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

903 SW 40 AVE, Miami-Dade County, FL 33134 is a 1-bedroom, 1-bathroom residential - single family : 1 unit built in 1937 with 612 square feet of living space on a 1,849 square foot lot. The property is currently owned by NORA ESPINOSA, 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 1997-07-01 for $45,000. The 2025 assessed value is $65,834 with a market value of $221,872. This breaks down to $147,920 for the land and $73,952 for the building.

The assessed value increased 3% from $63,979 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 current assessed value represents 146% 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 $74 per square foot — a key metric for comparing value across the area's real estate market..