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9930 SW 40th Terrace, Miami, FL 33165
Sold
11 Days on Market
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$625,000

Sold · June 4, 2026

9930 SW 40th Terrace

Miami, FL 33165

TROPICAL ESTATES

Explore the area: Miami homes for sale · Miami Dade County real estate

What this home sold for

Sold price
$625,000
Vs. list price
6.1% over
Days on market
11
Price per sq ft
$484

This 4-bedroom single-family home in Tropical Estates sold for $625,000 on June 4, 2026. That was 6.1% above its final list price of $589,000. It spent 11 days on the market. At $484 per square foot, it closed in line with the $471 median of the 6 other single-family home sales in the recent closings shown below.

4
Bedrooms
3
Bathrooms
1,292
Living Sq Ft
1953
Year Built

Listing Snapshot

Sold Price
$625,000
Sold On
June 4, 2026
Days on Site
11 Days
Bedrooms
4
Total Baths
3
Full Baths
3
Partial Baths
0
Living Area
1,292 sqft
Total Sq Ft
1,292 sqft
Lot Size
0.22 Acres
Year Built
1953
Property Type
Single Family
MLS #
A12014378
Property Tax
$3,355 (2025)
Subdivision
TROPICAL ESTATES
County
Miami Dade
Status
Sold
Special Conditions
Listed As Is

About This Property

Great opportunity in the highly desirable Olympia Heights neighborhood! This well-maintained 4-bedroom, 3-bathroom home includes a private 1-bedroom, 1-bath in-laws suite with its own entrance and also connected to the main residence—ideal for extended family, guests, or additional flexibility. Recently renovated bathrooms and updated flooring add modern appeal throughout the home. The property offers ample parking space for multiple vehicles and a boat, along with a spacious backyard perfect for entertaining and family gatherings. Best of all, there are no HOA fees. Conveniently located near top-rated schools, parks, and FIU, with easy access to both the Turnpike and Palmetto Expressway for an easy commute.

MLS media link

General Features

Property Type
Single Family
Status
Sold
Year Built
1953
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
0
Parking
Circular Driveway
Direction Faces
North
Lot Size (Acres)
0.22
Living Sq Ft
1,292
Total Sq Ft
1,292
Sewer
Septic Tank
Water Source
Public
Zoning
0100

Interior Features

Appliances
Dryer / Electric Water Heater / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile / Laminate / Other
Interior Features
Bedroom On Main Level
Total Rooms
2

Exterior Features

Construction
Block
Roof
Shingle
Exterior Features
Room For Pool
View
Other

Community & HOA

Association Amenities
None
55+ Community
Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Other Restrictions
MLS Area
2400

Schools

Elementary School
Olympia Heights
Middle School
Riviera
High School
Southwest Miami

Tropical Estates is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $699,990 to $899,000. Homes were built between 1952 and 1953. Pure Equity lists homes in Tropical Estates 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
Under Contract
1
Median List Price
$724,450
Median $/Sq Ft
$516
Avg Days on Market
1
View all 2 homes for sale in Tropical Estates →
How do I schedule a tour of 9930 SW 40th Terrace, Miami, FL 33165?
Use the Tour button on this listing to request a showing of 9930 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 9930 SW 40th Terrace, Miami, FL 33165 still available?
9930 SW 40th Terrace, Miami, FL 33165 is currently listed as Sold, and has been on the market 11 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 9930 SW 40th Terrace, Miami, FL 33165?
With 20% down ($117,800) on the $589,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 9930 SW 40th Terrace, Miami, FL 33165 is about $3,095/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 9930 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 9930 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 9930 SW 40th Terrace, Miami, FL 33165?
9930 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 9930 SW 40th Terrace, Miami, FL 33165?
Often, yes. The right offer on 9930 SW 40th Terrace, Miami, FL 33165 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 Direct Realty Solutions

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 July 1, 2026.

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Listed by Maria L Martinez, Direct Realty Solutions

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