3540 NW 207 ST, Miami Gardens, FL 33056

Parcel: 3411330090040 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0100

Assessed Value (2025)
$475,501

Property Details

Beds
5
Baths
4
Living Sqft
2,577
Year Built
1962
Lot Sqft
7,700
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$230,600
2018-08-10
SEC OF HOUSING AND URBAN DEVTWELVE12 GLOBAL LLC
2
$265,000+15%
2018-08-10
TWELVE12 GLOBAL LLCFARVAR LLC
3
$390,000+47%
2021-01-28
FARVAR LLCFERNANDO E PALOMO

Tax Assessment History

$475,501
Assessed (2025)
$490,396
Market Value
$424,779
Taxable Value
$8,648
Annual Tax
2024
$456,186
$463,960
2025
$475,501
$490,396
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $475,501 $490,396 $424,779 $8,648
2024 $456,186 $463,960 $406,186 $8,270

About 3540 NW 207 ST, Miami Gardens, FL 33056

3540 NW 207 ST, Miami Gardens, FL 33056 is a 5-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1962 with 2,577 square feet of living space on a 7,700 square foot lot. The property is currently owned by FERNANDO E PALOMO CARMEN ALVAREZ, 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 2021-01-28 for $390,000, when FARVAR LLC sold to FERNANDO E PALOMO. The property has appreciated $159,400 (69%) since the prior sale of $230,600 on 2018-08-10. There are 3 recorded sales for this property.

The 2025 assessed value is $475,501 with a market value of $490,396. This breaks down to $182,400 for the land and $307,996 for the building. The assessed value increased 4% from $456,186 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $70,986, and the median home value is $341,600. The population density is 6,179 people per square mile. There are active mortgage liens totaling $25,091 recorded against this property.

3540 NW 207 ST, Miami Gardens, FL 33056 is located in Miami Gardens, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Gardens property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2018 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 122% 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 $151 per square foot — a key metric for comparing value across Miami Gardens's real estate market..

Current Owner

FERNANDO E PALOMO CARMEN ALVAREZ
3540 NW 207 ST, MIAMI GARDENS, FL, 33056
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,106 — $11,261
Flood $400 — $800
Property/Wind $5,706 — $10,461

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$70,986
Median Home Value$341,600
Pop. Density6,179/sq mi

Neighborhood 33056

64.9%
Owner-Occ
35.1%
Investor
226
Flips (4yr)
2,349
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →

Mortgages

ACTIVE
$26,517
~$25,091 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2022-02-09
1 satisfied mortgage
SATISFIED 2021-02-09
$376,983
GUARANTEED RATE INC
Est. Total Balance $25,091
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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