8900 SW 40 TER, Tamiami, FL 33165

Parcel: 3040210030270 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$430,844

Property Details

Beds
2
Baths
2
Living Sqft
1,489
Year Built
1960
Lot Sqft
7,500
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100,000
1987-04-01

Tax Assessment History

$430,844
Assessed (2025)
$477,340
Market Value
$430,844
Taxable Value
$8,772
Annual Tax
2024
$391,677
$435,974
2025
$430,844
$477,340
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $430,844 $477,340 $430,844 $8,772
2024 $391,677 $435,974 $391,677 $7,974

About 8900 SW 40 TER, Tamiami, FL 33165

8900 SW 40 TER, Tamiami, FL 33165 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1960 with 1,489 square feet of living space on a 7,500 square foot lot. The property is currently owned by BENIGNO MORALES BENIGNO D MORALES, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 1987-04-01 for $100,000. The 2025 assessed value is $430,844 with a market value of $477,340. This breaks down to $315,000 for the land and $162,340 for the building.

The assessed value increased 10% from $391,677 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.

8900 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 current assessed value represents 431% 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 $67 per square foot — a key metric for comparing value across Tamiami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2024150522 building F

Current Owner

BENIGNO MORALES BENIGNO D MORALES
8900 SW 40 TERR, MIAMI, FL, 33165-5306
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,570 — $10,278
Flood $400 — $800
Property/Wind $5,170 — $9,478

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
View full risk analysis →
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