Taxes
- Assessed Value: $7,442,226
- Assessed Year: 2025
- Assessed County: Miami-Dade
- APN: 01-3124-027-0070
- Market Land Value: 10937500
- Tax Amount: 163301.47
- Tax Year: 2024
- Market Value: 12200000
- Market Year: 2025
127 Ne 40th St; Miami, FL Property Details
Off market • Pre Probate ✓
123 NE 40th St Miami, FL 33137
$7,442,226 Estimated Value
10,625 SqFt
Property Type
Store (Multi-story)Property Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1952
- APN: 01-3124-027-0070
- Situs County: Miami-Dade
Structure
- Building Style: Concrete Block
- Stories: 1
- Exterior Wall Type: Concrete Block
- Roof Type: Bowstring Truss
Measurements
- Total: 10,625/SqFt
- Lot: 12,500/SqFt
- Gross: 10,625/SqFt
- Living: 10,625/SqFt
- Building: 10,625/SqFt
- Ground: 10,625/SqFt
Legal Description
- Description: COMM BILTMORE PB 6-132 LOTS 16 THRU 20 BLK 1 LOT SIZE 125.000 X 100
Building Insights
Land Information
- Property Type: Store (multi-story)
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Dade County School District
- Lat / Lon: 25.813663 / -80.193
- Subdivision: Comm Biltmore
- Property Class: Commercial
- Zoning: 6101
- County Use Code: 1111
Amenities
- Cooling: Yes
Ownership Info
123 NE 40th St has no associated ownership info
123 NE 40th St has no associated ownership info.
Taxes
123 NE 40th St has 9 associated Taxes items
127 Ne 40th St, Miami, FL pays taxes in Miami-Dade County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $7,442,226. The APN we've located for 127 Ne 40th St is 01-3124-027-0070.
Unlock the full reportTax History
123 NE 40th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $7,442,226 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $6,765,660 | Land Value | Improvement Value | Tax Amount $163,301.47 | Change Rate -0.021515% | Assessed CR | Tax Rate +0.024137% |
| Year 2023 | Assessed Value $6,150,600 | Land Value | Improvement Value | Tax Amount $166,892.14 | Change Rate +0.172488% | Assessed CR | Tax Rate +0.027134% |
| Year 2022 | Assessed Value $5,591,455 | Land Value | Improvement Value | Tax Amount $142,340.17 | Change Rate -0.029502% | Assessed CR | Tax Rate +0.025457% |
| Year 2021 | Assessed Value $5,083,141 | Land Value | Improvement Value | Tax Amount $146,667.12 | Change Rate +0.009265% | Assessed CR | Tax Rate +0.028854% |
| Year 2020 | Assessed Value $11,200,000 | Land Value $9,375,000 | Improvement Value $1,825,000 | Tax Amount $145,320.75 | Change Rate -0.003199% | Assessed CR | Tax Rate +0.012975% |
| Year 2019 | Assessed Value $12,000,000 | Land Value $9,375,000 | Improvement Value $2,625,000 | Tax Amount $145,787.16 | Change Rate +0.04548% | Assessed CR | Tax Rate +0.012149% |
| Year 2018 | Assessed Value $12,600,000 | Land Value $9,375,000 | Improvement Value $3,225,000 | Tax Amount $139,445.2 | Change Rate +0.014667% | Assessed CR | Tax Rate +0.011067% |
| Year 2017 | Assessed Value $3,493,070 | Land Value | Improvement Value | Tax Amount $137,429.5 | Change Rate +0.063865% | Assessed CR | Tax Rate +0.039343% |
| Year 2016 | Assessed Value $3,175,519 | Land Value | Improvement Value | Tax Amount $129,179.48 | Change Rate +0.004274% | Assessed CR | Tax Rate +0.04068% |
| Year 2015 | Assessed Value $2,886,836 | Land Value | Improvement Value | Tax Amount $128,629.72 | Change Rate +0.437021% | Assessed CR | Tax Rate +0.044557% |
| Year 2014 | Assessed Value $2,254,744 | Land Value | Improvement Value | Tax Amount $89,511.34 | Change Rate | Assessed CR | Tax Rate +0.039699% |