498 E 40 ST, Hialeah, FL 33013

498 E 40 ST, Hialeah, FL 33013 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1957 with 1,565 square feet of living space on a 5,520 square foot lot. The property is currently owned by JUDITH M MERAS LUGO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-05-03 for $68,000, when ARISTICLES GALLO sold to JUDITH M MERAS LUGO . The property has appreciated $67,900 (67900%) since the prior sale of $100 on 2009-02-20. There are 3 recorded sales for this property.

The 2025 assessed value is $161,336 with a market value of $417,756. This breaks down to $237,360 for the land and $180,396 for the building. The assessed value increased 3% from $156,790 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $60,873, and the median home value is $384,500. The population density is 11,602 people per square mile.

498 E 40 ST, Hialeah, FL 33013 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 2008 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 237% 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 $43 per square foot — a key metric for comparing value across Hialeah's real estate market..