Price Check
How this price compares
- List price
- $849,000
- Price per sq ft
- $264
- Original price
- Unchanged
- Days on market
- 1
This multi-family property in Ascot Park is listed at $849,000, or $264 per square foot. It has been on the market for 1 day.
Estimated monthly payment
$4,462 /mo
Principal and interest only, based on $169,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $849,000
- Days on Site
- 1 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 3,217 sqft
- Total Sq Ft
- 3,397 sqft
- Year Built
- 1958
- Property Type
- Multi-Family
- MLS #
- A12120686
- Property Tax
- $11,746 (2026)
- Subdivision
- ASCOT PARK
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Corporate Listing
About This Property
Duplex on an oversized 8,800 sq ft lot with huge upside. Two separate units, 9240 (3 bed/2 bath) and 9242 (3 bed/1 bath), plus an existing third structure with potential for an ADU or in-law quarters, subject to Miami-Dade approvals. Lots of room to expand, park, and add outdoor living. Great central location near Bird Road shopping, Olympia Heights Elementary, and the Palmetto Expressway, minutes from Coral Gables and FIU. Both units tenant occupied. A conceptual renovation plan built from County permit records is available. Renderings are an artist's concept of the planned renovation, not current condition. Flexible seller: seller financing, a joint venture, or a closing timed to permit approval will be considered. Showings by appointment only; please do not disturb tenants.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1958
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 3,217
- Total Sq Ft
- 3,397
- Structure Type
- Duplex
- Sewer
- Septic Tank
- Zoning
- 5700
Interior Features
- Cooling
- Central Air
- Heating
- Central / Separate Meters
- Flooring
- Ceramic Tile / Other
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Lot Features
- Oversized Lot
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional / Owner Will Carry
- MLS Area
- 2400
Schools
- Elementary School
- Olympia Heights
- Middle School
- Riviera
- High School
- Southwest Miami
About the Community
Ascot Park is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $630,000 to $840,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Ascot Park 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
- 2
- Median List Price
- $751,250
- Median $/Sq Ft
- $559
- Avg Days on Market
- 7
Frequently Asked Questions
- How do I schedule a tour of 9240 SW 40th Terrace, Miami, FL 33165?
- Use the Tour button on this listing to request a showing of 9240 SW 40th Terrace, Miami, FL 33165. 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 9240 SW 40th Terrace, Miami, FL 33165 still available?
- 9240 SW 40th Terrace, Miami, FL 33165 is currently listed as Active, and has been on the market 1 day. 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 9240 SW 40th Terrace, Miami, FL 33165?
- With 20% down ($169,800) on the $849,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 9240 SW 40th Terrace, Miami, FL 33165 is about $4,462/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 9240 SW 40th Terrace, Miami, FL 33165?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 9240 SW 40th Terrace, Miami, FL 33165. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 9240 SW 40th Terrace, Miami, FL 33165?
- 9240 SW 40th Terrace, Miami, FL 33165 is zoned for Olympia Heights (elementary), Riviera (middle), Southwest Miami (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 9240 SW 40th Terrace, Miami, FL 33165?
- Often, yes. The right offer on 9240 SW 40th Terrace, Miami, FL 33165 depends on how it's priced against comparable multi-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 M & M Real Estate Brokerage
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 November 14, 2026.
$849,000
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Listed by Frank C. Mena, M & M Real Estate Brokerage
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Recent Sales
Recently sold homes in Ascot Park
These are the last 4 recorded closings in Ascot Park, with the price each home actually sold for rather than what it was listed at. They closed at a median of $423 per square foot. The most recent closed on September 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$760,000
Sold · September 18, 2026
9310 SW 43rd Street
4 bed · 2 bath · 1,935 sqft · $393/sqft
$9,000 under the asking price
Sold$620,000
Sold · June 18, 2026
9201 SW 43rd Terrace
3 bed · 1 bath · 1,294 sqft · $479/sqft
$10,000 under the asking price
Sold$1,300,000
Sold · November 20, 2025
9235 SW 42nd Street
4 bed · 3 bath
$45,000 under the asking price
Sold$625,000
Sold · September 15, 2025
9210 SW 41st Street
4 bed · 2 bath · 1,478 sqft · $423/sqft
$74,000 under the asking price
See every recorded sale in Ascot Park or find out what your Ascot Park home is worth.
