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8934 SW 40th St, Miami FL 33165

Commercial Recently Sold
$7,200,000

BTC: 112.50000000

ETH: 4,123.71134021

Sold on: 2023-11-01
87 days
0 room(s)

Overview

LOCATED WITHIN THE BIRD ROAD URBAN AREA DISTRICT WITH 150’ OF FRONTAGE ON BIRD ROAD, THIS COMPLETELY REMODELED RETAIL CENTER OFFERS AN INVESTOR THE OPPORTUNITY FOR STEADY RENTAL RETURNS AND A COVERED LAND PLAY FOR FUTURE DEVELOPMENT. SITUATED BETWEEN THE FLORIDA TURNPIKE AND PALMETTO EXPRESSWAY PUTS YOU WITHIN 5 MILES OF THE UNIVERSITY OF MIAMI, FLORIDA INTERNATIONAL UNIVERSITY, SHOPS AT MERRICK PARK, TROPICAL PARK, AND MANY OTHER LOCAL LANDMARKS AND ATTRACTIONS. *** In connection with a US Bankruptcy Court Sale. Property is sold "As-Is,Where-Is" with no representations, warranties or guarantees implied by the seller and/or his professionals. Buyers must conduct their own due diligence.

Location

Florida • Miami • 33165 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1960
Lot:
30000 Square Feet
Heating:
Central Electric / Central Building A/C / Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Building A/C / Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,750,000
$1.8M – $6.7M
Confidence Low
List vs. estimate
$3.1M above estimate
List $7,900,000 · +66.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $677K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$38,989
2022
Parking
54 spaces
All facts and features

  • Heating

    • Central Electric

    • Central Building A/C

    • Central Individual A/C

    Cooling

    • Central Building A/C

    • Central Individual A/C

  • Lot

    • Lot: 30000 Square Feet

    Other Property Information

    • Parcel Number: 30-40-21-003-0130

    • Zoning: 6061

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $38,989

  • Source details

    • MLS ID: A11386617

    Other facts

    • Water Source: Public

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
33165
114
median $799K
Active
Same city
Miami
12,162
median $650K
Active
Same type
Commercial
1,157
median $1.3M
Active
Similar price
$5.5M – $10.3M
359
median $7.1M
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: Trustee Realty Inc.