508 E 40th St, Hialeah FL 33013, HIALEAH, FL, 33013
Active335 days on marketListed Aug 21, 2025MLS #A11863345
About this home
508 E 40th St, Hialeah FL 33013
Nice home in Hialeah, featuring 3 bedrooms, 2 bathrooms, plus a den that can be used as an office or kids' room, nice patio with a small shed that also can be used as storage or also converted into a room. Patio has some mango trees and others. SELLER IS GIVING $5000 for closing cost with a good offer.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,312
Sqft
1947
Year built
$415
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,241 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,241/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−5.4%
$/sqft vs Hialeah actives
$415 vs $319
Days on market
335 vs 7 typical
Where $415/sqft sits among the 400 Hialeah actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Hialeah Acres
Get to know Hialeah. See the full Hialeah guide →
Hialeah Acres — neighborhood snapshot
Population
38,872
Median age
48
Median income
$44,378
Median home value
$316,338
Avg household
3
Households w/ children
3,880
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Hialeah market
$368K → $290K
Hialeah median sold, yr/yr
93.8%
Sale-to-list ratio (12 mo)
36 of 400
Hialeah actives have cut their price
Median sold price, Hialeah, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 12% below the HIALEAH 33013 median. See the full Hialeah market guide →
Paper trail
This home's history
Reality check
What actually sold near 508 E 40th St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$510,000
766 E 36th Street, Hialeah FL 33013 · same community
4 bd · 2 ba · 1,186 sqft · $430/sqft · 10 DOM
Sold · Feb ’26$510,000
766 E 36th St, Hialeah FL 33013 · same community
4 bd · 2 ba · 1,186 sqft · $430/sqft · 10 DOM
Sold · Sep ’25$558,999
771 E 35th St, Hialeah FL 33013 · same community
3 bd · 2 ba · 1,090 sqft · $513/sqft · 64 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 508 E 40th St — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 508 E 40th St — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
508 E 40th St FAQs
What would the monthly payment be for 508 E 40th St, Hialeah FL 33013?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,241/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 508 E 40th St, Hialeah FL 33013?+
The most recent tax bill on record (2024) was $7,579. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Hialeah?+
At $545,000, this home is listed about 9% above the Hialeah median of $499,900. The market section on this page shows how the area is trending.
Which schools are assigned to 508 E 40th St, Hialeah FL 33013?+
South Hialeah Elementary School (elementary), Miami Springs Middle School (middle), Miami Springs Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the HIALEAH 33013 market on paper
$545,000 is 12% below the HIALEAH 33013 median of $622,500, and at $415/sqft it sits under the Hialeah average of $488.
02None views
The none view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
335 days on market against a Hialeah median of 7 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $570,000, now $545,000 — a $25K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Carmenati Investment Group Corp · Etienne Carmenaty. MLS #A11863345.
IDX 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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