8966 SW 40th Terrace, Miami, FL 33165 — MLS photo

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8966 SW 40th Terrace, Miami, FL 33165

Active · SingleFamilyResidence

$1,550,000

8966 SW 40th Terrace, Miami, FL 33165

Beds
4
Baths
4
Living area
2,054 sq ft
$ / sq ft
$755/sq ft
Year built
2026
Lot size
7,500 sq ft
HOA fee
—
Annual tax
—

About this property

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.

Property location

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8966 SW 40th Terrace, Miami, FL 33165

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
2,054 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Lot size
7,500 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
B26012052
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,542

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-9.8%
Gross yield
6.2%
Mortgage payment
$7,348/mo
Down payment
$387,500
Loan amount
$1,162,500
Annual NOI
$45,668

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.