NOT LISTED FOR SALE

35 NE 40th St Miami, FL 33137

Miami Design District Neighborhood

Estimated Value: $54,898,188

Studio
-- Bath
2,500 Sq Ft
$21,959/Sq Ft Est. Value

About This Home

As of August 2013

Prime 2,500 SQ FT modern retail space right on 40th street in the heart of the Miami Design District. Gorgeous brick façade building, key fob entry, modern open space with concrete floors and much more! Adjacent to exquisite restaurant Oak Tavern, retail shops, design showrooms. Walking distance to Midtown Miami and just off I-95.

Last Agent to Rent the Property

Vita Simanavicius

Douglas Elliman Listed on: 03/11/2013

Douglas Elliman

Last Renter's Agent

Barbara Ter Horst

MMLS Assoc.-Inactive Member License #3235344

MMLS Assoc.-Inactive Member

Property Details

Property Type

  • Other

Year Built

  • Built in 1969

Lot Details

  • 2,500 Sq Ft Lot
  • Property is zoned 61/COMME

Flooring

  • Concrete Flooring

Parking

  • 5 Parking Spaces
  • Assigned Parking

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-027-0180

Property Details

Property Type

Other

Year Built

Built in 1969

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1969
  • Property Sub Type: Lease
  • Business Type: Office Space, Retail Space
  • Directions: FROM I-95 GET OFF IN NORTH MIAMI AVE THEN TURN LEFT TO ON RAMP.
  • Horses: No
  • New Construction: No
  • Structure Type: Lease
  • LastStatus: Pending
  • CurrentPrice: 20000
  • InternetRemarks: Prime 2,500 SQ FT modern retail space right on 40th street in the heart of the Miami Design District.
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring: Concrete
  • Possible Use: Unknown/Withheld

Exterior Features

  • Roof: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 5

Utilities

  • Electric: Other Electric
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-24-027-0180
  • Current Use: Commercial Lease
  • Lot Size Sq Ft: 2500
  • Zoning: 61/COMME

Multi Family

  • Number Of Units In Community: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Bought by
Current Estimated Value
$54,898,188

Purchase Details

Closed on
Mar 16, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2004
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$21,650,000 None Listed On Document
$28,000,000 First American Title Ins Co
$2,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2013 08/01/13 Rented $20,000 +11.1% --
06/21/2013 06/21/13 Under Contract -- -- --
03/11/2013 03/11/13 For Rent $18,000 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $443,918 $22,209,457 $19,720,000 $2,489,457
2024 $454,372 $22,232,264 $19,720,000 $2,512,264
2023 $454,372 $22,103,675 $19,720,000 $2,383,675
2022 $205,582 $9,817,624 $0 $0
2021 $189,628 $9,680,000 $0 $0
2020 $261,256 $12,871,100 $8,750,000 $4,121,100
2019 $256,437 $12,871,100 $8,750,000 $4,121,100
2018 $260,524 $12,871,100 $8,750,000 $4,121,100
2017 $252,391 $11,442,442 $0 $0
2016 $263,095 $12,054,440 $0 $0
2015 $144,889 $3,633,305 $0 $0
2014 $99,838 $3,303,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Landlord's Agent in 2013

    Vita Simanavicius

    Douglas Elliman

    Section Image

  • B

    Tenant's Agent in 2013

    Barbara Ter Horst

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1759224

MIAMI REALTORS® MLS

APN: 01-3124-027-0180

Florida Miami/Dade County Miami 33137 Miami Design District

35 NE 40th St, Miami, FL

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