240 W 40 PL, Hialeah, FL 33012

240 W 40 PL, Hialeah, FL 33012 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1952 with 1,269 square feet of living space on a 6,144 square foot lot. The property is currently owned by YAREMI ALVAREZ, 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 2012-10-17 for $95,000, when GERARDO DIAZ sold to YAREMI ALVAREZ. The property has appreciated $40,000 (73%) since the prior sale of $55,000 on 1986-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $329,996 with a market value of $386,647. This breaks down to $267,264 for the land and $119,383 for the building. The assessed value increased 10% from $299,997 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. 240 W 40 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 1978 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 347% 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 $75 per square foot — a key metric for comparing value across Hialeah's real estate market..