENDALL DR 521, MIAMI, FL, 33156
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$30,300 — $54,620
Flood $400 — $800
Property/Wind $29,900 — $53,820
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
$2,800,000
BANESCO USA · 2025-05-21
Est. Total Balance $2,564,730
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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