Authorities Note that the Commercial Real Estate at the Address 5950 SW 40 St, Unincorporated Miami-Dade County, FL 33155 Sold on January 17, 2017

This is a news story only, not a listing.

It has been officially reported that the property located at 5950 SW 40 St in Unincorporated Miami-Dade County, frequently referred to as just "Miami" within zip code 33155 and with the folio number 30-0240-023-0050 sold on January 17, 2017. The sale type was recorded as "Not exposed to open-market; atypical motivation." Selling prices that have been recorded with the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date January 17, 2017 and with an amount of $415,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 5950 SW 40 St property sale one should consider other properties within its zip code 33155, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33155 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33155 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more.

Commercial properties that are currently listed in zip code 33155 can also give a representation of current market value, although it should be noted that actual selling prices are a better indicator as an asking price for any property is only that, an asking price. It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.

A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.

Update: This 5950 SW 40 St property in Unincorporated Miami-Dade County within the zip code 33155 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 4,160 adjusted square feet of building that was built in 2020 showing an effective year built (also) of 2020. This 4,160 square footage (adjusted) of building put it in the 2,500 to 5,000 square feet range. Having a lot size of 6,120 square feet, one would perhaps put it in the 5,000 to 10,000 square feet range as far as lot size. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 6900 - SEMI PROFESSIONAL OFFICE with a land use of 1813 - OFFICE BUILDING - MULTISTORY : OFFICE BUILDING. This Miami-Dade reference for zoning is believed to translate into RU-5A zoning in Unincorporated Miami-Dade County, Florida, information about which may be found here. Any such (RU-5A zoned properties) in may be found here. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Also, commercial properties have been listed for sale near this one, including 2316 SW 57th Ave, 2675 SW 69th Ct, 4705 SW 72nd Ave # 4705, 6443 Bird Rd, 6460 Bird Rd, 6463 Bird Rd, 6520 SW 24th St, 7175 SW 47th St # 201, 7180 SW 47th St, 7201 SW 40th St, and others.