Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
3,217 sqft

$849,000

9240 SW 40th Terrace, Miami FL, 33165

Price per sqft$263.91
Built in1958
Property size3,217 sqft
Property typeMulti-family

Overview

Active

Listed Nov 10, 2026

Updated 7h ago

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.

$5,648/mo

Est. mortgage payment based on a $849,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$11,746
Tax Frequency
Annually

Also listed on MCRTC

Listed with M & M Real Estate Brokerage

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2026 Association of Palm Beaches. All rights reserved. 

Data last updated 4:42 AM UTC, 11/11/2026

 

Powered by Luxury Presence