Miami-Dade County  »  7004 SW 40th St

7004 Southwest 40th Street, Miami, FL 33155 - Property report

Also known as: 7004 SW 40th St

Property image for 7004 Southwest 40th Street, Miami, FL 33155
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Property type

Mixed Use-Store/Residential: Mixed Use - Commercial (1229)

Year built

2022

Acreage

2.732

Sale price

$91,363,535

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
7004 Southwest 40th Street
ZIP code
33155
County
Miami-Dade
Municipality
30
Neighborhood
304023100
Parcel ID
3040231000010
Qualifier

Owner

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Sales
Sale date
08/10/2023
Sale price
$91,363,535
Arm's length
Tax
Tax year
2025
Base tax
$1,327,445
Current property tax
$1,177,780
Building
Property type
Mixed Use-Store/Residential: Mixed Use - Commercial (1229)
Building sq. ft.
294,467
Buildings on lot
2
Stories
7
Year built
2022
Lot
Total sq. ft.
535,679
Acreage
2.732
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
87 /100.  Very Walkable
Transit score
31 /100.  Some Transit
Bike score
55 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 7004 Southwest 40th Street, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 7004 Southwest 40th Street, Miami, FL 33155

Sale date Sale price Buyer name Seller name
08/10/2023 $91,363,535 XXX XXXXXX XXX XXXXX XXXXXX XXXXX XXXXX XXX
06/09/2020 $10 XXXXX XXXXXX XXXXX XXXXX XXX XXXXXX XXXXXX XXXXX XXX
05/01/2018 $5,000,000 XXXXX XXXXXX XXXXX XXX XXXXXXXXXXX XXXXXXXX & XXXXXXXX XXXXXXXX XXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
03/10/2026 - R
03/05/2026 - D
Notice of Commencement XXX XXXXXX XXX XXXXXX XXXXXX XXXXXX
06/18/2025 - R
06/12/2025 - D
Security Instrument XXX XXXXXX XXX XXXXX XXXXX XXXX XX
04/07/2025 - R
04/02/2025 - D
Notice of Commencement XXX XXXXXX XXX
08/11/2023 - R
08/10/2023 - D
Mortgage XXX XXXXXX XXXXX XXX XXX XXXXXX XXX
08/11/2023 - R
08/10/2023 - D
Deed XXXXX XXXXXX XXXXX XXXXX XXX XXX XXXXXX XXX
06/10/2020 - R
06/09/2020 - D
Mortgage XXXXX XXXXXX XXXXX XXXXX XXX XXXXXXXX XXXX
06/10/2020 - R
06/09/2020 - D
Deed XXXXXX XXXXXX XXXXX XXX XXXXX XXXXXX XXXXX XXXXX XXX
10/26/2018 - R
10/24/2018 - D
Agreement XXXXX XXXX XXXXX XXX XXXXX XXXX XXXXX XXXXXX XXXXX XXX
05/02/2018 - R
05/01/2018 - D
Deed XXXXXXXXXXX XXXXXXXX & XXXXXXXX XXXXXXXX XXX XXXXX XXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 7004 Southwest 40th Street, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Base tax
$1,327,445
Current property tax
$1,177,780
Recent tax assessments
Market value
$78,400,000
Land value
$7,744,770
Building value
$70,655,230
Assessed value
$78,400,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $78,400,000 $78,400,000 16.9317 $1,327,445 +5.09%
2024 $74,525,000 $74,525,000 16.9487 $1,263,102 -10.22%
2023 $82,500,000 $82,500,000 17.0541 $1,406,963 +1912.66%
2022 $4,261,445 $4,000,947 17.0433 $69,906 +9.17%
2021 $3,637,225 $3,637,225 17.6056 $64,036 +11.22%
2020 $3,260,680 $3,020,006 17.6571 $57,574 +18.44%
2019 $2,745,460 $2,745,460 17.7054 $48,609 +2.55%
2018 $2,745,565 $2,472,060 17.2644 $47,401 -1.41%
2017 $2,745,670 $2,247,328 17.5107 $48,079 n/a

Permit information for 7004 Southwest 40th Street, Miami, FL

No recently recorded permits for this property.

Demographics by ZIP code

Total population
43,983
Median age
44.9
Average household income
$113,689
Family households
69.4%
People per household (average)
2.84
Occupied housing units
15,368
Owner-occupied units
64.6%
Median year structure built
1959
Median value mortgaged units
$595,000
Median value unmortgaged units
$565,100

Risk

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FEMA flood zones

FEMA flood zones
AH, X

Transportation

Daily traffic map

Access the detailed traffic volume map for 7004 Southwest 40th Street, Miami, FL 33155 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 7004 Southwest 40th Street, Miami, FL 33155?

The development at 7004 Southwest 40th Street, Miami, FL 33155 was built in 2022.

What is the market value of 7004 Southwest 40th Street, Miami, FL 33155?

The current market value of 7004 Southwest 40th Street, Miami, FL 33155 is $78,400,000.

What is the total square footage of 7004 Southwest 40th Street, Miami, FL 33155?

7004 Southwest 40th Street, Miami, FL 33155 has a total of 294,467 square feet.

What is the price per square foot for this property?

$310 per square foot is the price for 7004 Southwest 40th Street, Miami, FL 33155.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 312.

Disclaimer

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