
9240 SW 140th St, Miami FL 33176, MIAMI, FL, 33176
Active118 days on marketListed Apr 15, 2026MLS #A12001010
About this home
9240 SW 140th St, Miami FL 33176
Welcome to this spectacular waterfront estate on E-Lake (Lake Lennar), one of Palmetto Bay’s most coveted lakefront communities. Offering 7,897 square feet of luxurious living space, this exceptional 5-bedroom, 5-bath residence combines elegant design, resort-style amenities, and direct access to one of Miami’s premier recreational lakes. Set on a prime waterfront lot with its own private dock, the property offers the opportunity to enjoy boating, jet skiing, kayaking, paddleboarding, and other water activities right from your backyard. Conveniently located just behind The Falls shopping center, residents enjoy easy access to dining, shopping, parks, top-rated schools, and major roadways. Inside, a dramatic two-story foyer welcomes you with a grand staircase, custom iron railings, soaring ceilings, and abundant natural light. The gourmet kitchen is designed for both everyday living and entertaining, featuring granite countertops, a large center island, premium stainless steel appliances, custom cabinetry, and a statement chandelier. The kitchen opens seamlessly to the spacious family room and main living areas. The luxurious primary suite offers a private retreat with a spa-inspired bath featuring dual vanities, an oversized walk-in shower, and elegant custom finishes. Generously sized secondary bedrooms and living spaces provide comfort and flexibility for family and guests. Step outside to your own private waterfront oasis. The backyard features a sparkling pool and spa, covered terrace, full outdoor kitchen with grill and sink, lush tropical landscaping, and tranquil lake views. Whether enjoying sunset cruises from your private dock or entertaining poolside, this property embodies the very best of South Florida waterfront living. Additional highlights include a 3-car garage, high-end finishes throughout, and an unbeatable location in the heart of Palmetto Bay.
Facts & features
The home at a glance
5
Bedrooms
5.5
Bathrooms
5,461
Sqft
3
Garage
2009
Year built
$4
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$305 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$305/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$4 vs $513
Days on market
118 vs 66 typical
Where $4/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Miami
Get to know Miami. See the full Miami guide →
MIAMI 33176 — neighborhood snapshot
Population
52,190
Median age
41.3
Median income
$80,437
Median home value
$568,400
Avg household
2.7
Households w/ children
5,601
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 92% below the MIAMI 33176 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 9240 SW 140th St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$340,000
12122 GRAND OAK LANE · same community
3 bd · 3 ba · 1,367 sqft · $249/sqft · 39 DOM
Sold · Sep ’25$379,000
9404 LAKESHORE DRIVE · same community
3 bd · 2 ba · 1,296 sqft · $292/sqft · 27 DOM
Sold · Mar ’26$234,900
12040 LAKESHORE WAY · same community
2 bd · 2 ba · 1,085 sqft · $216/sqft · 152 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 9240 SW 140th St — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 9240 SW 140th St — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
9240 SW 140th St FAQs
What would the monthly payment be for 9240 SW 140th St, Miami FL 33176?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $305/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 9240 SW 140th St, Miami FL 33176?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $20,000, this home is listed about 97% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 9240 SW 140th St, Miami FL 33176?+
Leewood K-8 Center (elementary), Miami Killian Senior High School (high), Palmetto Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program (), District Instructional Center (Dic) () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the MIAMI 33176 market on paper
$20,000 is 92% below the MIAMI 33176 median of $244,950, and at $4/sqft it sits under the Miami average of $651.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Leewood K-8 Center, Miami Killian Senior High School, Palmetto Middle School, Instructional Center System Wide, Title I Migrant Education Program, District Instructional Center (Dic) — Leewood K-8 Center rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $25,000, now $20,000 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Cervera Real Estate Inc. · Yovani Garcia. MLS #A12001010.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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