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8298 SW 173rd Ter Palmetto Bay, FL $ 1,850,000
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8298 SW 173rd Ter
$ 1,850,000
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8298 SW 173rd Ter

Palmetto Bay, FL, 33157
$ 1,850,000
Bedrooms5 Baths4.1 Sq 3,047

Monthly Estimate*

$ 11,681

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Single Family Home for sale in Palmetto Bay, FL

for $1,850,000 with 5 bedrooms and 4 full baths, 1 half bath. This 3,047 square foot home was built in 2003.

Rarely available canal-front estate on the largest homesite in the gated Groves at Old Cutler. Set on approximately 0.48 acres, this exceptional 5-bedroom, 4.5-bath custom residence offers privacy, waterfront living, and expansive outdoor space in Palmetto Bay. **Built in 2003, this thoughtfully designed home features soaring 14-foot ceilings, an open-concept floor plan, split-bedroom layout, wood flooring, plantation shutters, wide crown molding, abundant natural light, custom built-in entertainment wall, wet bar, and spacious kitchen connected to the family room. **The private primary suite features a spa-inspired bathroom with soaking tub, separate walk-in shower, dual vanities, two walk-in closets, and access to the covered patio. **Designed for South Florida living, the expansive backyard offers a heated pool, covered patio, lush green space, and peaceful C-100 Canal views. Enjoy kayaking, fishing, entertaining, or relaxing in your private waterfront setting. The oversized lot provides flexibility for recreation, pets, and future enhancements. **A dedicated side parking area accommodates a boat, RV, trailer, golf cart, or recreational vehicles—an uncommon advantage within a gated community. **Ideally located near Deering Estate, Coral Reef Park, Black Point Park & Marina, shopping, dining, and top-rated schools, this Groves at Old Cutler residence offers a rare opportunity to own one of Palmetto Bay’s distinctive waterfront properties.

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Single Family Active

Price

$ 1,850,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 16,691

Style

Year Built

2003

Town/City

Palmetto Bay

County/Region

Miami-Dade

MLS | Web ID

A12048539
Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Possession Close Of Escrow
Roof Barrel
Appliances Built-In Oven Dryer Dishwasher Electric Range Disposal Ice Maker Microwave Refrigerator Self Cleaning Oven
HOA Fee 348
Garage Spaces 2
Patio/Porch Features Patio
Architectural Style Detached One Story Split Level
Pool Features Heated In Ground Pool Equipment Pool
Restrictions No Restrictions
Construction Materials Block
Pets Allowed No Yes
Year Built 2003
View Canal Water
Stories Count 1
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Canal Front
Community Features Home Owners Association Maintained Community
Assoc Fee Paid Per Quarterly
County Miami-Dade
Property Type Residential
Attached Garage true
Subdivision Name GROVES AT OLD CUTLER
Facing Direction Northeast
Garage Y/N true
Other Structures Shed(s)
Total Rooms 0
Full Baths 4
Special Listing Conditions Listed As-Is
Status Active
Directions From Old Cutler Rd (southbound): Turn right onto SW 168th St then left onto SW 84th Ave at traffic circle. Continue to SW 173rd Ter; home is on the right.
High School Miami Palmetto
City Palmetto Bay
Disclosures Owner Is Listing Agent
Senior Community Y/N false
Zoning Description 2100
MLS Area 50
Lot Size Units Square Feet
Lot Size Square Feet 20718
Listing Terms Cash Conventional
Elementary School Perrine
Year Built Details Resale
Tax Annual Amount 16691
Middle/Junior High School Southwood
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12048539
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Single Family Residence
Legal Description GROVES AT OLD CUTLER PB 146-60 T-18777 LOT 20 BLK 1 LOT SIZE 20718 SQ FT & INT IN COMMON AREAS FAU 30-5034-000 OR 19201-4158 072000 6 (21) F
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Interior
Interior Amenities Wet Bar Breakfast Bar Built-in Features Bathtub Closet Cabinetry Dining Area Separate/Formal Dining Room Dual Sinks French Door(s)/Atrium Door(s) First Floor Entry Jetted Tub Kitchen Island Split Bedrooms Separate Shower Vaulted Ceiling(s) Walk-In Closet(s)
Flooring Carpet Hardwood Tile Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Plantation Shutters
Half Baths 1
Laundry Features Laundry Tub
Total Bedrooms 5
Total Baths 5
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Exterior
Exterior Amenities Fence Patio Shed Storm/Security Shutters
Parking Features Attached Circular Driveway Driveway Electric Vehicle Charging Station(s) Garage Golf Cart Garage Guest Paver Block RV Access/Parking Garage Door Opener
Lot Features <1 Acre Sprinkler System
Water Source Public
Lot Size Area 20718
Building Area Total 3889
Frontage Length 142
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Door Features French Doors
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* Excluded Features
List By
Realty Hub

Broker

tsanders.realtor@gmail.com

Email

Affordability Calculator

$13,072
Per Month
89%
11%
0%
Monthly Principal & Interest
$11,681
Monthly Property Taxes
$1,391
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292899 Elementary School
4802177 Middle School
Miami Palmetto High School High School
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Pricing History
Date Price Price Change Description
8/6/2026 $1,850,000 Listed Price

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8298 SW 173rd Ter, Palmetto Bay, FL, 33157 is a Single Family Home for sale at $1,850,000 with 3,047 sqft. 8298 SW 173rd Ter has 5 bedrooms, 4.1 baths, and was built in 2003. The property's zip code is 33157 which is in Palmetto Bay, FL

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