NOT LISTED FOR SALE

9722 SW 40th St Unit 9722 Miami, FL 33165

Olympia Heights Neighborhood

Estimated Value: $5,054,233

-- Bed
-- Bath
42,253 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $1,100 $0 Per Sq Ft

Est. 459,376% increase in value since last sale

Current estimated payment $32,271/month

230 Days on Market

Highlights

  • 0.93 Acre Lot
  • No HOA
  • Ceramic Tile Flooring
  • Southwest Miami Senior High School Rated A-
  • Cooling Available
  • 1-Story Property

About This Home

As of October 2017

Office Space located on the intersection of Bird Road and SW 97th Avenue. Great exposure to 97th avenue. Space has an existing office built out and partitions in place which allow for various office configurations. FREE RENT with 3 year lease.

Last Agent to Sell the Property

Victor Abreu

All Realty Management, LLC. License #3168789 Listed on: 02/25/2017

Last Buyer's Agent

Carlos Carreras

Golden Tower Realty Group LLC License #3265692

Property Details

Property Type

  • Other

Year Built

  • Built in 1963

Lot Details

  • 0.93 Acre Lot
  • Property is zoned 6200

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceramic Tile Flooring

Parking

  • 49 Parking Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 30-40-20-002-0100

Property Details

Property Type

Other

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1963
  • Property Sub Type: Lease
  • Business Type: Office Space, Professional
  • Directions: Please use GPS.
  • Horses: No
  • Lot Size Acres: 0.93
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 1
  • Year Renovated: 1963

Interior Features

  • Flooring: Ceramic Floor
  • Number Of Buildings: 1
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Various Material(S) Roof
  • Lot Features: Shopping Center
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 49

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Individual A/C
  • Cooling Y N: Yes
  • Electric: 110 Volts Power
  • Electricity On Property: Yes
  • Security: No Fire Protection

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-40-20-002-0100
  • Current Use: Commercial Lease
  • Lot Size Sq Ft: 42253
  • Zoning: 6200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 33525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Summer Grove Llc
Bought by
Westar 97 Plaza Llc
Current Estimated Value
$5,054,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Outstanding Balance
$1,397,781
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$3,597,668

Purchase Details

Closed on
Apr 16, 2010
Sold by
Gould Clifford Newton
Bought by
Summer Grove Llc

Purchase Details

Closed on
Mar 17, 2008
Sold by
Gould Clifford Newton
Bought by
Summer Grove Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Westar 97 Plaza Llc $4,330,000 None Listed On Document
Summer Grove Llc -- Attorney
Summer Grove Llc -- Attorney
Gould Clifford Newton -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westar 97 Plaza Llc $1,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $1,100 -4.3% $0 / Sq Ft
02/25/2017 02/25/17 For Sale $1,150 -- $0 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $55,180 $4,024,035 $4,014,035 $10,000
2024 $72,300 $2,747,672 -- --
2023 $72,300 $2,497,884 $0 $0
2022 $69,767 $2,387,000 $0 $0
2021 $57,629 $2,170,000 $2,112,650 $57,350
2020 $57,740 $2,170,000 $2,112,650 $57,350
2019 $39,094 $2,270,000 $2,112,650 $157,350
2018 $0 $2,060,000 $1,774,626 $285,374
2017 $35,914 $2,032,800 $0 $0
2016 $33,525 $1,848,000 $0 $0
2015 $27,734 $1,700,725 $0 $0
2014 $27,734 $1,546,114 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victor Abreu

    Seller's Agent in 2017

    Victor Abreu

    All Realty Management, LLC.

    (786) 298-7240

    1 in this area

    5 Total Sales

    Section Image

  • C

    Buyer's Agent in 2017

    Carlos Carreras

    Golden Tower Realty Group LLC

    (305) 910-1978

    19 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10231455

MIAMI REALTORS® MLS

APN: 30-4020-002-0100

Florida Miami/Dade County Miami 33165 Olympia Heights

9722 SW 40th St Unit 9722, Miami, FL

This home is located at 9722 SW 40th St Unit 9722, Miami, FL 33165 since 25 February 2017 and is currently estimated at $5,054,233, approximately $119 per square foot. This property was built in 1963. 9722 SW 40th St Unit 9722 is a home located in Miami-Dade County with nearby schools including Olympia Heights Elementary School, Riviera Middle School, and Southwest Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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