1040 NW 140 TER, North Miami, FL 33168

1040 NW 140 TER, North Miami, FL 33168 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1950 with 2,178 square feet of living space on a 7,875 square foot lot. The property is currently owned by CERANIE INVESTMENT 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 2019-06-19 for $186,000, when STEVE & MICHAEL DEHARDE sold to CERANIE INVESTMENT LLC. The property has appreciated $131,000 (238%) since the prior sale of $55,000 on 1983-06-01. The 2025 assessed value is $300,480 with a market value of $370,573.

This breaks down to $196,875 for the land and $173,698 for the building. The assessed value increased 10% from $273,164 in 2024. The median household income in this area is $55,614, and the median home value is $276,700.

The population density is 5,401 people per square mile. 1040 NW 140 TER, 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 1983 to 2019, with 2 recorded transactions in the public record. The current assessed value represents 162% 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.

There is 1 active building permit on this property with a combined estimated cost of $6,760, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $85 per square foot — a key metric for comparing value across North Miami's real estate market..