
9240 SW 40th Ter, Miami, FL 33165
Miami, FL 33165 · ASCOT PARK
About 9240 SW 40th Ter, Miami, FL 33165
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.
How This Listing Compares in Miami
Per square foot, it is asking 34% below the Miami median for sales closed over the last twelve months — worth a closer look at condition, floor and association costs.
| This home | Miami median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $264 | $397 |
| Days on market | 1 | 50 |
Medians from closed MLS sales in Miami; a starting point, not an appraisal.
Home Features at 9240 SW 40th Ter, Miami, FL 33165
- Flooring
- Ceramic Floor, Other
- Heating
- Central
- Cooling
- Central Air
- Architectural Style
- Detached
- Pool Private
- No
- Year Built Details
- Resale
The Building at 9240 SW 40th Ter, Miami, FL 33165
- Building Name
- ASCOT PARK
- Building Area Total
- 3397
- Building Area Units
- Square Feet
- Stories
- 1
- Stories Total
- 1
- Association
- No
Lot, Views & Construction at 9240 SW 40th Ter, Miami, FL 33165
- Lot Features
- Less Than 1/4 Acre Lot, Oversized Lot
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction
- Roof
- Shingle
- Sewer
- Septic Tank
- New Construction
- No
Taxes & Public Record for 9240 SW 40th Ter, Miami, FL 33165
- Parcel Number
- 30-40-21-006-0360
- Tax Annual Amount
- $11,746
- Tax Year
- 2,026
- Tax Legal Description
- 21 54 40 ASCOT PARK PB 53-99 LOT 5 & E4FT LOT 6 BLK 3 LOT SIZE 88.000 X 100 OR 20365-3060 04/2002 1
- Zoning
- 5700
- County Or Parish
- Miami-Dade County
Map & Neighborhood
9240 SW 40th Ter, Miami, FL 33165 · More homes in Miami
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9240 SW 40th Ter, Miami, FL 33165 at a Glance
Offered for sale in Miami 33165, 9240 SW 40th Ter is a multi-family home with about 3,217 square feet of living space, dating to 1958. The asking price is $849,000, on the market since November 9, 2026, with M & M Real Estate Brokerage as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.