Miami-Dade County  »  33140  »  W 40th St  »  424 W 40th St

424 West 40th Street, Miami Beach, FL 33140 - Property report

Also known as: 424 W 40th St

Property image for 424 West 40th Street, Miami Beach, FL 33140
static Mapbox map

Property type

Office Building - Multistory: Office Building (1813)

Year built

2020

Acreage

0.21

Sale price

$1,165,500

General information

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Address
Primary address
424 West 40th Street
ZIP code
33140
County
Miami-Dade
Municipality
02
Neighborhood
023227017
Parcel ID
0232270170770
Qualifier

Owner

Find out who owns 424 West 40th Street, Miami Beach, FL 33140. Uncover corporate and individual owners with a free account.

Sales
Sale date
06/13/2014
Sale price
$1,165,500
Arm's length
Tax
Tax year
2025
Base tax
$40,415
Building
Property type
Office Building - Multistory: Office Building (1813)
Building sq. ft.
5,139
Buildings on lot
1
Stories
2
Year built
2020
Lot
Total sq. ft.
5,139
Acreage
0.21
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
54 /100.  Good Transit
Bike score
70 /100.  Very Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 424 West 40th Street, Miami Beach, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 424 West 40th Street, Miami Beach, FL 33140

Sale date Sale price Buyer name Seller name
06/13/2014 $1,165,500 XXXXXX XXXXX XXXXXXXXXXXX XXX XXXXXXXX XXXXX XXX XX
06/20/2008 $10 XXXX XXXXX XXXX XXXXX, XXXXXXX X
12/26/2007 $990,000 XXXX, XXXXXXX XXXX XX XXX XXXX XXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
10/15/2018 - R
10/11/2018 - D
Notice of Commencement XXXXXX XXXXX XXXXXXXXXXXX XXX
06/16/2014 - R
06/13/2014 - D
Quit Claim Deed XXXXXXXX XXXXX XXX XX XXXXXX XXXXX XXXXXXXXXXXX XXX
12/20/2012 - D
12/20/2012 - R
Certificate of Title XXXXX XX XXXXXXX XX XXXXXXXX XXXXX XXX X X
06/20/2008 - R Quit Claim Deed XXXXX, XXXXXXX X XXXX XXXXX XXXX
12/26/2007 - R Deed XXXX XX XXX XXXX XXX XXXX, XXXXXXX
12/26/2007 - R Quit Claim Deed XXXX XX XXX XXXX XXX XXXX XX XXX XXXX XXX
06/08/2007 - R Certificate of Title XXXXX XX XXXXXXX XX XXXX XX XXX XXXX XXX
11/26/2003 - R Warranty Deed XXXXXXXX, XXXX XXXXX, XXXXXX X
04/15/2002 - R Mortgage XXXXXXXX, XXXX XXXXX, XXX
04/15/2002 - R Mortgage XXXXXXXX, XXXX XXXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 424 West 40th Street, Miami Beach, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Base tax
$40,415
Recent tax assessments
Market value
$2,562,224
Land value
$1,784,250
Building value
$777,974
Assessed value
$1,931,176

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $2,562,224 $1,931,176 18.7601 $40,415 +7.44%
2024 $2,456,124 $1,755,615 18.7913 $37,615 +8.78%
2023 $2,255,682 $1,596,014 18.8967 $34,579 +19.44%
2022 $1,707,069 $1,450,922 18.7893 $28,950 +13.67%
2021 $1,319,020 $1,319,020 19.3081 $25,468 +99.78%
2020 $658,498 $658,498 19.3596 $12,748 -0.10%
2019 $658,498 $658,498 19.3785 $12,761 -12.77%
2018 $777,957 $777,957 18.8042 $14,629 -9.17%
2017 $845,798 $771,787 19.043 $16,107 -22.96%
2016 $1,076,299 $1,000,080 19.4244 $20,906 +16.07%

Permit information for 424 West 40th Street, Miami Beach, FL

No recently recorded permits for this property.

Miami Beach residential market stats

Access a detailed real estate market overview of Miami Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami Beach and compare it to other neighborhoods in Miami-Dade.

Median sale price

$620,000

7.9% Y-o-Y

Median price/sq. ft.

$622

-4.5% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami Beach and see how their prices compare.

Demographics by ZIP code

Total population
20,342
Median age
40.2
Average household income
$204,815
Family households
53.2%
People per household (average)
2.31
Occupied housing units
8,728
Owner-occupied units
57.8%
Median year structure built
1968
Median value mortgaged units
$1,043,600
Median value unmortgaged units
$743,100

Risk

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FEMA flood zones

FEMA flood zones
AE

Transportation

Daily traffic map

Access the detailed traffic volume map for 424 West 40th Street, Miami Beach, FL 33140 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 424 West 40th Street, Miami Beach, FL 33140?

The development at 424 West 40th Street, Miami Beach, FL 33140 was built in 2020.

What is the market value of 424 West 40th Street, Miami Beach, FL 33140?

The current market value of 424 West 40th Street, Miami Beach, FL 33140 is $2,562,224.

What is the total square footage of 424 West 40th Street, Miami Beach, FL 33140?

424 West 40th Street, Miami Beach, FL 33140 has a total of 5,139 square feet.

What is the price per square foot for this property?

$226 per square foot is the price for 424 West 40th Street, Miami Beach, FL 33140.

Disclaimer

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