1620 SW 40 AVE, Miami-Dade County, FL 33134
Parcel: 3041080320100 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3100
Assessed Value (2025)
$811,781
Property Details
Beds
8
Baths
4
Living Sqft
3,334
Year Built
1959
Lot Sqft
7,500
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS
Sales History
1
$890,000
2022-05-09
PRO INVESTORS LLC → KAMILA 917 LLC
2
$890,000
2022-05-18
3
$2,050,000+130%
2025-01-10
KAMILA 917 LLC → HEIDI R NIEMANN TRS
4
$2,050,000
2025-01-28
5
$773,700-62%
2025-04-21
HEIDI R NIEMANN TRS → MEEHAN MERRITT PROPERTIES LLC
6
$773,700
2025-04-30
Tax Assessment History
$811,781
Assessed (2025)
$811,781
Market Value
$811,781
Taxable Value
$16,527
Annual Tax
2024
$754,648
$811,781
2025
$811,781
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $811,781 | $811,781 | $811,781 | $16,527 | $600,000 | $211,781 |
| 2024 | $754,648 | $811,781 | $754,648 | $15,364 | $600,000 | $211,781 |
About 1620 SW 40 AVE, Miami-Dade County, FL 33134
1620 SW 40 AVE, Miami-Dade County, FL 33134 is a 8-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1959 with 3,334 square feet of living space on a 7,500 square foot lot. The property is currently owned by MEEHAN MERRITT PROPERTIES 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 2025-04-30 for $773,700. There are 6 recorded sales for this property. The 2025 assessed value is $811,781 with a market value of $811,781.
This breaks down to $600,000 for the land and $211,781 for the building. The assessed value increased 8% from $754,648 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. There are active mortgage liens totaling $886,942 recorded against this property. The complete ownership history of this property spans from 2022 to 2025, with 6 recorded transactions in the public record.
The current assessed value represents 105% of the most recent sale price. Based on the most recent sale, this property traded at $232 per square foot — a key metric for comparing value across the area's real estate market..
Current Owner
MEEHAN MERRITT PROPERTIES LLC
606 ARRIGONI CT, SANTA ROSA, CA, 95409
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$10,141 — $18,659
Flood $400 — $800
Property/Wind $9,741 — $17,859
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
$900,000
JPMORGAN CHASE BANK NA · 2025-01-28
Est. Total Balance $886,942
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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