Listing Courtesy of: Carlos Miranda - Fausto Commercial Realty Consultants Inc 305-961-1179
For Sale
$8,500,000 affordable loan icon Calculate Payment

40 NE 75th St Miami, FL 33138

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Land Residence
1.1 Acre Lot

Property Activity

Time on Site
320 days
Days on Market
Views
16
Saves
0
Last updated on 1/12/2025 12:01 AM
Little River/Little Haiti 46,642 sf Exciting Development Opportunity. The site sits across from and can be integrated into one of the largest proposed development projects in Miami, an Arquitectonica-designed $2.6B mega projects covering 65 acres and meants to re-viatalzie this whole part of town. ... The project would include over 5,000 residential units, sprawling retail amenities and 700,000sf of parks and green spaces Subject site consists of 5 folios totaling 46,642sf. This is a Live Local Special, and under LL, can be taken to extreme heights and density, with the municipal density maxed at 950 units per acre, and extensive tax benefits available. Continue reading
MLS#
A11541567
Property Type
Land
Lot Size
1.1

Price History for 40 NE 75th St

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Price History provides changes in price over time for the specified property, where available.

Event Date Price Change Source
Sold5/10/2000$71,500Public Records
Sold10/30/1998$93,600Public Records
No records for the selected period of time.
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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses).
Data through 1/12/2025.

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Tax History for 40 NE 75th St

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Year Property Taxes Change Tax Assessment Change
2023$24,948
-2.47%
-2.47%$1,207,419
+26.89%
+26.89%
2022$25,580
+100.16%
+100.16%$951,519
+62.03%
+62.03%
2021$12,780
+25.52%
+25.52%$587,231
-
-
2020$10,182
+4.46%
+4.46%$587,231
+77.23%
+77.23%
2019$9,747
+29.93%
+29.93%$331,339
+15.62%
+15.62%
2018$7,502
+12.49%
+12.49%$286,565
+12.56%
+12.56%
2017$6,669
$254,585
No records available.
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Data sourced from public records, where available.

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Rental Valuation Estimate for 40 NE 75th St

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$4,100
Low Range
$5,500
High Range
$4,800
Rental Value i map pin
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Average Rental Trend
i
Average Rental Trend: The change of the estimated average monthly rental price over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
0%
Last 12 months
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Vacancy Rate
i
Vacancy Rate: The vacancy percentage, based on the number of available rental properties in the area over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
9%
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Xome ValueSM Disclosure

The Xome Value displayed in connection with a property is computer-generated by the application of various proprietary mathematical formulas and techniques using currently available local market, licensed and proprietary data. The displayed Xome Value is not prepared or provided by a licensed appraiser, does not constitute an appraisal of the subject property, and should not be relied upon as such. Data used to generate the Xome Value does not include information that could be derived from a visible inspection of the subject property and its surroundings. The condition of a property can materially affect the accuracy of a property's Xome Value. The data, and information derived from such data, in a Xome Value is provided on an "AS AVAILABLE" and "AS IS" basis and is provided for informational purposes only. Although we have attempted to provide reliable data and use reliable methodologies in providing a property's Xome Value, Xome Inc., its affiliates and their respective members, directors, officers and employees make no representations or warranties regarding the accuracy of a property's Xome Value on any specific date and expressly disclaim the obligation to update such value. All uses of the Xome Value are at the user's sole risk, and shall be for personal, non-commercial use and for no other purpose. Xome Inc., its affiliates and their respective members, directors, officers and employees are not liable for the accuracy of a property's Xome Value or any information related thereto. Your use of Xome Value must in all cases comply with all applicable laws and regulations.

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Comparable Home Sales for 40 NE 75th St

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Comparable nearby sales are a major factor used by the Xome Value® to estimate the value of a home.

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Location error icon Sorry, no content was found for this location. There are no nearby comparable home sales.
# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
Orange marker 40 NE 75th St, Miami, FL 33138 0 0 2,592 40 NE 75th St, Miami, FL 33138
0 Bd | 0 Ba | 2,592 Sqft | $3279/Sqft
# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
numbered circular icon #17630 NE 2nd Ct, Miami, FL 33138----$980,0005/31/2023003,000$327/Sqft7630 NE 2nd Ct, Miami, FL 33138
0 Bd | 0 Ba | 3,000 Sqft | $327/Sqft
$980,000
Sold: 5/31/2023
numbered circular icon #210 NW 71 Street, Miami, FL 33150----$550,00010/10/2023000N/A10 NW 71 Street, Miami, FL 33150
0 Bd | 0 Ba | 0 Sqft | N/A
$550,000
Sold: 10/10/2023
numbered circular icon #3120 NE 70th St, Miami, FL 33138----$575,0007/25/2023002,542$226/Sqft120 NE 70th St, Miami, FL 33138
0 Bd | 0 Ba | 2,542 Sqft | $226/Sqft
$575,000
Sold: 7/25/2023
numbered circular icon #4290 NE 77th St, Miami, FL 33138----$386,00012/29/2023001,717$225/Sqft290 NE 77th St, Miami, FL 33138
0 Bd | 0 Ba | 1,717 Sqft | $225/Sqft
$386,000
Sold: 12/29/2023
numbered circular icon #58801 N Miami Ave, El Portal, FL 33150----$770,0001/10/2025321,982$388/Sqft8801 N Miami Ave, El Portal, FL 33150
3 Bd | 2 Ba | 1,982 Sqft | $388/Sqft
$770,000
Sold: 1/10/2025
numbered circular icon #68211 NE 7th Ave, Miami, FL 33126----$1,650,0001/6/2025433,181$519/Sqft8211 NE 7th Ave, Miami, FL 33126
4 Bd | 3 Ba | 3,181 Sqft | $519/Sqft
$1,650,000
Sold: 1/6/2025
numbered circular icon #7729 NE 71st St, Miami, FL 33138----$1,710,00012/17/2024341,918$892/Sqft729 NE 71st St, Miami, FL 33138
3 Bd | 4 Ba | 1,918 Sqft | $892/Sqft
$1,710,000
Sold: 12/17/2024
numbered circular icon #8122-124 NW 61st St, Miami, FL 33127----$600,00012/20/2024001,710$351/Sqft122-124 NW 61st St, Miami, FL 33127
0 Bd | 0 Ba | 1,710 Sqft | $351/Sqft
$600,000
Sold: 12/20/2024
numbered circular icon #96932 N Miami Ave, Miami, FL 33150----$1,240,00010/12/2023002,430$510/Sqft6932 N Miami Ave, Miami, FL 33150
0 Bd | 0 Ba | 2,430 Sqft | $510/Sqft
$1,240,000
Sold: 10/12/2023
numbered circular icon #10788 NE 74th St, Miami, FL 33138----$1,745,0002/7/2024342,590$674/Sqft788 NE 74th St, Miami, FL 33138
3 Bd | 4 Ba | 2,590 Sqft | $674/Sqft
$1,745,000
Sold: 2/7/2024
Empty Column Median Label List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
invisible placeholder imageMedian Comparables$875,0001/18/2024002,206$370/Sqft
Median Comparables
0 Bd | 0 Ba | 2,206 Sqft | $370/Sqft
$875,000
Sold: 1/18/2024
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The Comparable Home Sales chart is produced by analyzing a data set that contains the last 5 years of property sales within 3 miles of the subject property. Each property in this data set is analyzed on multiple factors such as square footage, bedrooms, bathrooms, lot size and more to arrive at a 'Relevance Score.' Comparable properties are then ordered from most similar to least similar for comparison purposes.

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Nearby Schools for 40 NE 75th St

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Public Schools

Rating School Name Grades Distance
4 Jesse J. Mccrary, Jr. Elementary School PK-5 0.61 mi
4 Horace Mann Middle School 6-8 0.99 mi
2 Miami Edison Senior High School 9-12 1.00 mi
No records found.

Private Schools

Rating School Name Grades Distance
NR Worshiper's House Of Prayer Academy K-10 0.98 mi
NR World Mission Of Jesus Christ Christian K-8 1.16 mi
NR Achievers Academy High School 10-12 1.52 mi
NR Archbishop Curley Notre Dame High School 6-12 1.58 mi
NR El Shaddai School K-3 2.94 mi
NR Lively Stones For Jesus School Of The Future 8 2.97 mi
No records found.
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Data provided by GreatSchools.org

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

Area Statistics

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People

Zip City County National
Population 30,151 440,807 2.69M 329.73M
Population Density 7,148 12,246 1,416 93
People per Household 2.4 2.4 2.8 2.6
Median Age 40.5 39.9 40.4 38.4
Median Household Income $57,063 $47,860 $57,815 $69,021
Average Income $41,525 $34,295 $31,813 $37,638

Economy

Zip City County National
Unemployment 1.80 % 1.80 % 1.80 % 3.20 %
Recent Job Growth 2.04 % 2.04 % 2.04 % 1.40 %
Future Job Growth 59.10 % 59.10 % 59.10 % 42.20 %
Sales Tax 7.00 % 7.00 % 7.00 % 7.02 %
Income Tax 0.00 % 0.00 % 0.00 % 22.00 %
Cost of Living Index 156 137 130 100

Environment

Zip City County National
Altitude 5 7 5 2443
Rainfall (inches annually) 60.9 59.3 60.9 38.1
Snowfall (inches annually) 0.0 0.0 0.0 27.8
January Avg. Low Temp 59.3 60.6 58.5 21.7
July Avg. High Temp 89.3 89.2 89.7 85.8
Days of Precipitation Annually 131 128 130 106
Days Mostly Sunny Annually 249 248 249 205
Comfort Index (during hot weather) 6 6 6 7
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Source: Sperling's Best Places

Median Sales Price/Sq.Ft. in 33138

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Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.

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The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.

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Months of Supply in 33138

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This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.

Show: For Sale and Sold
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For Sale
Sold
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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through 1/1/2025.

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$4,800 Per Month
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Listing Courtesy of: Carlos Miranda - Fausto Commercial Realty Consultants Inc 305-961-1179

Andrea Conner, License #BK3437731, Xome Inc., License #1043756, AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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The information being provided is 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. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © 2025 MIAMI Association of REALTORS®, all rights reserved.

This content last refreshed on 1/12/2025 12:01 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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