8966 SW 40th Ter

Miami, FL 33165

$1,550,000
Price
4
Beds
2,054 Sq. Ft.
$755 / Sq. Ft.
2,054
Sq. Ft.
$755
per Sq. Ft.
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an aerial view of a house with a yard
a view of a house with a backyard
a front view of a house with a yard and garage
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a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances granite countertop a sink and a refrigerator
a view of a dining room with furniture
a kitchen with a sink and refrigerator
a living room with furniture and a flat screen tv
a bathroom with a sink and a mirror
a bedroom with a bed and a wall painting
a living room with furniture and a large window
a bedroom with a bed and a large window
a bedroom with a bed and a window
a bathroom with a toilet sink and a mirror
a bathroom with a toilet and a shower
a bedroom with a bed and a window
a living room with a couch and a potted plant
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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....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.
  1. Listed by Dmitry Asanov • Brokerage DRE #1069697 • Dade Luxury Realty LLC
    P: (305)-890-9240 C: (305)-890-9240 dmitry@dadelux.com

Property Details for 8966 Southwest 40th Terrace

Waterfront
No
Style
Pool Only
Year Built Numeric
2026
Pets Allowed YN
Yes
Design
House
Subdivision
OLYMPIA GARDENS
LISTING UPDATED: 04/15/2026 09:46 AM

Property Details for 8966 Southwest 40th Terrace

StatusActive
MLS #B26012052
Days on Market38
Taxes$5,373 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2026
Lot Size0.17 AC / 7,405 SF
CountyMiami-Dade County
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Location

Listing Courtesy of Dade Luxury Realty LLC
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Building Information for 8966 Southwest 40th Terrace

Stories1Year Built2026Building Size-Lot Size0.17 AC / 7,405 SF

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$8,253 per month

30 year fixed, 6.46% Interest

Principal and Interest

$7,805

Property Taxes

$448

HOA Dues

$0

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Property Information for 8966 Southwest 40th Terrace

Summary
Location and General Information
  • Area: 2500, 50
  • City and Location Text: Miami
  • County Land Code: Miami-Dade County
  • County Or Parish: Miami-Dade County
  • Front Exp: North
  • Front Exposure: North
  • Geo Lat: 25.731998
  • MLS Area: 2500, 50
  • MLS Sub Area: DADE
  • Postal Code: 33165
  • State: FL
  • Street Direction Prefix: SW
  • Street #: 8966
  • Subdivision Complex Bldg: OLYMPIA GARDENS
  • Complex Name: OLYMPIA GARDENS
  • Subdivision Number Numeric: 3.0
  • Zoning: 5700
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: 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
  • Membership Fee Required: No
  • Municipal Code: 30
  • Parcel ID: 3040210030230
  • Tax Information: Land Only
  • Tax Year: 2025
  • Total Assessed Value: $315,000.00
Parking
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Parking: 2 Or More Spaces, 2+ Spaces, Attached, Attached Garage, Driveway, Garage
School Information
  • Elementary School: Banyan (Miami-Dade)
  • High School: Southwest Miami
  • Middle School: Glades (Miami-Dade)
  • Senior High School: Southwest Miami
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot, Less Than 1 Acre Lot
  • Acres: 0.17
  • Approx Sqft Total Area: 2870
  • Property Condition: New Construction
  • Sq Ft: 2870
  • Sq Ft Liv Area: 2054.0
  • Sq Ft Total: 2,870
  • Total Floors in Bldg: 1.00
  • Type of Building: House
  • Property Type: Residential, Single Family Residence
Property and Assessments
  • Construction Type: Single Family Residence, Slab, Concrete, Rolled/Hot Mop, New Construction, CBS, Stucco
  • Document Count: 1
  • 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
  • Management Co: No
  • Special Assessment: No
  • Type: Single Family Residence
  • Year Built Description: 2026
Utilities
  • Cable Available: Yes
  • Electric Service: 200+ Amp Service
  • On Site Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Sewer Description: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Laundry Features: Laundry Room
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: CBS, Stucco
  • Exterior Features: Barbecue, Outdoor Kitchen
  • Gated Community YN: No
  • Guest Accommodations: No
  • Pool Description: Fenced, In Ground, Private
  • Pool Dimensions: 30*11
  • Private Pool: Yes
  • Private Pool Description: Fenced,In Ground,Private
  • Private Pool Description: Pool Size (W x L): 30*11
  • Roof: Concrete, Rolled/Hot Mop
  • Roof Description: Concrete, Rolled/Hot Mop
  • Structure Type: House
  • Window Features: Insulated Windows
  • Patio And Porch Features: Porch - Open, Patio - Open, Terrace, Porch, Patio
  • Fencing: Back Yard, Fenced, Gate
Interior Features
  • Baths Total: 4
  • Beds Total: 4
  • Column Description: CBS, Stucco
  • Cooling: Ceiling Fan(s), Central Air
  • Flooring: Ceramic Tile, Concrete, Marble, Tile
  • Heating: Central
  • Heating Description: Central
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Master Bath Features: 2 Master Baths, 2 Master Suites
  • Num Floors: 1
  • Num Interior Levels: One
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num Stories: 1
  • PatioFeatures: Patio, Porch, Terrace
  • Room Count: 3
  • Rooms: Kitchen, Living Room, Master Bedroom
  • Stories: 1.0
  • Interior Features: Bar, Bedroom Layout - Split, Built-in Features, Closet Cabinetry, Kitchen Island, Storage, Wet Bar
  • Appliances: Electric Cooktop, Cooktop, Dishwasher, Dryer, Electric Range, Oven, Refrigerator, Washer
Room Information
Room 1
  • Room Type: Kitchen
Room 2
  • Room Type: Living Room
Room 3
  • Room Type: Master Bedroom
Multi Family
Multi Family Information
  • Number of Stories: 1.0
Income & Expenses
  • Exp Incl Pool Service: No
Rental
Rental Information
  • DXORIGMLNO: RML
  • Occupancy Information: Vacant
  • Pets Allowed: No Restrictions, Yes
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $754.63

Property History for 8966 Southwest 40th Terrace

DateEvent & SourcePriceAppreciation
Apr 7, 2026

Listed (Active)

Beaches MLS #B26012052

$1,550,000—
Sep 21, 2023

Sold (Public Record)

Public Record #1520853360

$400,000

+4.6% / yr

Sep 21, 2023

Sold

MiamiRE #A11405573

$400,000—
DateEvent & SourcePrice
04/07/2026

Listed (Active)

Beaches MLS #B26012052

$1,550,000
09/21/2023

Sold (Public Record)

Public Record #1520853360

$400,000

+4.6% / yr

09/21/2023

Sold

MiamiRE #A11405573

$400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8966 Southwest 40th Terrace

Taxable ValueLand$315,000Additions-Total$315,000
Tax Record2025$5,373 ($448 / month)
Home Facts
Beds0Lot Size7,500 SqFtStyleResidentialZoning5700:DUPLEXESCountyMIAMI-DADEAPN30-4021-003-0230

Schools near 8966 Southwest 40th Terrace

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Banyan Elementary School
Public - PK to 5
Air Base K-8 Center for International Education
Public - PK to 8
Glades Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
Banyan Elementary School
PublicPK to 5

Air Base K-8 Center for International Education
PublicPK to 8

Glades Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 8966 Southwest 40th Terrace, Miami, FL 33165

8966 Southwest 40th Terrace is a single family home for sale in Miami, FL 33165. This property was listed for sale on April 7, 2026 by Dade Luxury Realty LLC, it's currently listed at $1,550,000. It has been on the market for a total of 38 days and was last sold on September 21, 2023. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Banyan Elementary School, Air Base K-8 Center for International Education and Glades Middle School. 8966 Southwest 40th Terrace is a 4-bed, 4-bath, 2,054 sqft single family home built in 2026.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dade Luxury Realty LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.