18048 NW 40 PL, Miami Gardens, FL 33055

18048 NW 40 PL, Miami Gardens, FL 33055 is a 3-bedroom, 2-bathroom residential - total value : townhouse built in 1984 with 1,120 square feet of living space on a 2,600 square foot lot. The property is currently owned by JRA INVESTMENTS INC TRS, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2011-03-03 for $26,600, when DAICY & CESAR MAURY JTRS sold to JRA INVESTMENTS INC TRS. The property sold for $153,400 less than the prior sale of $180,000 on 2006-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $82,154 with a market value of $281,299. The assessed value increased 10% from $74,686 in 2024. 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 $58,950, and the median home value is $329,200. The population density is 7,909 people per square mile.

18048 NW 40 PL, Miami Gardens, FL 33055 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 2004 to 2011, with 3 recorded transactions in the public record.

The current assessed value represents 309% 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 $24 per square foot — a key metric for comparing value across Miami Gardens's real estate market..