1561 W 40 ST 1, Hialeah, FL 33012
Parcel: 0430021490010 · Light Manufacturing · Condominium - Commercial · Zoning: 7100
Assessed Value (2025)
$237,846
Property Details
Living Sqft
1,918
Year Built
1984
LIGHT MANUFACTURING : CONDOMINIUM - COMMERCIAL
Sales History
1
$150,000
2006-04-01
2
$120,000-20%
2015-04-08
MIGUEL MAQUEIRA &W CAROL P → CARLOS A ESPINOSA
3
$100,000-17%
2018-11-01
CARLOS A ESPINOSA → BENY 1561 LLC
Tax Assessment History
$237,846
Assessed (2025)
$287,700
Market Value
$237,846
Taxable Value
$4,842
Annual Tax
2024
$216,224
$287,700
2025
$237,846
$287,700
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $237,846 | $287,700 | $237,846 | $4,842 | $0 | $0 |
| 2024 | $216,224 | $287,700 | $216,224 | $4,402 | $0 | $0 |
About 1561 W 40 ST 1, Hialeah, FL 33012
1561 W 40 ST 1, Hialeah, FL 33012 is a light manufacturing : condominium - commercial built in 1984 with 1,918 square feet of living space. The property is currently owned by BENY 1561 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 2018-11-01 for $100,000, when CARLOS A ESPINOSA sold to BENY 1561 LLC. The property sold for $20,000 less than the prior sale of $120,000 on 2015-04-08. There are 3 recorded sales for this property.
The 2025 assessed value is $237,846 with a market value of $287,700. The assessed value increased 10% from $216,224 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. 1561 W 40 ST 1, 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 2006 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 238% 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 $52 per square foot — a key metric for comparing value across Hialeah's real estate market..
Current Owner
BENY 1561 LLC
220 SW 167 AVE, PEMBROKE PINES, FL, 33027
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$2,778 — $5,081
Flood $400 — $800
Property/Wind $2,378 — $4,281
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
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