Price Check
How this price compares
- Asking price
- $629,000
- Price per sq ft
- $310
- Original price
- $649,000
- Days on market
- 23
This 4-bedroom single-family home in Caribe Lakes Phase Ii went under contract with an asking price of $629,000, or $310 per square foot. The asking price has come down 3.1% from its original $649,000. It spent 23 days on the market before going under contract.
Estimated monthly payment
$3,306 /mo
Principal and interest only, based on $125,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $135/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $629,000
- Days on Site
- 23 Days
- Bedrooms
- 4
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 2,028 sqft
- Total Sq Ft
- 2,556 sqft
- Lot Size
- 0.09 Acres
- Year Built
- 1998
- Property Type
- Single Family
- MLS #
- B26068852
- Property Tax
- $2,813 (2025)
- HOA Fees
- $135 / Monthly
- Subdivision
- CARIBE LAKES PHASE II
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
Welcome to this spacious 4-bedroom, 2.1 bath residence w/2 car garage in the desirable Caribe Lakes area of Miami. Offering 2,556 square feet of living space, this two-story home provides a comfortable layout with plenty of room for everyday living, entertaining, and growing families. The fenced in, paver patio offers the ability to enjoy the outdoor SF lifestyle! Built in 1998, the residence combines generous living areas with the convenience of an established residential community. The home's versatile floor plan offers four bedrooms, providing flexibility for a home office, guest suite, gym, or additional living space. The property is ideally positioned for convenient access to major roadways, shopping, dining, schools, and the many attractions throughout Miami-Dade County. Roof 1998.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1998
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage
- Direction Faces
- South
- Lot Size (Acres)
- 0.09
- Living Sq Ft
- 2,028
- Total Sq Ft
- 2,556
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3700
Interior Features
- Appliances
- Cooktop / Dryer / Dishwasher / Electric Cooktop / Electric Water Heater / Oven / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Carpet / Tile
- Interior Features
- Built In Features / Bathtub / Dining Area / Separate Formal Dining Room / Eat In Kitchen / Living Dining Room / Split Bedrooms / Soaking Tub / Separate Shower / Upper Level Primary / Walk In Closets
- Laundry
- Washer Hookup / Electric Dryer Hookup / Inside / Laundry Closet
- Windows
- Blinds / Drapes
- Main Level Bedrooms
- 0
- Main Level Baths
- 0
- Total Rooms
- 7
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Stucco
- Roof
- Barrel / Tile
- Exterior Features
- Awnings / Outdoor Living Area
- Architectural Style
- Spanish Mediterranean
- Patio & Porch
- Covered / Patio / Porch / Screened
- Lot Features
- Less Than Quarter Acre
Community & HOA
- HOA Fee
- $135 / Monthly
- HOA Name
- caribe lakes
- HOA Includes
- Common Areas / Maintenance Grounds
- Association Amenities
- Basketball Court / Clubhouse / Playground / Park
- Community Features
- Home Owners Association / Gated
- Security
- Gated Community / Smoke Detectors
- Utilities
- Cable Available / Electricity Connected / Water Available
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA
- Restrictions
- Buyer Approval Required / Ok To Lease
- MLS Area
- 2490
This home's HOA fee works out to $135 a month, in line with the $135 median across 7 homes for sale in Caribe Lakes Phase Ii. See Caribe Lakes Phase Ii HOA fees
Schools
- Elementary School
- Zora Neale Hurston
- Middle School
- Lamar Louise Curry
- High School
- John A. Ferguson
About the Community
Caribe Lakes Phase I is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $445,000 to $858,000. Homes were built between 1996 and 1998. Pure Equity lists homes in Caribe Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 7
- Under Contract
- 2
- Median List Price
- $455,000
- Median $/Sq Ft
- $378
- Avg Days on Market
- 90
Frequently Asked Questions
- How do I schedule a tour of 15351 SW 40TH Terrace, Miami, FL 33185?
- Use the Tour button on this listing to request a showing of 15351 SW 40TH Terrace, Miami, FL 33185. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 15351 SW 40TH Terrace, Miami, FL 33185 still available?
- 15351 SW 40TH Terrace, Miami, FL 33185 is currently listed as Under Contract, and has been on the market 23 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 15351 SW 40TH Terrace, Miami, FL 33185?
- With 20% down ($125,800) on the $629,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 15351 SW 40TH Terrace, Miami, FL 33185 is about $3,306/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 15351 SW 40TH Terrace, Miami, FL 33185?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 15351 SW 40TH Terrace, Miami, FL 33185. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 15351 SW 40TH Terrace, Miami, FL 33185 have an HOA fee?
- Yes: 15351 SW 40TH Terrace, Miami, FL 33185 carries an HOA fee of about $135 monthly (caribe lakes). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 15351 SW 40TH Terrace, Miami, FL 33185?
- 15351 SW 40TH Terrace, Miami, FL 33185 is zoned for Zora Neale Hurston (elementary), Lamar Louise Curry (middle), John A. Ferguson (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 15351 SW 40TH Terrace, Miami, FL 33185?
- Often, yes. The right offer on 15351 SW 40TH Terrace, Miami, FL 33185 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Illustrated Properties
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$629,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Erik Asp, Illustrated Properties
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in Caribe Lakes Phase Ii
These are the last 6 recorded closings in Caribe Lakes Phase Ii, with the price each home actually sold for rather than what it was listed at. They closed at a median of $377 per square foot. The most recent closed on August 18, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$625,000
Sold · August 18, 2026
3461 SW 154th Court
3 bed · 2 bath · 1,511 sqft · $414/sqft
$14,900 under the asking price
Sold$445,000
Sold · June 30, 2026
3825 SW 153rd Court
2 bed · 2 bath · 1,160 sqft · $384/sqft
$14,000 under the asking price
Sold$460,000
Sold · June 11, 2026
3732 SW 153rd Court
3 bed · 2.5 bath · 1,220 sqft · $377/sqft
$10,000 under the asking price
Sold$440,000
Sold · April 28, 2026
15351 SW 36th Street
4 bed · 2 bath · 1,733 sqft · $254/sqft
$159,999 under the asking price
Sold$425,000
Sold · April 17, 2026
3725 SW 153rd Court
2 bed · 2 bath · 1,160 sqft · $366/sqft
$10,000 under the asking price
Sold$415,000
Sold · April 6, 2026
3834 SW 153rd Place .
2 bed · 2 bath · 1,160 sqft · $358/sqft
$30,000 under the asking price
See every recorded sale in Caribe Lakes Phase Ii or find out what your Caribe Lakes Phase Ii home is worth.
