1440 SW 42 AVE, Miami-Dade County, FL 33134

1440 SW 42 AVE, Miami-Dade County, FL 33134 is a 24-bedroom, 12-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1947 with 10,841 square feet of living space on a 25,466 square foot lot. The property is currently owned by RDZ 2 GROUP 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 2025-03-04 for $4,875,000. There are 4 recorded sales for this property. The 2025 assessed value is $3,086,000 with a market value of $3,086,000.

This breaks down to $2,037,280 for the land and $1,048,720 for the building. The assessed value decreased 11% from $3,480,000 in 2024. The median household income in this area is $57,525, and the median home value is $377,600.

The population density is 11,643 people per square mile. The complete ownership history of this property spans from 2019 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 63% 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 $450 per square foot — a key metric for comparing value across the area's real estate market..