1555 W 42 PL, Hialeah, FL 33012
Parcel: 0430020720120 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 4500
Property Details
Sales History
Tax Assessment History
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,578,460 | $1,850,000 | $1,578,460 | $32,136 | $600,000 | $1,250,000 |
| 2024 | $1,434,964 | $1,742,000 | $1,434,964 | $29,215 | $600,000 | $1,142,000 |
About 1555 W 42 PL, Hialeah, FL 33012
1555 W 42 PL, Hialeah, FL 33012 is a 20-bedroom, 10-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1987 with 10,375 square feet of living space on a 15,000 square foot lot. The property is currently owned by MARIO FERRO MARIA ELENA FERRO, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 1984-11-01 for $250,000, when ORLANDO L GARCIA GENERAL CONTRACTOR CORP sold to MARIO FERRO & ELENA FERRO WIFE. The property has appreciated $120,000 (92%) since the prior sale of $130,000 on 1981-02-01. The 2025 assessed value is $1,578,460 with a market value of $1,850,000.
This breaks down to $600,000 for the land and $1,250,000 for the building. The assessed value increased 10% from $1,434,964 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. 1555 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 1981 to 1984, with 2 recorded transactions in the public record. The current assessed value represents 631% 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 $24 per square foot — a key metric for comparing value across Hialeah's real estate market..
Current Owner
Est. Annual Insurance
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.