8966 SW 40th Terrace

Miami, FL 33165

$1,550,000

$755/ft²

4Beds

3.5Baths

2,054Sq ft

2026Year built

Single-family homeType

About this home

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.

Features

Private pool

Property details

Listing

MLS #: B26012052
Status: For sale
Listed on: Apr 6, 2026
Days on market: 125 days
Listing data updated: Aug 3, 2026

Interior

Beds: 4
Baths: 3.5
Living area: 2,054 ft²
Price per ft²: $755/ft²

Building & community

Type: Single-family home
Year built: 2026
County: Miami-Dade

Lot & exterior

Lot size: 7,500 ft²
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $7,838
Property taxes (est.): $1,421
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$9,859*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?