NOT LISTED FOR SALE

51 NW 40th St Miami, FL 33127

Miami Design District Neighborhood

Estimated Value: $619,000 - $1,394,000

3 Beds
2 Baths
1,220 Sq Ft
$701/Sq Ft Est. Value

Last Sold September 18, 2014

Last sale price $300,000 $246 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $4,860/month

69 Days on Market

Highlights

  • Fruit Trees
  • Garden View
  • Porch
  • Wood Flooring
  • Sun or Florida Room
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2014

AS IS. NICE AND COZY 3 BEDROOM 2 BATH HOME LOCATED 1 BLOCK FROM MIAMI FASHION DISTRICT. NOT UPDATED///NEEDS SOME TLC. WOOD AND TILE FLOORS THROUGHOUT LIVING AREAS. HUGE CARPORT AND YARD WITH FRUIT TREES. SEPARATE BUILDING FOR STORAGE. ROOF IS 2 YEAR S NEW. GREAT AREA CLOSE TO SCHOOLS, SHOPPING, RESTAURANTS, AND MAJOR HIGHWAYS. *LOCATION-LOCATION-LOCATION*

Last Agent to Sell the Property

Ingrid Levy

United Realty Group Inc License #3286971 Listed on: 06/10/2014

Last Buyer's Agent

Ingrid Levy

United Realty Group Inc License #3286971 Listed on: 06/10/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $971

Year Built

  • Built in 1955

Lot Details

  • South Facing Home
  • Fenced
  • Fruit Trees
  • Property is zoned 0104

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Utility Room
  • Garden Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Attached Carport Spaces
  • Driveway

Outdoor Features

  • Open Patio
  • Shed
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air

Community Details

  • Princess Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-021-0370

Home Details

Home Type

Single Family

Est. Annual Taxes

$971

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I195 EXIT N. MIAMI AVE. MAKE LEFT TO NW 40 ST. MAKE LEFT. HOUSE IS ON RIGHT
  • Year Built: 1955
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Building Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Main Level Master, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Living Area: 1220.0
  • Dining Room Type: Florida Room, Laundry, Utility Room

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Porch, Shed
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other
  • Direction Faces: South
  • Patio And Porch Features: Open, Porch
  • Property Condition: Unknown
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Covered, Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 01-31-24-021-0370
  • Zoning Description: 0104

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 971.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Sep 18, 2014
Sold by
Downs Vincent M and Downs Margarita
Bought by
Nea Investments Llc
Seller's Agent
Ingrid Levy
United Realty Group Inc
Buyer's Agent
Ingrid Levy
United Realty Group Inc
List Price
$375,000
Sold Price
$300,000
Premium/Discount to List
-$75,000
-20%
Current Estimated Value
$855,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,115
Avg. Annual Appreciation
9.84%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nea Investments Llc $300,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2014 09/18/14 Sold $300,000 -20.0% $246 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $375,000 -- $307 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

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 $4,348 $156,455 -- --
2024 $3,929 $142,232 -- --
2023 $3,929 $129,302 $0 $0
2022 $3,209 $117,548 $0 $0
2021 $2,725 $106,862 $0 $0
2020 $3,960 $228,669 $159,324 $69,345
2019 $3,564 $196,839 $127,391 $69,448
2018 $3,418 $183,291 $113,742 $69,549
2017 $3,151 $115,362 $0 $0
2016 $2,970 $104,875 $0 $0
2015 $2,500 $95,341 $0 $0
2014 $979 $53,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2014

    Ingrid Levy

    United Realty Group Inc

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1293953

BeachesMLS (Greater Fort Lauderdale)

APN: 01-3124-021-0370

Florida Miami/Dade County Miami 33127 Miami Design District

51 NW 40th St, Miami, FL

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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