9240 SW 40 TER, Tamiami, FL 33165

9240 SW 40 TER, Tamiami, FL 33165 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1958 with 3,217 square feet of living space on a 8,800 square foot lot. The property is currently owned by R MEDINA ENTERPRISES INC, 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 2011-06-03 for $224,000, when ORLANDO FERNANDEZ & sold to R MEDINA ENTERPRISES INC. The property sold for $1,000 less than the prior sale of $225,000 on 2002-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $559,286 with a market value of $660,000. This breaks down to $342,300 for the land and $317,700 for the building. The assessed value increased 10% from $508,442 in 2024.

The median household income in this area is $62,448, and the median home value is $499,400. The population density is 5,893 people per square mile. 9240 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 1994 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 250% 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 $70 per square foot — a key metric for comparing value across Tamiami's real estate market..