151 NE 40th St, Miami, FL 33137 Property Records

Miami-Dade County property record for 151 NE 40th St, Miami, FL 33137

Property Summary

Property Type	Wholesale Outlet, Discount Store (Franchise)
Details	8,945 sqft · built 2017
Lot Size	0.152 acres (6,625 sqft)
Owner	Owner Name on File
Last Sale	$5,500,000 (Feb 2011)
Tax Bill	$138,640 (2023)
Deeds & Mortgages	Feb 2020 Loan Modification Aug 2018 Loan Modification + 1 more
Flood Zone	Zone X (minimal risk)
APN	`01-3124-048-0060`

Property Details

APN / Parcel Number

Primary APN	`01-3124-048-0060`

Interior

Stories	2 Stories
Building Area	8,945 sqft Total Area
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 2017
Exterior Material	Stucco
Construction Type	Concrete
Roof Type	Rigid Frame Bar Joist
Roof Material	Tar & Gravel
Lot Area	6,625 sqft (0.152 acres)

Utilities, Heating & Cooling

Cooling System	Central

Location & Zoning

Street Address	151 NE 40TH ST
City	MIAMI
State	FL
Zip	33137-3511
Property Category	Commercial
Property Type	Commercial > Retail > Wholesale Outlet, Discount Store (Franchise)
Local Zoning Code	6101
Legal Description	BRIDGE SUBDIVISION PB 171-100 T-23542 TR F LOT SIZE 6625 SQ FT M/L FAU 01 3124 027 0060 & 0040
Legal Range	41
Legal Township	53
Legal Section	24
Legal Subdivision	BRIDGE SUBDIVISION
Legal Tract	F
Jurisdiction	DADE FL
Township / Civil Division	MIAMI
Census Block Group	3
Census Block	3018
Census Tract	2201

Owner

The current owner of 151 NE 40th St bought it in February 2011.

Source: Miami-Dade County records, as of April 1, 2024

Owner of Record	Owner Name on File
Mailing Address	3841 NE 2ND AVE STE 400, 400, MIAMI, FL 33137-3699

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Feb 28, 2020	Loan Modification, Mortgage · Line of Credit BANK OF AMERICA
Aug 30, 2018	Loan Modification, Mortgage DEUTSCHE BK AG/NY BRANCH
Jul 27, 2017	Loan Modification, Mortgage · Line of Credit DEUTSCHE BK AG

Assessor's Deed Record

Last Sale	Feb 7, 2011 · Amount on File
Deed Sale	Feb 7, 2011 · Amount on File
Prior Sale	Apr 4, 2001 · Amount on File
Deed Document Number	2011R0085025
Deed Book / Page	27579 / 1703
Record Updated	Jun 7, 2026

February 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	DADE FL
Property Address	151 NE 40TH ST, MIAMI, FL 33137-3511
Document Number	0000131925
Instrument Date	Feb 28, 2020
Transaction Type	Mortgage
Record Updated	Apr 7, 2020
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3841 NE 2ND AVE #400 MIAMI FL 331373699, 400, MIAMI, FL 33137-3699

Mortgage

Document Number	0000131925
Date	Mar 3, 2020
Book Page	031834/000088
Instrument	131925

Lender

Name	BANK OF AMERICA
Type	Bank
Address	214 N TRYON ST, CHARLOTTE, NC 28202-1078

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Mar 2, 2030

Interest

Rate Type	Adjustable Rate

August 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	DADE FL
Property Address	151 NE 40TH ST, MIAMI, FL 33137-3511
Document Number	0000529599
Instrument Date	Aug 30, 2018
Transaction Type	Mortgage
Record Updated	Apr 28, 2020
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3841 NE 2ND AVE #400 MIAMI FL 331373699, 400, MIAMI, FL 33137-3699

Mortgage

Document Number	0000529599
Date	Aug 30, 2018
Book Page	031122/000806
Instrument	529599

Lender

Name	DEUTSCHE BK AG/NY BRANCH
Type	Bank

Agreement

Amount	Amount on Record

July 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	DADE FL
Recording Date	Jul 27, 2017
Property Address	151 NE 40TH ST, MIAMI, FL 33137-3511
Book / Page	030630 / 004166
Instrument Date	May 15, 2017
Instrument	432051
Transaction Type	Mortgage
Record Updated	May 1, 2018
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3841 NE 2ND AVE #400 MIAMI FL 331373699, 400, MIAMI, FL 33137-3699

Mortgage

Document Number	0000432051
Date	Jul 27, 2017
Book Page	030630/004166
Instrument	432051

Lender

Name	DEUTSCHE BK AG
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Miami-Dade County assessment roll, as of July 1, 2023

Property Jurisdictions

Type	Name
State	Florida
County	Miami-Dade County
Municipality	Miami City
Unified School District	Dade County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2023	$138,640.00 (+6.52%)	$7,440,000 (+14.46%) Land $5,796,875 Building $1,643,125	$7,440,000 (+14.46%) Land $5,796,875 Building $1,643,125
2022	$130,159.00	$6,500,000 Land $4,637,500 Building $1,862,500	$6,500,000 Land $4,637,500 Building $1,862,500

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 151 NE 40th St in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 1979.

Source: FEMA National Flood Hazard Layer, effective January 25, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 32 policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	32 in force
Nearby Flood Claims	4 (1979–2001)
Claims Outside the SFHA	3 of 4
Most Recent Claim	Mar 2001 · other causes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 151 NE 40th St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MDWASA - MAIN SYSTEM serves 2,377,460 people · EPA ID FL4130871
Water Source	Groundwater
Last State Inspection	Dec 2023
Lead	3 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	6 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 582 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless, DSL in parts of the area	5,000 / 5,000
Xfinity Cable · Fiber in parts of the area	2,000 / 2,000
Verizon Fixed Wireless	1,000 / 75
T-Mobile Fixed Wireless	100 / 20

May also be available: Breezeline.

Nearby Properties on NE 40th St

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures