8966 SW 40th Terrace Miami FL 33165

New Construction
New Construction
Address
8966 Sw 40th Terrace, Miami, FL
Price
$ 1,550,000
Property Attributes
  • MLS#B26012052
  • TypeSingle Family
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area2500
  • NeighborhoodOLYMPIA GARDENS
  • Zip33165
  • Style
  • Year Built2026
  • Taxes$ 5373
  • Price$ 1,550,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage2054
  • Lot Size0.17 Acres
Data Source:
Beaches MLS (FL)
Property Description

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.

Elementary School Middle School High School
Banyan (Miami-Dade) Elementary School Glades (Miami-Dade) Middle School Southwest Miami High School
Price History
4/7/2026 Listed $1,550,000

General Features

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
Accessibility None
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
PostalCity Miami
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

Interior Features

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

Exterior Features

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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33165

Price
AVG $900K
$1.55M
Taxes
AVG $7,445
$5,373
Year Built
AVG 1968
2026

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