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

905 SW 40 AVE, Miami-Dade County, FL 33134 is a 1-bedroom, 1-bathroom residential - single family : 1 unit built in 1937 with 736 square feet of living space on a 1,849 square foot lot. The property is currently owned by JOSE PENAS, 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 2007-10-01 for $159,500. The property has appreciated $59,500 (60%) since the prior sale of $100,000 on 2005-12-01. The 2025 assessed value is $105,337 with a market value of $221,882.

This breaks down to $147,920 for the land and $73,962 for the building. The assessed value increased 3% from $102,369 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 2005 to 2007, with 2 recorded transactions in the public record.

The current assessed value represents 66% 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 $217 per square foot — a key metric for comparing value across the area's real estate market..