20 W 40th Place Hialeah, FL 33012
Estimated payment $7,902/month
About This Lot
JUST STEPS FROM RENOWNED PALM AVE! THIS REZONED LOT HAS BEEN RECENTLY APPROVED FOR A FOUR STORY BUILDING PLUS TERRACE WITH 12 UNITS, TWO COMMERCIAL SPACE AND 26 PARKING SPACES. REZONED R-3-3 (MULTIPLE-FAMILY DISTRICT). PRICE IS ONLY FOR THE LOT AND PRELIMINARY PROPOSED PLANS APPROVED BY THE CITY OF HIALEAH TO OBTAIN THE REZONING. NOT PERMITS HAS BEEN OPENED. THE SAME PROJECT MUST BE DEVELOPED. HOWEVER, MAKING CHANGES IS POSSIBLE BY REQUESTING ANOTHER HEARING.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,954
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 92x132
- Property is zoned 4400
Additional Features
- City Lot
- Sewer Not Available
Community Details
- No Home Owners Association
- Andrews Park 2Nd Sec Amd Condos
- Andrews Park 2Nd Sec Amd Subdivision
Listing and Financial Details
- Assessor Parcel Number 04-31-06-028-0112
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,954 | $284,290 | -- | -- |
| 2024 | $5,714 | $258,446 | -- | -- |
| 2023 | $5,714 | $234,951 | $0 | $0 |
| 2022 | $4,088 | $213,592 | $0 | $0 |
| 2021 | $3,743 | $194,175 | $191,634 | $2,541 |
| 2020 | $5,239 | $271,106 | $268,532 | $2,574 |
| 2019 | $4,426 | $246,727 | $244,120 | $2,607 |
| 2018 | $3,748 | $197,936 | $195,296 | $2,640 |
| 2017 | $3,561 | $185,763 | $0 | $0 |
| 2016 | $5,019 | $256,682 | $0 | $0 |
| 2015 | $1,148 | $126,763 | $0 | $0 |
| 2014 | $1,167 | $125,757 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $1,390,000 | 0.0% | -- |
| 08/14/2025 08/14/25 | Pending | -- | -- | -- |
| 06/15/2025 06/15/25 | For Sale | $1,390,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $263,700 | Attorney | |
| Warranty Deed | $310,000 | Attorney | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $74,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Balloon | |
| Closed | $280,000 | Balloon | |
| Previous Owner | $200,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $155,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $285,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: MIAMI REALTORS® MLS
MLS Number: A11822705
APN: 04-3106-028-0112
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