40 NW 121 ST, North Miami, FL 33168

Parcel: 0621250152420 · Residential - Single Family · 1 Unit · Zoning: 0400

Assessed Value (2025)
$345,550

Property Details

Beds
3
Baths
1
Living Sqft
1,438
Year Built
1950
Lot Sqft
6,840
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2022-02-08
SHAWNDALE R PORTER EST OFALEXIA PORTER
2
$350,100
2024-05-02
ALEXIA PORTERKENNIT LLC
3
$350,100
2024-05-03
4
$525,000+50%
2025-10-10
KENNIT LLCJAVIER VACAS
5
$525,000
2025-10-24

Tax Assessment History

$345,550
Assessed (2025)
$345,550
Market Value
$345,550
Taxable Value
$7,035
Annual Tax
2024
$232,225
$345,811
2025
$345,550
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $345,550 $345,550 $345,550 $7,035
2024 $232,225 $345,811 $232,225 $4,728

About 40 NW 121 ST, North Miami, FL 33168

40 NW 121 ST, North Miami, FL 33168 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1950 with 1,438 square feet of living space on a 6,840 square foot lot. The property is currently owned by JAVIER VACAS SHEREZADE M VACAS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-10-24 for $525,000. There are 5 recorded sales for this property. The 2025 assessed value is $345,550 with a market value of $345,550.

This breaks down to $205,200 for the land and $140,350 for the building. The assessed value increased 49% from $232,225 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $81,250, and the median home value is $384,600. The population density is 6,296 people per square mile.

There are active mortgage liens totaling $486,841 recorded against this property. 40 NW 121 ST, North Miami, FL 33168 is located in North Miami, Florida. Property records, tax assessments, sales history, and ownership information for this North Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2022 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 66% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $365 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

JAVIER VACAS SHEREZADE M VACAS
40 NW 121 ST, NORTH MIAMI, FL, 33168
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,546 — $8,402
Flood $400 — $800
Property/Wind $4,146 — $7,602

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$81,250
Median Home Value$384,600
Pop. Density6,296/sq mi

Neighborhood 33168

71.3%
Owner-Occ
28.7%
Investor
192
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
ELEVATED
43
View full risk analysis →

Mortgages

ACTIVE
$490,100
~$486,841 bal.
FIRSTBANK PUERTO RICO · 2025-10-24
Est. Total Balance $486,841
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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