1371 SW 40 AVE, Miami-Dade County, FL 33134

1371 SW 40 AVE, Miami-Dade County, FL 33134 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1973 with 1,560 square feet of living space on a 7,000 square foot lot. The property is currently owned by EDGAR CADENA & GLORIA SHANAHAN, 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 1993-08-01 for $120,000. There are 3 recorded sales for this property. The 2025 assessed value is $204,880 with a market value of $745,846.

This breaks down to $595,000 for the land and $150,846 for the building. The assessed value increased 3% from $199,106 in 2024. The property has the following tax exemptions: homestead.

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 1990 to 1993, with 3 recorded transactions in the public record.

The current assessed value represents 171% 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 $77 per square foot — a key metric for comparing value across the area's real estate market..