Home in 8966 SW 40th Terrace, Miami, FL 33165 for sale with MLS# B26012052
Brand New Contemporary Jewel in Olympia Heights of Miami. 4BD/3.5BA with soaring ceilings, concrete roof, and flawless open layout. Designer European finishes, chef's kitchen with built-in appliances, and a luxe primary suite with wet bar. Resort-style pool with 350 SF covered outdoor terrace with kitchenette/bar-built for entertaining. Spacious 2-car garage. Prime location near Turnpike & Palmetto, top schools, shopping & dining. Estimated completion in ~2 months. Modern luxury done right-rare opportunity. Act fast. Disclaimer: Select images are artist renderings intended to illustrate the completed design; final finishes may vary slightly.
8966 SW 40th Terrace, Miami, FL 33165
Price
- Price:
- $1,550,000.00
- Original List Price:
- $1,550,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $754.62
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 7, 2026 2:08 pm
Rooms Distribution
- Bedrooms:
- 4
- Bathrooms Total:
- 4
- Full Bath:
- 3
- Half Bath:
- 1
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- 2 Master Baths, 2 Master Suites
Measures
- Living Area:
- 2,054 Sqft
- Built-Up Area:
- 2,870 Sqft
- Building Area Source:
- Builder
- Living Area Source:
- Builder
- Lot Size Acres:
- 0.17
Property Features
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- Private, Fenced, In Ground
- Appliances:
- Dryer, Dishwasher, Refrigerator, Washer, Cooktop, Electric Range, Oven, Electric Cooktop
- Interior:
- Closet Cabinetry, Kitchen Island, Built-in Features, Bar, Wet Bar, Storage, Bedroom Layout - Split
- Exterior:
- Barbecue, Outdoor Kitchen
- Patio and Porch:
- Patio, Porch, Patio - Open, Porch - Open, Terrace
- Windows:
- Insulated Windows, Insulated Windows
- Laundry:
- Laundry Room
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s)
- Heating
- Heating System:
- Central
- Fence:
- Fenced, Back Yard, Gate
- Property Entrance Faces:
- North
Construction
- Year Built:
- 2026
- Roof:
- Concrete, Rolled/hot Mop
- Architectural Style:
- Contemporary
- Levels:
- One
- Construction Materials:
- Stucco, CBS
- Flooring:
- Tile, Marble, Ceramic Tile, Concrete
- Number of stories:
- 1
- Structure Type:
- House
- Stories:
- 1
- Foundation Details:
- Slab
- Property Condition:
- New Construction
Taxes and Expenses
- Tax Annual Amount:
- $5,373.07
- Tax Year:
- 2025
- Tax Assessed Value:
- $315,000.00
- Property Tax Details:
- Land Only
Parking
- Parking Total Spaces:
- 2
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Attached Garage
- Parking Features:
- Driveway, Garage, Attached, Attached Garage
Utilities
- Sewer:
- Septic Tank
- Electric:
- 200+ Amp Service
- Utilities Available:
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
Community
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- OLYMPIA GARDENS
- Senior Community:
- No
- Restrictions:
- No Restrictions
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- OLYMPIA GARDENS PB 41-80 LOT 3 BLK 3 LOT SIZE 75.000 X 100 OR 14693-2211 0990 1 COC 25751-1843 06 2007 1
- Real Estate Folio Number (Parcel Number):
- 3040210030230
- Zoning:
- 5700
Public Schools Assigned
- Elementary School:
- Gateway Environmental K-8 Learning Center
- High School:
- Southwest Miami
- Middle Or Junior School:
- Glades (miami-dade)
Listing History
- Active on the market since:
- April 7, 2026
- Listing Agreement executed on:
- April 6, 2026
- Listing Status Last Changed On:
- April 7, 2026 2:08 pm
- Photos updated on:
- April 7, 2026 2:08 pm
- Last Modified:
- April 15, 2026 1:46 pm
Additional Information
- Courtesy of:
- Dade Luxury Realty LLC
- Attribution:
- Not provided
Location
- Street Name:
- 40th
- Street Number:
- 8966
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33165
- County:
- Miami-Dade
- Latitude:
- N25° 43' 55.2''
- Longitude:
- W81° 39' 32.2''
- Street Suffix:
- Terrace
- Street Direction Prefix:
- SW
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$84,086
Median Home Value
$476,100
Median Rent
$1,796/mo
Median Age
49
Population
50,471
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
50
Good
☀️ O3
45
Good
🫁 PM2.5
50
Good
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