8960 SW 40 TER, Tamiami, FL 33165
Parcel: 3040210030240 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Assessed Value (2025)
$604,005
Property Details
Beds
2
Baths
2
Living Sqft
2,057
Year Built
1968
Lot Sqft
7,500
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$330,000
2015-10-30
WATERFALL YALE REO 2014 01 LLC → MIRTHA E GARCIA
2
$500,000+52%
2020-06-01
MIRTHA E GARCIA → NIKOLAS SALLES
3
$100non-market transfer
2022-12-27
NIKOLAS SALLES → 8960 8962 SW 40 TER LLC
4
N/A
2022-12-29
Tax Assessment History
$604,005
Assessed (2025)
$616,713
Market Value
$604,005
Taxable Value
$12,297
Annual Tax
2024
$549,096
$613,184
2025
$604,005
$616,713
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $604,005 | $616,713 | $604,005 | $12,297 | $315,000 | $301,713 |
| 2024 | $549,096 | $613,184 | $549,096 | $11,179 | $307,500 | $305,684 |
About 8960 SW 40 TER, Tamiami, FL 33165
8960 SW 40 TER, Tamiami, FL 33165 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1968 with 2,057 square feet of living space on a 7,500 square foot lot. The property is currently owned by 8960 8962 SW 40 TER LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 4 recorded sales for this property. The 2025 assessed value is $604,005 with a market value of $616,713. This breaks down to $315,000 for the land and $301,713 for the building.
The assessed value increased 10% from $549,096 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.
8960 SW 40 TER, 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 2015 to 2022, with 4 recorded transactions in the public record..
Current Owner
8960 8962 SW 40 TER LLC
8960 SW 40 TER, MIAMI, FL, 33165
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$7,648 — $14,088
Flood $400 — $800
Property/Wind $7,248 — $13,288
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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