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8966 SW 40th Terrace Miami, FL $ 1,550,000
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$ 1,550,000 Get more info
8966 SW 40th Terrace
$ 1,550,000
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Recently Listed New Construction
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8966 SW 40th Terrace

Miami, FL, 33165
$ 1,550,000
Bedrooms4 Baths3.1 Sq 2,054

Monthly Estimate*

$ 9,544

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Single Family Home for sale in Miami, FL

for $1,550,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,054 square foot home was built in 2026 on a lot size of 0.17.

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.

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Single Family Active

Price

$ 1,550,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 5,373

Style

Lot Size

0.17

Year Built

2026

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

B26012052
Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air Ceiling Fan(s)
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Concrete Rolled/Hot Mop
Appliances Cooktop Dryer Dishwasher Electric Cooktop Electric Range Oven Refrigerator Washer
Garage Spaces 2
Patio/Porch Features Patio Porch Terrace
Architectural Style Contemporary
Pool Features Fenced In Ground Private
Construction Materials Block Stucco
Pets Allowed No Pet Restrictions Yes
Year Built 2026
Electric 200+ Amp Service
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Miami-Dade
New Construction true
Property Type Residential
Attached Garage true
Subdivision Name OLYMPIA GARDENS
Facing Direction North
Garage Y/N true
Total Rooms 3
Full Baths 3
Status Active
High School Southwest Miami
City Miami
Senior Community Y/N false
MLS Area 2500
Carport Y/N false
Elementary School Banyan (Miami-Dade)
Land Lease Y/N false
Tax Annual Amount 5373.07
Middle/Junior High School Glades (Miami-Dade)
Property Condition New Construction
Virtual Tour https://www.propertypanorama.com/8966-SW-40th-Terrace-Miami-FL-33165/unbranded
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Single Family Residence
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
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Interior
Interior Amenities Wet Bar Built-in Features Closet Cabinetry Kitchen Island Multiple Primary Suites Multiple En Suite Bathrooms Split Bedrooms Storage Bar
Flooring Concrete Ceramic Tile Marble Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows
Fireplace Y/N false
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 4
Main Level Bedrooms 4
Main Level Bathrooms 3
Total Baths 4
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Exterior
Exterior Amenities Barbecue Outdoor Kitchen Outdoor Living Area
Fencing Back Yard Fenced Gate
Parking Features Attached Driveway Garage
Lot Features < 1/4 Acre
Water Source Public
Total Parking 2
Lot Size Area 7500
Foundation Details Slab
Building Area Total 2870
Lot Size Acres 0.17
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Dmitry Asanov

Listing Agent

Affordability Calculator

$9,991
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$448
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Southwest Miami High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/7/2026 $1,550,000 Listed Price

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8966 SW 40th Terrace, Miami, FL, 33165 is a Single Family Home for sale at $1,550,000 with 2,054 sqft and a lot size of 0.17. 8966 SW 40th Terrace has 4 bedrooms, 3.1 baths, and was built in 2026. The property's zip code is 33165 which is in Miami, FL

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