5618966 SW 40th Terrace, Miami, FL 33165
$1,550,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,870
Status:
Active
Current Price:
$1,550,000
List Date:
4/07/2026
Last Modified:
4/15/2026
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.
More Information MLS# B26012052
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Occupant Type: Vacant
Seller Represented YN: Yes
Listing Date: 2026-04-06
Status: Active
Original List Price: 1550000
List Price: $1,550,000
Current Price: $1,550,000
Listing Service: Full Service
Location and Legal
County Or Parish: Miami-Dade
Municipality Type: Incorporated
Municipal Code: 30
Geographic Area: DADE
Subdivision Number: 3
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 8966
Street Direction Prefix: SW
Street Name: 40th
Street Suffix: Terrace
State Or Province: FL
Postal Code: 33165
Postal Code +4: 0000
Subdivision Name: OLYMPIA GARDENS
Area: 2500
Elementary School: Banyan (Miami-Dade)
Middle Or Junior School: Glades (Miami-Dade)
High School: Southwest Miami
Parcel Number: 3040210030230
Zoning: 5700
General Property Information
Living Area Main: 2054
Living Area Source: Builder
Accessibility Features YN: No
Gated Community YN: No
Lot Size Area: 7500
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Land Lease YN: No
Stories Total: 1
Stories: 1
Fireplace YN: No
Pool Private YN: Yes
LP/Assessed Value: 4.92
Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: 1
Building Area Main: 2870
Building Area Source: Builder
Year Built: 2026
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Parking Total: 2
Lot Size Acres: 0.17
Direction Faces: North
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Assessed/SOH Value: 315000
Assessor Market Value: 315000
Tax Annual Amount: 5373.07
Tax Year: 2025
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
Office/Member Information
DXORIGMLSID: RML
Electric
200+ Amp Service: 1
Exterior Features
Barbecue: 1
Outdoor Kitchen: 1
Flooring
Ceramic Tile: 1
Concrete: 1
Marble: 1
Tile: 1
Foundation Details
Slab: 1
Parking Features
Driveway: 1
Attached: 1
Attached Garage: 1
Garage: 1
Property Condition
New Construction: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Fencing
Back Yard: 1
Fenced: 1
Gate: 1
Structure Type
House: 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Heating
Central: 1
Window Features
Insulated Windows: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Cooktop: 1
Electric Range: 1
Oven: 1
Refrigerator: 1
Washer: 1
Cooktop: 1
Construction Materials
CBS: 1
Stucco: 1
Interior Features
Bar: 1
Bedroom Layout - Split: 1
Built-in Features: 1
Closet Cabinetry: 1
Kitchen Island: 1
Storage: 1
Wet Bar: 1
Laundry Features
Laundry Room: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
Fenced: 1
In Ground: 1
Private: 1
Roof
Concrete: 1
Rolled/Hot Mop: 1
Water Source
Public: 1
Architectural Style
Contemporary: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Showing Requirements
Schedule Online: 1
Supra: 1
Main Level Rooms
Main Level Bathrooms: 3
Main Level Bedrooms: 4
Main Living Area
Entry Level: 1
Master Bedroom/Bath
2 Master Baths: 1
2 Master Suites: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Pool Size Details
Pool Size (WxL): 30*11
Restrictions
No Restrictions: 1
Tax Information
Land Only: 1
Showing Considerations
See Remarks: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Patio: 1
Porch: 1
Terrace: 1
Patio Details
Patio - Open: 1
Porch Details
Porch - Open: 1
Room Types
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Price Calculations
Current Price To SqFt: 754.62
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-04-07T14:08:29Z
Major Change Type: New Listing
Status Change Date: 2026-04-07
Originating Details
Originating System Key: 20260407030922415467000000
Originating System ID: M00000170
Property Features
Electric: 200+ Amp Service
Exterior Features: Barbecue; Outdoor Kitchen
Flooring: Ceramic Tile; Concrete; Marble; Tile
Foundation Details: Slab
Parking Features: Driveway; Attached; Attached Garage; Garage
Property Condition: New Construction
Special Listing Conditions: Standard
Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Oven; Refrigerator; Washer; Cooktop
Architectural Style: Contemporary
Construction Materials: CBS; Stucco
Cooling: Ceiling Fan(s); Central Air
Fencing: Back Yard; Fenced; Gate
Heating: Central
Interior Features: Bar; Bedroom Layout - Split; Built-in Features; Closet Cabinetry; Kitchen Island; Storage; Wet Bar
Laundry Features: Laundry Room
Levels: One
Listing Terms: Cash; Conventional
Main Living Area: Entry Level
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: Fenced; In Ground; Private
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Concrete; Rolled/Hot Mop
Sewer: Septic Tank
Structure Type: House
Tax Information: Land Only
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Window Features: Insulated Windows
Showing Requirements: Schedule Online; Supra
Showing Considerations: See Remarks
Outdoor Living Spaces: Patio; Porch; Terrace
Patio Details: Patio - Open
Porch Details: Porch - Open
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Room Information
Kitchen
Living Room
Master Bedroom
Documents
Floor plan ›
Listing Office:
Dade Luxury Realty LLC
Last Updated: April - 15 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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