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3,217 sqft

$849,000

9240 SW 40th Ter, Miami FL, 33165

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

Overview

Active

Listed Nov 9, 2026

Updated 41h 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
MLS provider logo

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2026 Miami Association of REALTORS® all rights reserved. 

Data last updated 5:48 AM UTC, 11/11/2026.

Listed by:  M & M Real Estate Brokerage, 305-776-0971

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