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15351 SW 40TH Terrace, Miami FL 33185

House Active With Contract
$629,000

BTC: 7.73107178

ETH: 258.63486842

-$20K (2026/09/10)
23 days
4 bds
2 ba
2,028 sqft

Overview

Welcome to this spacious 4-bedroom, 2.1 bath residence w/2 car garage in the desirable Caribe Lakes area of Miami. Offering 2,556 square feet of living space, this two-story home provides a comfortable layout with plenty of room for everyday living, entertaining, and growing families. The fenced in, paver patio offers the ability to enjoy the outdoor SF lifestyle! Built in 1998, the residence combines generous living areas with the convenience of an established residential community. The home's versatile floor plan offers four bedrooms, providing flexibility for a home office, guest suite, gym, or additional living space. The property is ideally positioned for convenient access to major roadways, shopping, dining, schools, and the many attractions throughout Miami-Dade County. Roof 1998.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway / Parking Garage
Year Built:
1998
Lot:
0.09 Acres
Heating:
Central
Price/sqft:
$310
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$135

Valuation

Our model vs. what's actually selling nearby.
Estimate
$685,000
$663K – $780K
Confidence Medium
List vs. estimate
$56K below estimate
List $629,000 · -8.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$310
-33.5% vs. city median $466
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $650K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,813
2025
HOA
$135/mo
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Dryer

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Built-in Features

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Parking Garage

    Property

    • Levels: 2

    Lot

    • Lot: 0.09 Acres

    Other Property Information

    • Parcel Number: 30-49-16-005-0420

    • Zoning: 3700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Water Available

  • Other financial information

    • HOA: $135

    • HOA Frequency: Monthly

    • Annual tax amount: $2,813

  • Source details

    • MLS ID: B26068852

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Laundry Features: Washer Hookup

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Fenced

    • Patio And Porch Features: Awning(s) / Patio

    • Window Features: Complete Accordian Shutters / Awning / Blinds / Drapes / Verticals

    • Direction Faces: South

    • Other Structures: Livable

    • Architectural Style: Old Spanish / Two Story

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2028

    • Water Source: Public

    • Subdivision Name: CARIBE LAKES PHASE II

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Illustrated Properties