1550 W 42 ST, Hialeah, FL 33012

1550 W 42 ST, Hialeah, FL 33012 is a 11-bedroom, 10-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1984 with 5,510 square feet of living space on a 8,812 square foot lot. The property is currently owned by YOUR DREAM HOME MIAMI 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 2010-02-19 for $475,000, when ANTONIO ALVAREZ sold to YOUR DREAM HOME MIAMI LLC. The 2025 assessed value is $960,000 with a market value of $960,000. This breaks down to $352,480 for the land and $607,520 for the building.

The assessed value increased 5% from $911,391 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.

1550 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 current assessed value represents 202% 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 $86 per square foot — a key metric for comparing value across Hialeah's real estate market..