1555 W 42 PL, Hialeah, FL 33012

Parcel: 0430020720120 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 4500

Assessed Value (2025)
$1,578,460

Property Details

Beds
20
Baths
10
Living Sqft
10,375
Year Built
1987
Lot Sqft
15,000
Stories
1
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$130,000
1981-02-01
2
$250,000+92%
1984-11-01
ORLANDO L GARCIA GENERAL CONTRACTOR CORPMARIO FERRO & ELENA FERRO WIFE

Tax Assessment History

$1,578,460
Assessed (2025)
$1,850,000
Market Value
$1,578,460
Taxable Value
$32,136
Annual Tax
2024
$1,434,964
$1,742,000
2025
$1,578,460
$1,850,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,578,460 $1,850,000 $1,578,460 $32,136
2024 $1,434,964 $1,742,000 $1,434,964 $29,215

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

MARIO FERRO MARIA ELENA FERRO
9451 JOURNEY ENDS RD, CORAL GABLES, FL, 33156
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$16,184 — $29,212
Flood $400 — $800
Property/Wind $15,784 — $28,412

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 →
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