8870 SW 40 ST, Tamiami, FL 33165
Parcel: 3040210000271 · Store · Retail Outlet · Zoning: 6062
Assessed Value (2025)
$3,900,000
Property Details
Living Sqft
14,526
Year Built
1984
Lot Sqft
40,094
Stories
1
STORE : RETAIL OUTLET
Sales History
1
$1,000,000
1973-09-01
2
$752,000-25%
1976-01-01
3
$377,000-50%
1983-09-01
Tax Assessment History
$3,900,000
Assessed (2025)
$3,900,000
Market Value
$3,900,000
Taxable Value
$79,401
Annual Tax
2024
$3,752,709
$3,818,930
2025
$3,900,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $3,900,000 | $3,900,000 | $3,900,000 | $79,401 | $3,808,930 | $91,070 |
| 2024 | $3,752,709 | $3,818,930 | $3,752,709 | $76,402 | $3,808,930 | $10,000 |
About 8870 SW 40 ST, Tamiami, FL 33165
8870 SW 40 ST, Tamiami, FL 33165 is a store : retail outlet built in 1984 with 14,526 square feet of living space on a 40,094 square foot lot. The property is currently owned by THE SHOPS AT BIRD RD C/O HORIZON PROPERTIES OF MIAMI, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 1983-09-01 for $377,000. The property sold for $375,000 less than the prior sale of $752,000 on 1976-01-01. There are 3 recorded sales for this property.
The 2025 assessed value is $3,900,000 with a market value of $3,900,000. This breaks down to $3,808,930 for the land and $91,070 for the building. The assessed value increased 4% from $3,752,709 in 2024.
The median household income in this area is $62,448, and the median home value is $499,400. The population density is 5,893 people per square mile. 8870 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 1973 to 1983, with 3 recorded transactions in the public record. The current assessed value represents 1034% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $26 per square foot — a key metric for comparing value across Tamiami's real estate market..
Building Permits (9)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2025113074 | electrical | F | $110 | ||
| C2024063533 | electrical | F | — | ||
| C2024016727 | mechanical | F | — | ||
| W2024015359 | electrical | F | — | ||
| W2024015786 | plumbing | F | — | ||
| W2024015750 | plumbing | F | — | ||
| C2023176379 | building | F | $280,450 | ||
| C1998137032 | building | expired | $12,760 | ||
| C1991066464 | electrical | expired | — |
Current Owner
THE SHOPS AT BIRD RD C/O HORIZON PROPERTIES OF MIAMI
18610 NW 87 AVE STE#204, HIALEAH, FL, 33015
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$39,400 — $71,000
Flood $400 — $800
Property/Wind $39,000 — $70,200
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$62,448
Median Home Value$499,400
Pop. Density5,893/sq mi
Neighborhood 33165
68.9%
Owner-Occ
31.1%
Investor
219
Flips (4yr)
5,560
New Biz (3yr)
Distress Risk
MODERATE
36
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