Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8966 SW 40Th St Miami, FL 33165

    For Sale
    $16,750,000

    Mixed Use - Miami, FL

    Type:Mixed Use
    Days on Market:
    102
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 8966 SW 40Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    6061
    APN
    30-40-21-003-0120

    Building Details

    Architectural style
    Other

    One Sothebys International Realty (305) 779-2430 [email protected]

    Listing agent Barbara Elmir (305) 779-2430 License #3192417

    Listing date Sep 4, 2025

    MLS# A11870725 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Mixed-Use Building on Bird Road

    This new construction Class "A" building is located on the Bird Road Corridor, west of the Palmetto Expressway. The 4-story structure offers 45,829 square feet of versatile space suitable for retail, office, or medical use. The first floor includes 3,021 square feet of retail space, while the second through fourth floors provide 12,808 square feet of office space. A 24,127 square foot parking area includes a 43-space garage, expandable to 80 spaces with valet service. The building also features a 1,500 square foot covered canopy on the roof. The location benefits from high visibility, with over 60,000 daily traffic count. Multiple side-seen faces provide signage exposure of 100x50 feet. XL stainless finish elevators are suitable for stretchers or medical equipment. Potential uses include primary care, urgent care, imaging, labs, social services, or a Corporate Business Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3404
    Latitude
    25.732711

    Nearby Similar for Sale

    • $2,350,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Qualified Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2Nd St, Miami, FL 33161
      View Details
    • New
      $3,775,000

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • New
      $3,775,000
      7,000 SF

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - New construction mixed-use building with retail, office, and parking.
    Where is this mixed-use property located?
    The property is located at 8966 SW 40Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $16,750,000.
    What are key features of this property?
    This property features: - High-traffic location on Bird Rd Corridor with 60k+ daily traffic count.; - Versatile space suitable for retail, office, or medical use.; - New Class "A" construction.
    (305) 779-2430
    Request Owner's contact information
    8966 SW 40Th St Miami, FL 33165
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8966 SW 40Th St
    Miami, FL 33165
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8966 SW 40Th St Miami, FL 33165
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.