11241 SW 40 ST, Tamiami, FL 33165
Parcel: 3040180940010 · Community Shopping Center · Retail Outlet · Zoning: 6061
Assessed Value (2025)
$53,240,000
Property Details
Living Sqft
349,295
Year Built
1962
Lot Sqft
1,095,970
Stories
1
COMMUNITY SHOPPING CENTER : RETAIL OUTLET
Sales History
1
$20,750,000
1998-05-01
THE CONCORD SHOPPING PLAZA → CONCORD FUND IV RETAIL LP
2
$48,432,500+133%
2007-01-01
CONCORD FUND IV RETAIL LP → EQUITY ONE CONCORD LLC
3
N/Anon-market transfer
2008-03-01
EQUITY ONE CONCORD LLC → GRI EQY (CONCORD) LLC
Tax Assessment History
$53,240,000
Assessed (2025)
$55,800,000
Market Value
$53,240,000
Taxable Value
$1,083,924
Annual Tax
2024
$48,400,000
$61,225,000
2025
$53,240,000
$55,800,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $53,240,000 | $55,800,000 | $53,240,000 | $1,083,924 | $25,645,698 | $30,154,302 |
| 2024 | $48,400,000 | $61,225,000 | $48,400,000 | $985,385 | $28,495,220 | $32,729,780 |
About 11241 SW 40 ST, Tamiami, FL 33165
11241 SW 40 ST, Tamiami, FL 33165 is a community shopping center : retail outlet built in 1962 with 349,295 square feet of living space on a 1,095,970 square foot lot. The property is currently owned by GRI EQY (CONCORD) LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 3 recorded sales for this property. The 2025 assessed value is $53,240,000 with a market value of $55,800,000. This breaks down to $25,645,698 for the land and $30,154,302 for the building.
The assessed value increased 10% from $48,400,000 in 2024. The median household income in this area is $57,197, and the median home value is $383,900. The population density is 8,133 people per square mile.
This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. There are 2 total code violations on record for this property, including 1 that have been resolved.
11241 SW 40 ST, Tamiami, FL 33165 is located in Tamiami, Florida. Property records, tax assessments, sales history, and ownership information for this Tamiami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1998 to 2008, with 3 recorded transactions in the public record.
There are 7 active building permits on this property with a combined estimated cost of $309,869, indicating ongoing construction or renovation work..
Building Permits (50)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026056274 | electrical | A | $990 | ||
| W2026100691 | plumbing | A | — | ||
| W2026100622 | electrical | A | — | ||
| C2025135819 | building | A | $162,478 | ||
| C2026080583 | electrical | A | $11,401 | ||
| C2025055394 | building | A | $70,000 | ||
| C2026027842 | building | A | $65,000 | ||
| C2026051321 | electrical | F | — | ||
| C2026021627 | building | F | $4,300 | ||
| C2025164601 | building | F | — | ||
| C2026006804 | electrical | F | $850 | ||
| C2026008800 | electrical | F | — | ||
| C2025109590 | electrical | F | $800 | ||
| C2025136911 | electrical | F | $1,550 | ||
| C2025159223 | electrical | F | — |
Showing 15 of 50 permits
Code Violations 1 open
A2026002001 open
2026-06-11
200003008891 lien
Graffiti
2000-12-13
Distress Signals
- 1 open code violation
Current Owner
GRI EQY (CONCORD) LLC
PO BOX 2539, SAN ANTONIO, TX, 78299
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$639,280 — $1,172,080
Flood $400 — $800
Property/Wind $638,880 — $1,171,280
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$57,197
Median Home Value$383,900
Pop. Density8,133/sq mi
Neighborhood 11241
100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
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