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115 Ne 40th St; Miami, FL Property Details

115 Ne 40th St, Miami, FL is a Store (Multi-story) that was built in 2014. This property is currently a cash purchase and is not for sale. Our records show that 115 Ne 40th St has a total of 7,151 square feet. The lot size of 115 Ne 40th St is 5,000 square feet.

Off market
111 NE 40th St Miami, FL 33137
$11,120,000 Estimated Value
7,151 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2014
  • Purchase Price: $27,000,000
  • Open Loans / Balance: 1 / $12,413,562
  • APN: 01-3124-027-0100
  • Situs County: Miami-Dade
  • Length Of Ownership: 11 months

Structure

  • Building Style: Concrete Block
  • Stories: 2
  • Exterior Wall Type: Concrete Block
  • Roof Type: Flat
  • Roof Cover Type: Slate
  • Patio Type: Patio

Measurements

  • Total: 7,151/SqFt
  • Lot: 5,000/SqFt
  • Gross: 7,151/SqFt
  • Living: 7,151/SqFt
  • Building: 7,151/SqFt
  • Price Per Square Foot: $3775.70

Legal Description

  • Description: 24 53 41 COMM BILTMORE PB 6-132 LOTS 21 & 22BLK 1 LOT SIZEIRREGULAR OR 20106-4121 0801 5
Building Insights

Land Information

  • Property Type: Store (multi-story)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Dade County School District
  • Lat / Lon: 25.813656 / -80.1931
  • Subdivision: Comm Biltmore
  • Property Class: Commercial
  • Zoning: 6101
  • County Use Code: 1111

Amenities

  • Plus Four: 3511
  • Cooling: Yes

Ownership Info

111 NE 40th St has no associated ownership info
111 NE 40th St has no associated ownership info.

Taxes

111 NE 40th St has 10 associated Taxes items

115 Ne 40th St, Miami, FL pays taxes in Miami-Dade County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $11,120,000. The APN we've located for 115 Ne 40th St is 01-3124-027-0100.

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Taxes
  • Assessed Value:  $11,120,000
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  01-3124-027-0100
  • Assessed Land Value:  4375000
  • Market Land Value:  4375000
  • Tax Amount:  222264.33
  • Tax Year:  2025
  • Market Value:  11120000
  • Market Year:  2025

Tax History

111 NE 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,120,000 Land Value $4,375,000 Improvement Value $6,745,000 Tax Amount $222,264.33 Change Rate -0.002266% Assessed CR Tax Rate +0.019988%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $222,769.19 Change Rate -0.188897% Assessed CR Tax Rate
Year 2023 Assessed Value $10,935,000 Land Value $3,543,750 Improvement Value $7,391,250 Tax Amount $274,649.84 Change Rate -0.081194% Assessed CR Tax Rate +0.025117%
Year 2022 Assessed Value $14,500,000 Land Value $3,500,000 Improvement Value $11,000,000 Tax Amount $298,920.41 Change Rate -0.073688% Assessed CR Tax Rate +0.020615%
Year 2021 Assessed Value $14,641,000 Land Value Improvement Value Tax Amount $322,699.41 Change Rate +0.05955% Assessed CR Tax Rate +0.022041%
Year 2020 Assessed Value $17,200,000 Land Value $3,750,000 Improvement Value $13,450,000 Tax Amount $304,562.84 Change Rate +0.033305% Assessed CR Tax Rate +0.017707%
Year 2019 Assessed Value $17,200,000 Land Value $3,750,000 Improvement Value $13,450,000 Tax Amount $294,746.25 Change Rate +0.083053% Assessed CR Tax Rate +0.017136%
Year 2018 Assessed Value $17,200,000 Land Value $3,750,000 Improvement Value $13,450,000 Tax Amount $272,144 Change Rate -0.246536% Assessed CR Tax Rate +0.015822%
Year 2017 Assessed Value $10,000,000 Land Value Improvement Value Tax Amount $361,190.62 Change Rate +2.198579% Assessed CR Tax Rate +0.036119%
Year 2016 Assessed Value $5,048,873 Land Value Improvement Value Tax Amount $112,922.21 Change Rate -0.063236% Assessed CR Tax Rate +0.022366%
Year 2015 Assessed Value $5,421,385 Land Value Improvement Value Tax Amount $120,545.02 Change Rate +2.195532% Assessed CR Tax Rate +0.022235%
Year 2014 Assessed Value $1,266,628 Land Value Improvement Value Tax Amount $37,722.99 Change Rate Assessed CR Tax Rate +0.029782%