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9940 SW 48th StMiami, FL 33165

For Sale

$660,000

Smart Buyer Rebate $6,600

Attention investors, renovators, and future homeowners! Discover an incredible opportunity to own a spacious 4-bedroom, 2-bathroom single-family home in the desirable Olympia Heights neighborhood.

Situated on an oversized lot with no HOA, this property offers endless possibilities to renovate, customize, and create the home you’ve been looking for. The functional floor plan provides generous living spaces, while the separate studio in the backyard offers additional flexibility for extended family, guests, a private home office, or other potential uses.

The expansive outdoor area provides plenty of room for entertaining, future improvements, multiple vehicles, a boat, jet skis, and more. Whether you’re searching for your next investment project or a home you can personalize and enjoy for years to come, this property offers the space, location, and potential to bring your vision to life.

Centrally located near major expressways, shopping, dining, schools, and everyday conveniences. Opportunities with this much potential, a large lot, and no HOA are difficult to find. Schedule your private showing today!

Listed by Edwin Meza Ayala

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License #3398890

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Compass Florida, LLC

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3053050972

Last updated September 09, 2026

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Source: MIAMIRE #A12084935

Listing Facts

  • TypeSingle-family
  • NeighborhoodOlympia Heights
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu6
  • Taxes$6,591/year

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Swimming Pool

Location

Mortgage Calculator

Listing History

09/09/2026
Listed by Compass Florida, LLC
$660,000
  1. 09/09/2026$660,000
    Listed by Compass Florida, LLC

Property Details for 9940 SW 48th St

Association

Amenities

  • Community Features: Street Lights
  • Pets Allowed: Cats OK, Dogs OK, Yes

Exterior

Construction

  • Roof: Built-Up
  • Stories: 1
  • Window Features: Blinds
  • Year Built: 1952
  • Year Built Details: Resale
  • Architectural Style: One Story
  • Construction Materials: Block
  • Exterior Features: Lighting

Features

  • Direction Faces: North
  • Fencing: Fenced
  • Patio And Porch Features: Patio, Porch
  • View: Garden, Other

Measurements

  • Building Area Total: 2,459
  • Lot Size Area: 7,910
  • Lot Size Square Feet: 7,910
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 30-40-20-005-0400
  • Tax Annual Amount: $6,591.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Interior Features: Eat-in Kitchen, Master Downstairs

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4

Other

Location

  • City Region: Olympia Heights
  • Subdivision Name: TROPICAL ESTATES 1ST ADDN

Parking

Parking

  • Parking Features: Driveway, Other, RV Access/Parking

Schools

Elementary School

  • Elementary School: Tropical

High School

  • High School: Southwest Miami

Middle or Junior School

  • Middle Or Junior School: Riviera

Utilities

Equipment

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 2 bathrooms in this single-family home at 9940 SW 48th St.

What schools are nearby to 9940 SW 48th St?

Nearby schools include the Tropical Elementary School, Riviera Middle School, and Southwest Miami High School.

What are the annual taxes for 9940 SW 48th St?

Annual taxes for this single-family home are estimated at $6,591.

How does 9940 SW 48th St compare to other single-family homes in Olympia Heights?

This single-family home is listed 57% below the average price for single-family homes in Olympia Heights and has been on the market for 102 less days than the typical home in this area.

9940 SW 48th St is a 4-bedroom, 2-bath single-family home for sale in Miami FL 33165. Listed on Prevu for 6 days at $660,000. This home is located in Miami-Dade County. The median listing price for single-family homes in this area is $1,550,000. Nearby schools include Tropical Elementary School, Riviera Middle School, and Southwest Miami High School. Property amenities include private outdoor space, pets allowed, air conditioning, swimming pool, and washer/dryer. View other single-family home listings in Miami-Dade County.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.