11240 SW 40 TER, Tamiami, FL 33165

Parcel: 3040190012510 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$404,948

Property Details

Beds
3
Baths
2
Living Sqft
968
Year Built
1955
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2020-04-17
LORENZA M JINRIGHT DEBRA JINRIGHT
2
$350,000
2022-08-26
DEBRA JINRIGHT TOGADO LLC
3
$350,000
2022-08-31
4
$499,000+43%
2023-02-06
TOGADO LLCJOSE LUIS MORA
5
$499,000
2023-02-14

Tax Assessment History

$404,948
Assessed (2025)
$408,495
Market Value
$354,226
Taxable Value
$7,212
Annual Tax
2024
$393,536
2025
$404,948
$408,495
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $404,948 $408,495 $354,226 $7,212
2024 $393,536 $393,536 $343,536 $6,994

About 11240 SW 40 TER, Tamiami, FL 33165

11240 SW 40 TER, Tamiami, FL 33165 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1955 with 968 square feet of living space on a 7,500 square foot lot. The property is currently owned by JOSE LUIS MORA MARITE FAJARDO, 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 2023-02-14 for $499,000. There are 5 recorded sales for this property. The 2025 assessed value is $404,948 with a market value of $408,495.

This breaks down to $315,000 for the land and $93,495 for the building. The assessed value increased 3% from $393,536 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $98,810, and the median home value is $475,700. The population density is 7,065 people per square mile. There are active mortgage liens totaling $456,716 recorded against this property.

11240 SW 40 TER, Tamiami, FL 33165 is located in Tamiami, Florida. Property records, tax assessments, sales history, and ownership information for this Tamiami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2020 to 2023, with 5 recorded transactions in the public record.

The current assessed value represents 81% of the most recent sale price. There is 1 active building permit on this property with a combined estimated cost of $11,200, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $515 per square foot — a key metric for comparing value across Tamiami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2026099233 building A $11,200

Current Owner

JOSE LUIS MORA MARITE FAJARDO
11240 SW 40 TER, MIAMI, FL, 33165
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,259 — $9,708
Flood $400 — $800
Property/Wind $4,859 — $8,908

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$98,810
Median Home Value$475,700
Pop. Density7,065/sq mi

Neighborhood 11240

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$474,050
~$456,716 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2023-02-14
1 satisfied mortgage
SATISFIED 2022-08-31
$320,000
DADDY MANAGEMENT GROUP LLC
Est. Total Balance $456,716
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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