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8966 SW 40th Terrace, Miami FL 33165

House Active With Contract
$1,550,000

BTC: 20.05174644

ETH: 632.91139241

126 days
4 bds
3 ba
2,054 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway / Parking Garage
Year Built:
2026
Lot:
0.17 Acres
Heating:
Central
Price/sqft:
$755
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,199,000
$862K – $1.5M
Confidence Low
List vs. estimate
$351K above estimate
List $1,550,000 · +29.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$754
+58.8% vs. city median $475
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $677K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,373
2025
Pool
Private
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Concrete

    • Marble

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Bar

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Split Bedroom

    • Wet Bar

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Barbeque

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 30-40-21-003-0230

    • Zoning: 5700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Septic

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $5,373

  • Source details

    • MLS ID: B26012052

    Other facts

    • Construction Materials: CBS Construction / Slab Construction / Stucco

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

    • Patio And Porch Features: Patio

    • Pool Features: Private

    • Window Features: Thermal Windows

    • Direction Faces: North

    • Other Structures: Livable

    • Architectural Style: One Story / Modern/Contemporary

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2054

    • Water Source: Public

    • Subdivision Name: OLYMPIA GARDENS

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: Dade Luxury Realty LLC