1168 W 40 PL, Hialeah, FL 33012

1168 W 40 PL, Hialeah, FL 33012 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1984 with 1,287 square feet of living space on a 3,325 square foot lot. The property is currently owned by FRANKLIN TELLEZ, 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 1985-05-01 for $74,900. The property has appreciated $14,900 (25%) since the prior sale of $60,000 on 1984-04-01. The 2025 assessed value is $115,562 with a market value of $331,590.

This breaks down to $186,588 for the land and $145,002 for the building. The assessed value increased 3% from $112,306 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $56,053, and the median home value is $300,700. The population density is 16,073 people per square mile. 1168 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 available through Miami-Dade County public records. The complete ownership history of this property spans from 1984 to 1985, with 2 recorded transactions in the public record. The current assessed value represents 154% 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 $58 per square foot — a key metric for comparing value across Hialeah's real estate market..