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$765,000
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Property Description
Great family home or investment opportunity in the heart of Miami-Coral Gables! This beautifully remodeled property offers a 2/1 main home plus a separate 1/1-bath unit with a private entrance, ideal for extended family or rental income. Features include bright and spacious living areas, laminate flooring, mini-split A/C systems, modern white glossy kitchens, updated bathrooms, and ample parking. Enjoy a private backyard and covered patio area, perfect for relaxing or entertaining with side gate entrances. Centrally located near Coral Gables, Miami International Airport, the Palmetto Expressway, Tamiami Trail, shopping, dining, parks, schools, and major roadways. A great opportunity to enjoy comfortable living with added income potential in a desirable Miami location. Schedule your private showing today!
Full Property Details
Full Property Details for 4840 SW 5th Terrace
General
- Price: $765,000
- Taxes: $8,801 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12066018
- Updated: 8/13/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: First Floor Entry, Other
- Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Entry Level
Other Rooms
- Living Room: Other Sq. Ft.
Exterior
- Exterior Features: Room for Pool
Parking
- Parking Features: Slab/Strip
Location
- Area: Lynnwood No 2
- County: Miami-Dade County
- Subdivision: LYNNWOOD NO 2
- Building Name: LYNNWOOD NO 2
- Direction Faces: Southwest
School Information
- Elementary School: Flagler; Henry M.
- Middle School: Kinlock Park
- High School: Coral Gables
Community
- Community Name: Lynnwood No 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Doors: High Impact Doors
- Building Size: 1650
- Square Feet: 1,365
- Living Area: 1,365 Sq. Ft.
- Year Built: 1946
- Property Condition: Substantially Remodeled
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 6,344
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $560.44
- Tax Amount: $8,801
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LYNNWOOD NO 2 PB 45-46 LOT 6 BLK 3 LOT SIZE 61.000 X 104
- Restrictions: Ok To Lease
- Property ID: 01-41-06-012-0460
Listed by LPT Realty, LLC
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Schools
Schools serving 4840 SW 5th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Henry M. Flagler Elementary School 5222 Northwest 1st Street, Miami, FL 33126 | PK-5 | 0.6 mi |
Kinloch Park Middle School 4340 Northwest 3rd Street, Miami, FL 33126 | 6-8 | 0.7 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4840 SW 5th Terrace
Date
Details
Price
Change
Source
8/12/2026
Listed
$765,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4840 SW 5th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,802
6%
$371,704
-19%
2024
$8,315
7%
$456,944
11%
2023
$7,781
27%
$412,677
55%
2021
$6,117
-9%
$266,577
-19%
2022
$6,708
10%
$328,908
36%
2021
$6,117
14%
$241,439
19%
2019
$5,361
8%
$202,506
10%
2018
$4,973
7%
$184,097
-15%
2017
$4,651
5%
$216,749
42%
2016
$4,413
10%
$152,147
10%
2015
$3,999
10%
$138,316
10%
2014
$3,633
8%
$125,742
10%
2013
$3,349
—
$114,311
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4840 SW 5th Terrace
4840 SW 5th Ter, Miami, FL 33134 (MLS# A12066018) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4840 SW 5th Ter is currently listed for $765,000 and was received on August 12, 2026. Want to learn more about 4840 SW 5th Ter? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

