Active Under ContractMLS® B26012052

$1,550,000

8966 SW 40th Terrace, Miami, FL 33165

Beds: 4
Baths: 4
Sqft: 2,054

Est. payment$9,265/mo

Home type: Single Family Residence
Year built: 2026
Lot size: 7,405 sqft
Price / sqft: $755
HOA: $0/mo
Community: OLYMPIA GARDENS

Property description

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 activity

Days on market: 126
Listed: Apr 6, 2026
MLS listing updated: Sep 25, 2026
Feed last checked: 1 minute ago

Listed by Dmitry Asanov · Dade Luxury Realty LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Bathrooms (decimal): 3.5
Full bathrooms: 3
Half bathrooms: 1
Main-level bedrooms: 4
Main-level bathrooms: 3

Rooms & features

Rooms: 3
Interior features: Bar, Bedroom Layout - Split, Built-in Features, Closet Cabinetry, Kitchen Island, Storage, Wet Bar
Flooring: Ceramic Tile, Concrete, Marble, Tile
Appliances: Electric Cooktop, Cooktop, Dishwasher, Dryer, Electric Range, Oven, Refrigerator, Washer
Laundry: Laundry Room
Fireplace: No
Window features: Insulated Windows

Heating & cooling

Heating: Central
Cooling: Ceiling Fan(s), Central Air

Property

Parking

Garage spaces: 2
Garage: Yes
Carport: No
Parking spaces: 2
Covered spaces: 2
Parking features: Attached, Attached Garage, Driveway, Garage
Attached garage: Yes

Exterior

Stories: 1
Building area: 2,870 sqft
Patio & porch: Porch - Open, Patio - Open, Terrace, Porch, Patio
Exterior features: Barbecue, Outdoor Kitchen
Fencing: Back Yard, Fenced, Gate
Pool: Yes
Pool features: Fenced, In Ground, Private
Waterfront property: No

Lot

Lot size: 7,405 sqft
Lot size (acres): 0.17 acres
Zoning: 5700

Construction

Type & style

Home type: Single Family Residence
Structure type: House
Architectural style: Contemporary
Year built: 2026
New construction: Yes

Materials

Construction: CBS, Stucco
Roof: Concrete, Rolled/Hot Mop
Foundation: Slab
Property condition: New Construction
Levels: One
Faces: North

Utilities & green energy

Utilities

Electric: 200+ Amp Service
Sewer: Septic Tank
Water: Public
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: OLYMPIA GARDENS
MLS area: 2500
MLS subarea: DADE
Pets allowed: No Restrictions, Yes
55+ community: No

Association

Has association: No
Estimated monthly dues: $0

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33165

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: B26012052
Possession: Close Of Escrow
Original list price: $1,550,000
Parcel number: 3040210030230
Annual property tax: $5,373.07
Tax year: 2025
Assessed value: $315,000
Tax 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
Special listing conditions: Standard

Additional MLS details

Reported by the listing source

Association: No
Bathrooms Total Decimal: 3.5
Bathrooms Total Integer: 4
Building Area Total: 2870
Construction Materials: CBS, Stucco
County Or Parish: Miami-Dade
Days On Market: 126
Direction Faces: North
Elementary School: Banyan (Miami-Dade)
Foundation Details: Slab
High School: Southwest Miami
Laundry Features: Laundry Room
List Price: 1550000
Listing Contract Date: 2026-04-06
Living Area: 2054
Lot Size Acres: 0.17
Lot Size Area: 7500
MLSArea Major: 2500
MLSArea Minor: DADE
Main Level Bathrooms: 3
Main Level Bedrooms: 4
Middle Or Junior School: Glades (Miami-Dade)
Mls Status: Active Under Contract
On Market Date: 2026-04-07
Parking Total: 2
Patio And Porch Features: Porch - Open, Patio - Open, Terrace, Porch, Patio
Photos Count: 45
Postal Code: 33165
Property Sub Type: Single Family Residence
Property Type: Residential
Rooms Total: 3
Senior Community: No
Standard Status: Active Under Contract
State Or Province: FL
Status Change Timestamp: 2026-08-11T21:24:57Z
Stories Total: 1
Subdivision Name: OLYMPIA GARDENS
Tax Assessed Value: 315000
Water Source: Public
Tax Annual Amount: 5373.07
Bathrooms Full: 3
Pool Private: Yes
Bedrooms Total: 4
Waterfront: No
Bathrooms Half: 1

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Apr 6, 2026	ListedBeachesMLS	$1,550,000$755/sqft

Public tax history

Year	Property taxes	Assessment
2025	$5,373	$315,000

Payment calculator

Estimated monthly payment$9,265/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $8,043
Property taxes: $448
Insurance: $775
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OLYMPIA GARDENS

Miami · Miami-Dade County · 33165

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Banyan (Miami-Dade)Elementary

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Glades (Miami-Dade)Middle

—

Southwest MiamiHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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