Lot/land

$2,360,000

8540 SW 174th St, Palmetto Bay, FL 33157

--beds

--baths

1.25Acres

Unimproved Land

Built in ----

1.25 Acres Lot

$1,231,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Low-density streetsDouble lot

Prime Development Opportunity of a double lot that is in process of being subdivided, in Palmetto Bay. Sprawling 54,450 SQ FT lot offering unparalleled versatility in Miami's premier suburban sanctuary. Build the ultimate luxury estate of your dreams with endless space for a private pool, tennis courts, a soccer field, and a tropical oasis. Alternatively, leverage the massive acreage with the potential to divide the land into 2 separate folios for a high-yield development project. Nestled in a highly sought-after neighborhood famed for its peaceful vibe, low-density streets, and top-rated A+ public and private schools. Enjoy close proximity to historic Old Cutler Road, pristine parks, and Biscayne Bay. Don't miss this blank canvas to create a custom masterpiece or maximize your investment return. Location, space, and endless potential! READY PLANS TO BE SUBMITTED FOR CITY APPROVAL

27 days
251
33

Likely to sell faster than

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Features

View description: None

Lot

Size: 1.25 Acres
Features: City Lot
Residential vegetation: Partially Wooded

Details

Additional structures: None
Parcel number: 3350340000350
Zoning: 2100

Utilities & green energy

Sewer: Septic Tank
Water: Municipal Water

Community & HOA

Community

Subdivision: Unplatted

HOA

Has HOA: No

Location

Region: Palmetto Bay

Financial & listing details

Tax assessed value: $1,360,492
Annual tax amount: $24,271
Date on market: 9/12/2026
Listing terms: All Cash,FHA 203K

Estimated market value

$1,231,300

$1.01M - $1.50M

Not available

Price history

Date	Event	Price
9/17/2026	Listed for sale	$2,360,000+136%
Source: MIAMI #A12085947 Report a problem
6/6/2024	Sold	$1,000,000-14.9%
Source: MIAMI #A11559615 Report a problem
4/23/2024	Contingent	$1,175,000
Source: MIAMI #A11559600 Report a problem
3/29/2024	Listed for sale	$1,175,000+2.2%
Source: MIAMI #A11559615 Report a problem
12/19/2023	Listing removed	--
Source: MIAMI #A11444571 Report a problem
10/14/2023	Price change	$1,150,000-8%
Source: MIAMI #A11444571 Report a problem
9/25/2023	Pending sale	$1,250,000
Source: MIAMI #A11444571 Report a problem
9/13/2023	Price change	$1,250,000-3.8%
Source: MIAMI #A11444571 Report a problem
9/1/2023	Listed for sale	$1,300,000+4%
Source: MIAMI #A11444571 Report a problem
11/20/2022	Listing removed	--
Source: MIAMI #A11216544 Report a problem
6/2/2022	Listed for sale	$1,250,000
Source: MIAMI #A11216296 Report a problem
2/19/2022	Listing removed	--
Source: RE/MAX International Report a problem
2/1/2022	Listed for sale	$1,250,000+49.3%
Source: MIAMI #A11154446 Report a problem
10/7/2021	Sold	$837,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$24,272 +48.8%	$1,360,492 +63.8%
2024	$16,312 +3.8%	$830,687 +3.9%
2023	$15,710 +18.9%	$799,155 +10%
2022	$13,211 +33.2%	$726,505 +43.4%
2021	$9,916 +11.8%	$506,772 +10%
2020	$8,869 +5.3%	$460,702 +10%
2019	$8,421 -0.3%	$418,820 -4.9%
2018	$8,443	$440,410 +10%
2017	$8,443 +5.5%	$400,373 +10%
2016	$7,999 +16%	$363,976 +7.5%
2015	$6,896 +6.2%	$338,545 +10%
2014	$6,491 +19.3%	$307,769 +10%
2013	$5,441	$279,790 +10%
2012	$5,441 +11.8%	$254,355 +10%
2011	$4,868 -18.2%	$231,232 -13.5%
2010	$5,948 -10.1%	$267,345 -16.3%
2009	$6,617 -47.1%	$319,552 -49.9%
2007	$12,503 +9.8%	$638,333
2006	$11,386	--
2005	$11,386 +27.3%	--
2004	$8,942	--
2003	--	--