8966 SW 40th TerraceMiami, FL 33165MLS Number B26012052

  • Price: $1,550,000
  • Est. Mortgage of $/month
  • 84 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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8966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 331658966 SW 40th Terrace Miami FL 33165
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  • 4Bedrooms
  • 0.17Acreage
  • 4Bathrooms
  • 2026Year Built
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.
Listing by Dade Luxury Realty LLC

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Ocean Estate Properties
Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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More Info

Tax Information

  • Tax Year 2025
  • Taxes$5,373

Location

  • Address8966 SW 40th Terrace
  • Area2500
  • Building Number8966
  • CountyMiami-Dade
  • StateFL
  • StreetSW 40th Terrace
  • SubdivisionOlympia Gardens
  • TownMiami
  • Zip33165

Interior

  • Flooring Concrete, Ceramic Tile, Marble, Tile

Utilities

  • Electric 200+ Amp Service
  • Heat SystemCentral
  • Heating YN Yes
  • Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Waste Water DisposalSeptic Tank

Amenities

  • Appliances IncludedCooktop, Dryer, Dishwasher, Electric Cooktop, Electric Range, Oven, Refrigerator, Washer
  • Cooling Central Air, Ceiling Fan(s)
  • Cooling YN Yes
  • Other AmenitiesPool
  • PetsNo Pet Restrictions, Yes
  • Pool Features Fenced, In Ground, Private
  • Pool Private YN Yes

School Information

  • Elementary SchoolBanyan (Miami-Dade)
  • High SchoolSouthwest Miami
  • Junior HighGlades (Miami-Dade)

Basic Information

  • List Price$1,550,000
  • MLS NumberB26012052
  • Modification Date06/04/2026
  • Property SubTypeSingle Family Residence
  • Property TypeResidential
  • StatusACT
  • Virtual TourView Tour

Exterior

  • Exterior Features Barbecue, Outdoor Kitchen, Outdoor Living Area
  • Fencing Back Yard, Fenced, Gate
  • RoofConcrete, Rolled/Hot Mop

Property Information

  • Acreage0.17
  • Lot Features < 1/4 Acre
  • Occupant Type Vacant
  • Patio And Porch Features Patio, Porch, Terrace
  • Property Condition New Construction
  • Property Sub Type Additional Single Family Residence
  • Square Feet2,054

Other

  • Date Listed04/07/2026
  • Possession Close Of Escrow
  • Special Listing Conditions Standard

Parking

  • Parking Features Attached, Driveway, Garage
  • Parking Total 2

Rooms

  • Bathroom4
  • Bedrooms4
  • Full Bath3
  • Half Baths1
  • Laundry Features Laundry Room
  • Main Level Bathrooms 3
  • Main Level Bedrooms 4

Building

  • Attached Garage YN Yes
  • Building ConstructionBlock, Stucco
  • FoundationSlab
  • GarageYes
  • Garage Spaces2
  • New Construction YN Yes
  • Property StyleContemporary
  • Rooms3
  • Stories1
  • Structure Type House
  • Window Features Insulated Windows
  • Year Built2026

Water Body

  • Water AccessPublic

Based on information submitted to BeachesMLS as of June 30, 2026 5:52 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively 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.

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