Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,550,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,054 Sq. Ft.
  • Updated 4 days ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 8966 SW 40th Terrace

General

  • Price: $1,550,000
  • Taxes: $5,373 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Regional
  • MLS ID: B26012052
  • Updated: 4/7/2026
  • Added to Site: 4 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Wet Bar, Built-in Features, Closet Cabinetry, Kitchen Island, Multiple Primary Suites, Multiple En Suite Bathrooms, Split Bedrooms, Storage, Bar
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Range, Oven, Refrigerator, Washer
  • Flooring: Concrete, Ceramic Tile, Marble, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Baths: 3

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Main: 4

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Fenced, In Ground, Private

Exterior

  • Exterior Features: Barbecue, Outdoor Kitchen, Outdoor Living Area
  • Porch/Patio/Deck: Patio, Porch, Terrace

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 2
  • Parking Features: Attached, Driveway, Garage

Location

  • County: Miami-Dade
  • Subdivision: OLYMPIA GARDENS
  • Direction Faces: North

School Information

  • Elementary School: Banyan (Miami-Dade)
  • Middle School: Glades (Miami-Dade)
  • High School: Southwest Miami

Community

  • Community Name: 2500

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: House
  • Construction: Block, Stucco
  • Roof: Concrete, Rolled/Hot Mop
  • Windows: Insulated Windows
  • Stories/Levels: 1
  • Building Size: 2870
  • Square Feet: 2,054
  • Sq. Ft. Source: Builder
  • Living Area: 2,054 Sq. Ft.
  • Year Built: 2026
  • Property Condition: New Construction

Lot Features

  • Lot Size (Acres): 0.17
  • Zoning: 5700
  • Fencing (Description): Back Yard, Fenced, Gate

Financial Considerations

  • Assessment Amount: $315,000
  • Tax Amount: $5,373.07
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • 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
  • Property ID: 3040210030230

Listed by Dade Luxury Realty LLC

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 8966 SW 40th Terrace —

  • Dade Luxury Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8966 SW 40th Terrace

School District:Dade County School District
NameGradesDistance
Banyan Elementary School, Miami, FL
3060 Southwest 85th Avenue, Miami, FL 33155
PK-50.8 mi
Glades Middle School, Miami, FL
9451 Southwest 64th Street, Miami, FL 33173
6-81.6 mi
Southwest Miami Senior High School
8855 Southwest 50th Terrace, Miami, FL 33165
9-120.7 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 8966 SW 40th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/07/2026
Listed
$1,550,000
287.5%
MLS
9/21/2023
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
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 for 8966 SW 40th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,373
2%
$315,000
2%
2024
$5,251
36%
$307,500
28%
2023
$3,868
15%
$240,000
23%
2022
$3,373
34%
$195,000
—
2021
$2,521
18%
$195,000
122%
2019
$2,136
7%
$87,690
10%
2018
$1,992
12%
$79,719
-44%
2017
$1,786
15%
$142,500
116%
2016
$1,553
15%
$65,884
10%
2015
$1,351
14%
$59,895
10%
2014
$1,185
21%
$54,450
10%
2013
$978
—
$49,500
—
View All
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 for 8966 SW 40th Terrace

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Dade Luxury Realty LLC

Similar Properties near 8966 SW 40th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

12019 SW 77th Terrace, Miami, FL 33183 - Photo 1 Just Listed
$1,599,900

12019 SW 77th Terrace  Miami, FL 33183

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,129
    Sq. Ft.
400 SW 47th Ave, Miami, FL 33134 - Photo 1
$1,500,000

400 SW 47th Ave  Miami, FL 33134

  • Single Family
  • Active
  • 4
    Beds
  • 4
    Total Baths
  • 2,466
    Sq. Ft.
610 NW 25th Ct, Miami, FL 33125 - Photo 1
$1,499,000

610 NW 25th Ct  Miami, FL 33125

  • Single Family
  • Active
  • 4
    Beds
  • 4
    Total Baths
  • 2,711
    Sq. Ft.
6207 SW 10th St, West Miami, FL 33144 - Photo 1 Just Listed
$1,550,000
Open House

6207 SW 10th St  West Miami, FL 33144

  • Single Family
  • Active
  • Updated 11 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,035
    Sq. Ft.

Just Listed near 8966 SW 40th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3034 Oak Ave, Coconut Grove, FL 33133 - Photo 1 Just Listed
$3,767,400

3034 Oak Ave  #504  Coconut Grove, FL 33133

  • Condo
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 4
    Total Baths
3350 SW 27th Ave, Coconut Grove, FL 33133 - Photo 1 Just Listed
$1,049,000
Open House

3350 SW 27th Ave  #1207  Coconut Grove, FL 33133

  • Condo
  • Active
  • Updated 3 days ago
  • 1
    Bed
  • 2
    Total Baths
  • 896
    Sq. Ft.
2655 S Bayshore Dr, Coconut Grove, FL 33133 - Photo 1 Just Listed
$1,875,000

2655 S Bayshore Dr  #1505  Coconut Grove, FL 33133

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,046
    Sq. Ft.
2678 Tigertail Ave, Coconut Grove, FL 33133 - Photo 1 Just Listed
$5,600,000

2678 Tigertail Ave  #2006  Coconut Grove, FL 33133

  • Condo
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 2,058
    Sq. Ft.

Price Reduced near 8966 SW 40th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3581 E Glencoe St, Coconut Grove, FL 33133 - Photo 1 Price Reduced
-$100,000 (-1.73%)
$5,695,000

3581 E Glencoe St  #605  Coconut Grove, FL 33133

  • Condo
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 6
    Total Baths
  • 3,886
    Sq. Ft.
401 69th St, Miami Beach, FL 33141 - Photo 1 Price Reduced
-$10,000 (-3.13%)
$309,000

401 69th St  #304  Miami Beach, FL 33141

  • Condo
  • Active
  • Updated 4 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 898
    Sq. Ft.
Listed by Maria Breard (305) 962-3062
7441 Wayne Ave, Miami Beach, FL 33141 - Photo 1 Price Reduced
-$4,000 (-1.03%)
$385,000

7441 Wayne Ave  #10c  Miami Beach, FL 33141

  • Condo
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,181
    Sq. Ft.
Listed by Bonnie Metviner (954) 234-4659
650 West Ave, Miami Beach, FL 33139 - Photo 1 Price Reduced
-$50,000 (-3.45%)
$1,400,000

650 West Ave  #1407  Miami Beach, FL 33139

  • Condo
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,372
    Sq. Ft.
Listed by Matt McMillan (305) 775-8269

Recent Sales near 8966 SW 40th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3620 SW 94th Ave, Miami, FL 33165 - Photo 1 Sold
$1,445,000

3620 SW 94th Ave  Miami, FL 33165

  • Duplex
  • Closed
  • 4,458
    Sq. Ft.
[Address not provided], Miami, FL 33155 - Photo 1 Sold
$1,375,000

[Address not provided]  Miami, FL 33155

  • Residential Lots
  • Closed
  • 0.76
    Acres
8550 Miller Dr, Miami, FL 33155 - Photo 1 Sold
$1,375,000

8550 Miller Dr  Miami, FL 33155

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
  • 3,248
    Sq. Ft.
9701 SW 56th Terrace, Miami, FL 33173 - Photo 1 Sold
$1,350,000

9701 SW 56th Terrace  Miami, FL 33173

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 2,578
    Sq. Ft.

8966 SW 40th Terrace, Miami, FL 33165 (MLS# B26012052) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 8966 SW 40th Terrace is currently listed for $1,550,000 and was received on April 07, 2026. Want to learn more about 8966 SW 40th Terrace? 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.

Tour this property