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 |
| MLS Area Minor | DADE |
| 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
| Private Pool | true |
|---|---|
| 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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© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc., Florida
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by Florida Keys MLS, Inc. on September 25, 2026 8:31 PM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
