Financial
Distress signals
Property profile

10969 40th St Miami, FL 33165

OFF-MARKET
Community centers
Property ID
US18-5914643
27,607 SF 3.24 ac lot Built 1959
Last sale May 2024 · $2,575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Westlake Plaza, a prime retail shopping center in Miami, Florida, presents a unique investment opportunity. This multi-building complex boasts a total of 43,781 square feet of retail space situated on a generous 3.24-acre lot. The property consists of five individual buildings, offering flexibility for various retail businesses. Currently, there is 10,552 square feet of vacant space available, divisible into units as small as 50 square feet, with a maximum contiguous space of 3,150 square

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$128k
Tax billed · 2023
Assessed value$15.50M
Assessed land$13.40M
Assessed improvement$2.10M
Effective rate0.83%

Value estimate

· Sep 2026
$2.58M
$2.32M – $2.83M
AI approach$2.58M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$284/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$171 – $504

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6061
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.4
Realty agency23.7
Parking Facility17.5

Location

10969 40th St Miami, FL 33165-4412
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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