New Construction
Address
8966 Sw 40th Terrace, Miami, FL
Price
$ 1,550,000
Property Attributes
- MLS#B26012052
- TypeSingle Family
- Listing Status Active Under Contract
- CountyMiami-Dade
- CityMiami
- Area2500
- NeighborhoodOLYMPIA GARDENS
- Zip33165
- Style
- Year Built2026
- Taxes$ 5373
- Price$ 1,550,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage2054
- Lot Size0.17 Acres
Data Source:
Beaches MLS (FL)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Banyan (Miami-Dade) Elementary School | Glades (Miami-Dade) Middle School | Southwest Miami High School |
| Price History | |
|---|---|
| 4/7/2026 | Listed $1,550,000 |
General Features
| Membership Required | false |
|---|---|
| Sewer | Septic Tank |
| Heating | Central |
| Cooling | Central Air,Ceiling Fan(s) |
| Utilities | Cable Available,Electricity Connected,Sewer Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Concrete,Rolled/Hot Mop |
| Appliances | Cooktop,Dryer,Dishwasher,Electric Cooktop,Electric Range,Oven,Refrigerator,Washer |
| Garage Spaces | 2 |
| Patio/Porch Features | Patio,Porch,Terrace |
| Architectural Style | Contemporary |
| Pool Features | Fenced,In Ground,Private |
| Construction Materials | Block,Stucco |
| Pets Allowed | No Pet Restrictions,Yes |
| Year Built | 2026 |
| Electric | 200+ Amp Service |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Accessibility | None |
| County | Miami-Dade |
| New Construction | true |
| Property Type | Residential |
| Attached Garage | true |
| Contingency | Inspection |
| Subdivision Name | OLYMPIA GARDENS |
| Facing Direction | North |
| Garage Y/N | true |
| Total Rooms | 3 |
| Full Baths | 3 |
| Status | Active Under Contract |
| High School | Southwest Miami |
| City | Miami |
| Senior Community Y/N | false |
| MLS Area | 2500 |
| Carport Y/N | false |
| Elementary School | Banyan (Miami-Dade) |
| Land Lease Y/N | false |
| Tax Annual Amount | 5373.07 |
| Middle/Junior High School | Glades (Miami-Dade) |
| Property Condition | New Construction |
| Virtual Tour | https://www.propertypanorama.com/8966-SW-40th-Terrace-Miami-FL-33165/unbranded |
| Standard Status | Active Under Contract |
| Occupancy Type | Vacant |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Miami |
| 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 |
Interior Features
| Interior Amenities | Wet Bar,Built-in Features,Closet Cabinetry,Kitchen Island,Multiple Primary Suites,Multiple En Suite Bathrooms,Split Bedrooms,Storage,Bar |
|---|---|
| Flooring | Concrete,Ceramic Tile,Marble,Tile |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Insulated Windows |
| Fireplace Y/N | false |
| Half Baths | 1 |
| Laundry Features | Laundry Room |
| Total Bedrooms | 4 |
| Main Level Bedrooms | 4 |
| Main Level Bathrooms | 3 |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Barbecue,Outdoor Kitchen,Outdoor Living Area |
|---|---|
| Fencing | Back Yard,Fenced,Gate |
| Parking Features | Attached,Driveway,Garage |
| Lot Features | < 1/4 Acre |
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 7500 |
| Foundation Details | Slab |
| Building Area Total | 2870 |
| Lot Size Acres | 0.17 |
| Waterfront Y/N | false |
| Covered Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33165
Price
Taxes
Year Built
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