40 E 37 ST, Hialeah, FL 33013

Parcel: 0431060120020 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0100

Assessed Value (2025)
$626,340

Property Details

Beds
7
Baths
4
Living Sqft
3,318
Year Built
1950
Lot Sqft
8,970
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2020-10-16
PEDRO MARTELL EST OFBLANCA MARTELL
2
$100non-market transfer
2020-11-10
BLANCA MARTELLOLIVIA MARTELL PALACIOS
3
$500,000
2023-03-08
OLIVIA MARTELL PALACIOSPEG 205 LLC
4
$500,000
2023-03-24

Tax Assessment History

$626,340
Assessed (2025)
$664,256
Market Value
$626,340
Taxable Value
$12,752
Annual Tax
2024
$569,400
2025
$626,340
$664,256
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $626,340 $664,256 $626,340 $12,752
2024 $569,400 $569,400 $569,400 $11,593

About 40 E 37 ST, Hialeah, FL 33013

40 E 37 ST, Hialeah, FL 33013 is a 7-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1950 with 3,318 square feet of living space on a 8,970 square foot lot. The property is currently owned by PEG 205 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 2023-03-24 for $500,000. There are 4 recorded sales for this property. The 2025 assessed value is $626,340 with a market value of $664,256.

This breaks down to $390,195 for the land and $274,061 for the building. The assessed value increased 10% from $569,400 in 2024. The median household income in this area is $41,705, and the median home value is $358,800.

The population density is 9,546 people per square mile. There are active mortgage liens totaling $25,000 recorded against this property. 40 E 37 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 2020 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 125% 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 $151 per square foot — a key metric for comparing value across Hialeah's real estate market..

Current Owner

PEG 205 LLC
4337 E 11 AVE, HIALEAH, FL, 33013
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: THE PRIVATE EXCHANGE GROUP INC
View on Sunbiz →

Est. Annual Insurance

$7,916 — $14,579
Flood $400 — $800
Property/Wind $7,516 — $13,779

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$41,705
Median Home Value$358,800
Pop. Density9,546/sq mi

Neighborhood 33013

63.8%
Owner-Occ
36.2%
Investor
126
Flips (4yr)
4,922
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE
$25,000
0
PRESTO INSURANCE PREMIUMS INC · 2020-12-11
Est. Total Balance $25,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales