8966 SW 40th Terrace, Miami, FL 33165 (MLS# B26012052)

$1,550,000

8966 SW 40th Terrace
Miami, FL 33165
MLS# B26012052
4 beds | 4 baths | 2870 sqft

1 / 42

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.

Details

Documents

Contract Information

Comp Sale YN: No

Negotiable Seller Concessions YN: No

Occupant Type: Vacant

Seller Represented YN: Yes

Listing Date: 2026-04-06

Status: Active

Original List Price: 1550000

List Price: $1,550,000

Current Price: $1,550,000

Listing Service: Full Service

Location and Legal

County Or Parish: Miami-Dade

Municipality Type: Incorporated

Municipal Code: 30

Geographic Area: DADE

Subdivision Number: 3

Special Assessment YN: No

Flood Zone: X

Country: United States

Street Number: 8966

Street Direction Prefix: SW

Street Name: 40th

Street Suffix: Terrace

State Or Province: FL

Postal Code: 33165

Postal Code +4: 0000

Subdivision Name: OLYMPIA GARDENS

Area: 2500

Elementary School: Banyan (Miami-Dade)

Middle Or Junior School: Glades (Miami-Dade)

High School: Southwest Miami

Parcel Number: 3040210030230

Zoning: 5700

General Property Information

Living Area Main: 2054

Living Area Source: Builder

Accessibility Features YN: No

Gated Community YN: No

Lot Size Area: 7500

Senior Community YN: No

Outdoor Living Spaces YN: Yes

Land Lease YN: No

Stories Total: 1

Stories: 1

Fireplace YN: No

Pool Private YN: Yes

LP/Assessed Value: 4.92

Property Sub Type: Single Family Residence

Bedrooms Total: 4

Bathrooms Total: 4

Bathrooms Full: 3

Bathrooms Half: 1

Building Area Main: 2870

Building Area Source: Builder

Year Built: 2026

Garage YN: 1

Attached Garage YN: 1

Garage Spaces: 2

Covered Spaces: 2

Parking Total: 2

Lot Size Acres: 0.17

Direction Faces: North

Financial Information

Master Association YN: No

Estimated Monthly Assoc Recurring Fee: 0

Membership Fee Required YN: No

Tax Assessed/SOH Value: 315000

Assessor Market Value: 315000

Tax Annual Amount: 5373.07

Tax Year: 2025

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

Office/Member Information

DXORIGMLSID: RML

Electric

200+ Amp Service: 1

Exterior Features

Barbecue: 1

Outdoor Kitchen: 1

Flooring

Ceramic Tile: 1

Concrete: 1

Marble: 1

Tile: 1

Foundation Details

Slab: 1

Parking Features

Driveway: 1

Attached: 1

Attached Garage: 1

Garage: 1

Property Condition

New Construction: 1

Special Listing Conditions

Standard: 1

Co-Ownership

Property Management YN: No

Fencing

Back Yard: 1

Fenced: 1

Gate: 1

Structure Type

House: 1

Possession

Close Of Escrow: 1

Sewer

Septic Tank: 1

Utilities

Cable Available: 1

Electricity Connected: 1

Sewer Connected: 1

Water Connected: 1

Heating

Central: 1

Window Features

Insulated Windows: 1

Appliances

Dishwasher: 1

Dryer: 1

Electric Cooktop: 1

Electric Range: 1

Oven: 1

Refrigerator: 1

Washer: 1

Cooktop: 1

Construction Materials

CBS: 1

Stucco: 1

Interior Features

Bar: 1

Bedroom Layout - Split: 1

Built-in Features: 1

Closet Cabinetry: 1

Kitchen Island: 1

Storage: 1

Wet Bar: 1

Laundry Features

Laundry Room: 1

Levels

One: 1

Listing Terms

Cash: 1

Conventional: 1

Pool Features

Fenced: 1

In Ground: 1

Private: 1

Roof

Concrete: 1

Rolled/Hot Mop: 1

Water Source

Public: 1

Architectural Style

Contemporary: 1

Cooling

Ceiling Fan(s): 1

Central Air: 1

Showing Requirements

Schedule Online: 1

Supra: 1

Main Level Rooms

Main Level Bathrooms: 3

Main Level Bedrooms: 4

Main Living Area

Entry Level: 1

Master Bedroom/Bath

2 Master Baths: 1

2 Master Suites: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Pet Details

Pet Fee YN: No

Pool Size Details

Pool Size (WxL): 30*11

Restrictions

No Restrictions: 1

Tax Information

Land Only: 1

Showing Considerations

See Remarks: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Patio: 1

Porch: 1

Terrace: 1

Patio Details

Patio - Open: 1

Porch Details

Porch - Open: 1

Room Types

Kitchen: 1

Living Room: 1

Master Bedroom: 1

Price Calculations

Current Price To SqFt: 754.62

Acreage Description

Less Than 1/4 Acre Lot: 1

Less Than 1 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2026-04-07T14:08:29Z

Major Change Type: New Listing

Status Change Date: 2026-04-07

Originating Details

Originating System Key: 20260407030922415467000000

Originating System ID: M00000170

Property Features

Electric: 200+ Amp Service

Exterior Features: Barbecue; Outdoor Kitchen

Flooring: Ceramic Tile; Concrete; Marble; Tile

Foundation Details: Slab

Parking Features: Driveway; Attached; Attached Garage; Garage

Property Condition: New Construction

Special Listing Conditions: Standard

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Oven; Refrigerator; Washer; Cooktop

Architectural Style: Contemporary

Construction Materials: CBS; Stucco

Cooling: Ceiling Fan(s); Central Air

Fencing: Back Yard; Fenced; Gate

Heating: Central

Interior Features: Bar; Bedroom Layout - Split; Built-in Features; Closet Cabinetry; Kitchen Island; Storage; Wet Bar

Laundry Features: Laundry Room

Levels: One

Listing Terms: Cash; Conventional

Main Living Area: Entry Level

Pets Allowed YN: Yes

Pets Allowed: No Restrictions

Pool Features: Fenced; In Ground; Private

Possession: Close Of Escrow

Restrictions: No Restrictions

Roof: Concrete; Rolled/Hot Mop

Sewer: Septic Tank

Structure Type: House

Tax Information: Land Only

Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected

Water Source: Public

Window Features: Insulated Windows

Showing Requirements: Schedule Online; Supra

Showing Considerations: See Remarks

Outdoor Living Spaces: Patio; Porch; Terrace

Patio Details: Patio - Open

Porch Details: Porch - Open

Room Types: Kitchen; Living Room; Master Bedroom

Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Room Information

Room Name

Kitchen

Living Room

Master Bedroom

Listing Office: Dade Luxury Realty LLC

Last Updated: April - 15 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.