NOT LISTED FOR SALE

9726 SW 40th St Unit 9726 Miami, FL 33165

Olympia Heights Neighborhood

Estimated Value: $5,054,233

-- Bed
-- Bath
823 Sq Ft
$6,141/Sq Ft Est. Value

Highlights

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

About This Home

As of March 2019

Retail Store located on busy Bird Road and 97 Ave with over 50,000 vehicles per day. RETAIL / STORE USE ONLY. Lease rate includes all building expenses. Tenant is responsible for their own utilities. One of the best rates along all Bird Road. Don't miss out on this opportunity. 30 DAYS FREE RENT WITH 3 YEAR LEASE.

Last Agent to Rent the Property

Victor Abreu

All Realty Management, LLC. License #3168789 Listed on: 04/06/2016

Last Renter's Agent

Victor Abreu

All Realty Management, LLC. License #3168789 Listed on: 04/06/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $55,180

Year Built

  • Built in 1963

Lot Details

  • 823 Sq Ft Lot
  • Corner Lot
  • Property is zoned BU-1A

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceramic Tile Flooring

Parking

  • 48 Parking Spaces
  • Free Parking

Location

  • City Lot

Utilities

  • Cooling Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • 97 Plaza Condos

Listing and Financial Details

  • Long Term Lease Lease Term
  • Assessor Parcel Number 30-40-20-002-0100

Property Details

Property Type

Other

Est. Annual Taxes

$55,180

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Lease Term: Long Term Lease

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1963
  • Property Sub Type: Lease
  • Business Type: Retail Space
  • Directions: Take Bird Rd East to SW 97 Avenue. Property is on SW corner.
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Road Frontage Type: County Road
  • Building Stories: 1
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Possible Use: Primary
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: 97 Plaza
  • Parking Features: Free Parking
  • Total Parking Spaces: 48

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: Retail
  • Land Lease: No
  • Lot Size Sq Ft: 823
  • Zoning: BU-1A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

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
03/29/2019 03/29/19 Rented $1,100 -18.5% --
01/22/2018 01/22/18 Price Changed $1,350 0.0% $2 / Sq Ft
04/06/2016 04/06/16 For Rent $1,350 -- --
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

    Landlord's Agent in 2019

    Victor Abreu

    All Realty Management, LLC.

    (786) 298-7240

    1 in this area

    5 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10062813

MIAMI REALTORS® MLS

APN: 30-4020-002-0100

Florida Miami/Dade County Miami 33165 Olympia Heights

9726 SW 40th St Unit 9726, Miami, FL

This home is located at 9726 SW 40th St Unit 9726, Miami, FL 33165 since 06 April 2016 and is currently priced at $5,054,233. This property was built in 1963. 9726 SW 40th St Unit 9726 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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