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Sold for $480,000
  • $480,000

    9720 SW 181st Ter, Palmetto Bay, FL 33157

    2beds
    650sqft
    Single Family Residence
    Built in 1950
    0.28 Acres Lot
    $503,800 Zestimate®
    $738/sqft
    $2,380 Estimated rent

    Home value

    $503,800

    $448,000 - $569,000

    $2,380/mo

    Zestimate® history
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    $2,380/mo

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    $3,362/mo

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    What's special

    Nearly new roof
    Discover a rare opportunity to own a 12,080 SQFT lot in Palmetto Bay’s highly desirable "Opportunity Zone." Zoned for both commercial and residential development, this property is perfect for investors and developers eager to tap into the area’s growth potential. Currently, it features a well-maintained, owner-occupied 2-bedroom, 1-bath home with a nearly new roof and plenty of remaining life—ideal for comfortable living or rental income while planning future projects. With endless possibilities, from constructing modern townhomes to commercial office spaces, this property is a visionary’s dream. Located just 3-5 minutes walking distance from a new Lennar development, the area is rapidly evolving, offering long-term value. Don't miss this must-see opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Terry Clarke 786-217-2019,

    Inspired Lifestyle Realty, LLC

    Bought with:

    Ricardo Montilla, 3460571

    London Foster Realty

    Source: MIAMI,MLS#: A11667815MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Den/Library/Office, Family Room
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Other
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 690
    • Total interior livable area: 650 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Entry location: First Floor Entry
    • Pool features: R30-No Pool/No Water
    • Fencing: Fenced
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.28 Acres
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 3350320070380
    • Zoning: 0100

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Shingle
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: None, No Subdiv/Park Info
    • Subdivision: Morningside Acres
    HOA
    • Has HOA: No
    Location
    • Region: Palmetto Bay

    Financial & listing details

    • Price per square foot: $738/sqft
    • Tax assessed value: $595,766
    • Annual tax amount: $854
    • Date on market: 9/29/2024
    • Listing terms: All Cash,Conventional,FHA,FHA-Va Approved

    Price history

    DateEventPrice
    12/18/2024Sold$480,000-2%$738/sqft
    Source: MIAMI #A11667815 Report a problem
    12/2/2024Pending sale$490,000$754/sqft
    Source: MIAMI #A11667815 Report a problem
    11/9/2024Price change$490,000-10.9%$754/sqft
    Source: MIAMI #A11667815 Report a problem
    10/16/2024Price change$550,000-16%$846/sqft
    Source: MIAMI #A11667815 Report a problem
    10/8/2024Price change$655,000-3%$1,008/sqft
    Source: MIAMI #A11667815 Report a problem
    9/29/2024Listed for sale$675,000+2310.7%$1,038/sqft
    Source: MIAMI #A11667815 Report a problem
    9/17/2002Sold$28,000-49.1%$43/sqft
    Source: Public Record Report a problem
    12/31/1996Sold$55,000$85/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,023 +986.2%$595,766 +686.3%
    2024$1,015 +18.8%$75,764 +3%
    2023$854 +2.9%$73,558 +3%
    2022$830 +2.4%$71,416 +3%
    2021$811 +0.3%$69,336 +1.4%
    2020$808 +1.2%$68,379 +2.3%
    2019$799 +6.1%$66,842 +1.9%
    2018$753 -25.6%$65,596 +2.1%
    2017$1,011 +2.1%$64,247 +2.1%
    2016$991 -0.4%$62,926 +0.7%
    2015$995 $62,489 +0.8%
    2014$995 $61,994 +1.5%
    2013$995 $61,078 +1.7%
    2012$995 +1.1%$60,058 +3%
    2011$984 -3.1%$58,309 +1.5%
    2010$1,016 +4.7%$57,448 +2.7%
    2009$970 -2.2%$55,938 +91.2%
    2007$992 +3.2%$29,256
    2006$962 --
    2005$962 +2.4%--
    2004$939 --
    2003-- --
    2002$1,322 --
    2001$1,322 --
    Find assessor info on the county website

    Neighborhood: 33157

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $503,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $503,800