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401 Nw 38th Ct; Miami, FL Property Details

401 Nw 38th Ct, Miami, FL is a Race Track that was built in 1956. This property is currently a cash purchase and is not for sale. Our records show that 401 Nw 38th Ct has a total of 306,775 square feet. The lot size of 401 Nw 38th Ct is 1,293,772 square feet.

Off market
450 NW 37th Ave Miami, FL 33125
$75,344,185 Estimated Value
306,775 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1956
  • Purchase Price: $96,000,000
  • Open Loans / Balance: 1 / $154,853,789
  • APN: 01-4105-042-0010
  • Situs County: Miami-Dade
  • Length Of Ownership: 3 years, 6 months

Structure

  • Building Style: Concrete Block
  • Floor Cover Type: Concrete
  • Stories: 3
  • Exterior Wall Type: Composition/Composite
  • Building Quality: D
  • Roof Type: Rigid Frame Bar Jt
  • Roof Cover Type: Built-up

Measurements

  • Total: 306,775/SqFt
  • Lot: 1,293,772/SqFt
  • Gross: 306,775/SqFt
  • Garage: 980/SqFt
  • Living: 306,775/SqFt
  • Building: 306,775/SqFt
  • Ground: 261,614/SqFt
  • Garage Unfinished: 980/SqFt
  • Price Per Square Foot: $312.93

Legal Description

  • Description: 5 54 41 29.7 AC AIRLINE CENTER PB 33-77 TRACT A & E200FT OF W1/2 OF NE1/4 OF NE1/4 OF SEC 5-54-41 LESS N35 FT & E880FT OF N264.91FT OF SE1/4 OF NE1/4 OF SEC 5-54-41 LESS E35FT LOT SIZE IRREGULAR
Building Insights

Land Information

  • Property Type: Race track
  • Within Flood Zone: True
  • Flood Zone: AH / High Risk
  • School District: Dade County School District
  • Lat / Lon: 25.776714 / -80.25701
  • Subdivision: Airline Center
  • Property Class: Recreational
  • Zoning: 7000
  • County Use Code: 3715

Amenities

  • Plus Four: 4041
  • Bathroom Fixtures: 219
  • Cooling: Yes
  • Garage: Garage

Ownership Info

450 NW 37th Ave has no associated ownership info
450 NW 37th Ave has no associated ownership info.

Taxes

450 NW 37th Ave has 10 associated Taxes items

401 Nw 38th Ct, 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 $75,344,185. The APN we've located for 401 Nw 38th Ct is 01-4105-042-0010.

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Taxes
  • Assessed Value:  $75,344,185
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  01-4105-042-0010
  • Assessed Land Value:  54137500
  • Market Land Value:  54137500
  • Tax Amount:  1510153.07
  • Tax Year:  2024
  • Market Value:  75344185
  • Market Year:  2025

Tax History

450 NW 37th Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $75,344,185 Land Value $54,137,500 Improvement Value $21,206,685 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,510,153.12 Change Rate -0.004577% Assessed CR Tax Rate
Year 2023 Assessed Value $73,801,676 Land Value $54,137,500 Improvement Value $19,664,176 Tax Amount $1,517,096.75 Change Rate +1.279506% Assessed CR Tax Rate +0.020556%
Year 2022 Assessed Value $29,832,572 Land Value Improvement Value Tax Amount $665,537.56 Change Rate +0.013807% Assessed CR Tax Rate +0.022309%
Year 2021 Assessed Value $29,248,216 Land Value Improvement Value Tax Amount $656,473.88 Change Rate +0.04019% Assessed CR Tax Rate +0.022445%
Year 2020 Assessed Value $34,269,908 Land Value $16,639,020 Improvement Value $17,630,888 Tax Amount $631,109.75 Change Rate +0.063769% Assessed CR Tax Rate +0.018416%
Year 2019 Assessed Value $33,703,671 Land Value $16,639,020 Improvement Value $17,064,651 Tax Amount $593,276.94 Change Rate -0.162628% Assessed CR Tax Rate +0.017603%
Year 2018 Assessed Value $33,825,985 Land Value $16,639,020 Improvement Value $17,186,965 Tax Amount $708,498.75 Change Rate +0.60922% Assessed CR Tax Rate +0.020945%
Year 2017 Assessed Value $20,692,917 Land Value Improvement Value Tax Amount $440,274.5 Change Rate +0.035258% Assessed CR Tax Rate +0.021277%
Year 2016 Assessed Value $18,811,743 Land Value Improvement Value Tax Amount $425,279.88 Change Rate +0.04743% Assessed CR Tax Rate +0.022607%
Year 2015 Assessed Value $17,101,585 Land Value Improvement Value Tax Amount $406,022.41 Change Rate +0.122462% Assessed CR Tax Rate +0.023742%
Year 2014 Assessed Value $15,546,896 Land Value Improvement Value Tax Amount $361,724.84 Change Rate Assessed CR Tax Rate +0.023267%