3035 NW 40th St, Miami, FL 33142 — MLS photo

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3035 NW 40th St, Miami, FL 33142

Pending · Industrial

$3,290,000

3035 NW 40th St, Miami, FL 33142

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1966
Lot size
17,860 sq ft
HOA fee
—
Annual tax
$21,981

About this property

Approximately 10,000 SF warehouse in the heart of Miami’s industrial district! This property offers excellent accessibility with close proximity to major highways, Miami International Airport, and the Port of Miami. Features include high ceilings, large open floor plan, roll-up doors for loading/unloading, and ample space for storage, distribution, or light manufacturing. Currently leased through March 2025,

Property location

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3035 NW 40th St, Miami, FL 33142

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Industrial
Year built
1966
Lot size
17,860 sq ft

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$21,981
County
Miami-Dade
Days on market
361
MLS listing ID
A11888221
Listing status
Pending

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,062

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-4.0%
Gross yield
6.6%
Mortgage payment
$15,596/mo
Down payment
$822,500
Loan amount
$2,467,500
Annual NOI
$150,415

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.