Miami-Dade County  »  33140  »  W 40th St  »  228 W 40th St

228 West 40th Street, Miami Beach, FL 33140 - Property report

Also known as: 228 W 40th St

Property image for 228 West 40th Street, Miami Beach, FL 33140
static Mapbox map

Property type

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

Year built

2007

Acreage

0.505

Sale price

$85,000,000

General information

Unlock this property report with a free account

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
228 West 40th Street
ZIP code
33140
County
Miami-Dade
Municipality
02
Neighborhood
023226001
Parcel ID
0232260011890
Qualifier

Owner

Find out who owns 228 West 40th Street, Miami Beach, FL 33140. Uncover corporate and individual owners with a free account.

Sales
Sale date
12/07/2012
Sale price
$85,000,000
Arm's length
Tax
Tax year
2025
Current property tax
$229,758
Building
Property type
Mixed Use-Store/Residential: Mixed Use - Commercial (1229)
Building sq. ft.
76,476
Buildings on lot
1
Stories
5
Year built
2007
Lot
Total sq. ft.
76,476
Acreage
0.505
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
55 /100.  Good Transit
Bike score
71 /100.  Very Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 228 West 40th Street, Miami Beach, FL

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

Sales history for 228 West 40th Street, Miami Beach, FL 33140

Sale date Sale price Buyer name Seller name
12/07/2012 $85,000,000 XXXXX XXX XXXXX XXXXX XXX XXXXX XX XXX XXX XXX
04/21/2004 $2,147,546 XXXXX XX XXX XXX XXX XXXXXXX XXXXX XXXX XXXX
10/23/2001 $1,000,100 XXXXXXXX XXX XXX XXXXXXXX, XXXXXXX XXX XX

*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 #
07/11/2018 - D
07/11/2018 - R
Notice of Commencement XX XXXXX XXXXX XXX
12/07/2012 - D
12/07/2012 - R
Deed XXXXX XX XXX XXX XXX XXXXX XXX XXXXX XXXXX XXX
04/21/2004 - R Warranty Deed XXXXXXX XXXXX XXXX XXXX XXXXX XX XXX XXX XXX
10/23/2001 - R Deed XXXXXXXX, XXXXXXX XXX XX XXXXXXXX XXX XXX
08/05/1994 - R Quit Claim Deed XXXXXXXX, XXXXXXXXX & XXXXXXXXX XXX XXXXXX XXXXX XXX XX XX
06/10/1994 - R Quit Claim Deed XXXXXXXX, XXXXXXXXX XXX XXXXXX XXXXX XXX XX XX
06/02/1994 - R Quit Claim Deed XXXXX, XXXXXXXXX XXXXXXXX, XXXXXXXXX XXX
06/02/1994 - R Quit Claim Deed XXXXX, XXXXX XXXXXXXX, XXXXXXXXX XXX
06/02/1994 - R Quit Claim Deed XXXXX, XXXXXX XXXXXXXX, XXXXXXXXX XXX
06/02/1994 - R Quit Claim Deed XXXXX, XXXXXXX XXXXXXXX, XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 228 West 40th Street, Miami Beach, FL

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

Current property tax
Tax year
2025
Property tax
$229,758
Recent tax assessments
Market value
$12,247,175
Land value
$5,500,000
Building value
$6,747,175
Assessed value
$12,247,175

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 $12,247,175 $12,247,175 18.7601 $229,758 -0.81%
2024 $12,326,568 $12,326,568 18.7913 $231,632 +2.24%
2023 $11,988,839 $11,988,839 18.8967 $226,549 -0.05%
2022 $12,063,436 $12,063,436 18.7893 $226,664 +3.25%
2021 $11,369,951 $11,369,951 19.3081 $219,532 -9.54%
2020 $12,535,920 $12,364,117 19.3596 $242,690 +11.42%
2019 $11,240,107 $11,240,107 19.3785 $217,816 +2.48%
2018 $11,303,199 $11,303,199 18.8042 $212,548 -1.80%
2017 $11,366,291 $11,366,291 19.043 $216,448 +10.78%
2016 $10,058,972 $10,058,972 19.4244 $195,389 +3.35%

Permit information for 228 West 40th Street, Miami Beach, FL

No recently recorded permits for this property.

Miami Beach residential market stats

Access a detailed real estate market overview of Miami Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami Beach and compare it to other neighborhoods in Miami-Dade.

Median sale price

$620,000

7.9% Y-o-Y

Median price/sq. ft.

$622

-4.5% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami Beach and see how their prices compare.

Demographics by ZIP code

Total population
20,342
Median age
40.2
Average household income
$204,815
Family households
53.2%
People per household (average)
2.31
Occupied housing units
8,728
Owner-occupied units
57.8%
Median year structure built
1968
Median value mortgaged units
$1,043,600
Median value unmortgaged units
$743,100

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
AE

Transportation

Daily traffic map

Access the detailed traffic volume map for 228 West 40th Street, Miami Beach, FL 33140 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 228 West 40th Street, Miami Beach, FL 33140?

The development at 228 West 40th Street, Miami Beach, FL 33140 was built in 2007.

What is the market value of 228 West 40th Street, Miami Beach, FL 33140?

The current market value of 228 West 40th Street, Miami Beach, FL 33140 is $12,247,175.

What is the total square footage of 228 West 40th Street, Miami Beach, FL 33140?

228 West 40th Street, Miami Beach, FL 33140 has a total of 76,476 square feet.

What is the price per square foot for this property?

$1,111 per square foot is the price for 228 West 40th Street, Miami Beach, FL 33140.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account