1340 SW 40 AVE, Miami-Dade County, FL 33134
Parcel: 3041080290351 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$544,612
Property Details
Beds
3
Baths
2
Living Sqft
1,436
Year Built
1979
Lot Sqft
5,400
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$46,000
1978-04-01
2
$100non-market transfer
2011-01-31
ALICIA MACHADO → ALICIA MACHADO JTRS
3
$610,000
2021-10-29
ALICIA MACHADO JTRS → KEITH BARRES
Tax Assessment History
$544,612
Assessed (2025)
$630,264
Market Value
$493,890
Taxable Value
$10,055
Annual Tax
2024
$529,264
$604,552
2025
$544,612
$630,264
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $544,612 | $630,264 | $493,890 | $10,055 | $459,000 | $171,264 |
| 2024 | $529,264 | $604,552 | $479,264 | $9,757 | $432,030 | $172,522 |
About 1340 SW 40 AVE, Miami-Dade County, FL 33134
1340 SW 40 AVE, Miami-Dade County, FL 33134 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1979 with 1,436 square feet of living space on a 5,400 square foot lot. The property is currently owned by KEITH BARRES, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2021-10-29 for $610,000, when ALICIA MACHADO JTRS sold to KEITH BARRES. The property has appreciated $609,900 (609900%) since the prior sale of $100 on 2011-01-31. There are 3 recorded sales for this property.
The 2025 assessed value is $544,612 with a market value of $630,264. This breaks down to $459,000 for the land and $171,264 for the building. The assessed value increased 3% from $529,264 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.
There are active mortgage liens totaling $462,148 recorded against this property. The complete ownership history of this property spans from 1978 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 89% of the most recent sale price.
Based on the most recent sale, this property traded at $425 per square foot — a key metric for comparing value across the area's real estate market..
Est. Annual Insurance
$5,846 — $10,603
Flood $400 — $800
Property/Wind $5,446 — $9,803
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$57,525
Median Home Value$377,600
Pop. Density11,643/sq mi
Neighborhood 33134
52.2%
Owner-Occ
47.8%
Investor
321
Flips (4yr)
14,561
New Biz (3yr)
Distress Risk
MODERATE
35
Mortgages
ACTIVE
$488,000
FBC MORTGAGE LLC · 2021-11-09
Est. Total Balance $462,148
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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