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40 SW River Dr, Miami FL 33130

Commercial Recently Sold
$9,500,000

BTC: 148.43750000

ETH: 5,441.00801833

Sold on: 2021-05-27
5 days
Waterfront
0 room(s)

Overview

Amazing new river front building with approximately 22,000 SF (leasable space) and 200' directly on the water, Perfectly suited for multi-use entertainment and restaurant space or state of the art office/retail. Originally designed for a high end restaurant brand. Situated in the heart of Miami's riverfront food and entertainment district between W. Flagler and SW 1 St bridges with terrific street view exposure.

Location

Florida • Miami • 33130 • Commercial • Recently Sold • Waterfront

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
No Data
Lot:
12203 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,024,500
$350K – $6.7M
Confidence Low
List vs. estimate
$9.9M above estimate
List $10,900,000 · +963.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $484K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$22,717
Waterfront
River
All facts and features

  • Lot

    • Lot: 12203 Square Feet

    Other Property Information

    • Parcel Number: 01-41-37-036-0080

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $22,717

  • Source details

    • MLS ID: A11044942

    Other facts

    • Waterfront: Yes

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33130
587
median $639K
Active
Same city
Miami
12,162
median $650K
Active
Same type
Commercial
1,157
median $1.3M
Active
Similar price
$7.6M – $14.2M
231
median $9.8M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Global Investments Realty