$1,100,000
7940 SW 166TH Street
Palmetto Bay, FL 33157
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,100,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 28
This lot in ZIP 33157 is listed at $1,100,000. It has been on the market for 28 days.
Estimated monthly payment
$5,781 /mo
Principal and interest only, based on $220,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,100,000
- Days on Site
- 28 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.35 Acres
- Property Type
- Land
- MLS #
- B26068893
- Property Tax
- $7,383 (2025)
- Subdivision
- CARMICHAEL ESTATES
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Standard
About This Property
RARE PALMETTO BAY OPPORTUNITY set within a serene enclave of impressive residences and lush, mature landscapes. THIS 15,388SF PARCEL offers an exceptional canvas for a CUSTOM ESTATE TO BE BUILT on this mostly cleared lot. ENVISION an architecturally significant residence complemented by a luxurious pool, landscaped grounds and curated outdoor living. LOC: Bicycle to Deering Estate, parks and nearby beaches. Convenient to highly regarded public and private schools, Fairchild Tropical Botanic Garden, 18-hole Palmetto Golf Course, plus surrounding shops, eateries, events +more. SPACE, SERENITY & LOCATION distinguish this increasingly rare Palmetto Bay homesite. IMPORTANT: Listing Broker has verified Sellers' identity and ownership; this property is authorized by the property owners for sale.
General Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- North
- Lot Size (Acres)
- 0.35
- Sewer
- Public Sewer
- Water Source
- Other
- Zoning
- 2100
Exterior Features
- Lot Features
- Fruit Trees / Oversized Lot / Quarter To Half Acre Lot
Community & HOA
- Utilities
- Electricity Available / Sewer Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2500
Schools
- Elementary School
- Coral Reef (Miami-Dade)
- Middle School
- Southwood
- High School
- Miami Palmetto
About the Community
- Homes for Sale
- 1
- Under Contract
- 0
- Avg Days on Market
- 28
Frequently Asked Questions
- How do I schedule a tour of 7940 SW 166TH Street, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 7940 SW 166TH Street, Palmetto Bay, FL 33157. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 7940 SW 166TH Street, Palmetto Bay, FL 33157 still available?
- 7940 SW 166TH Street, Palmetto Bay, FL 33157 is currently listed as Active, and has been on the market 28 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 7940 SW 166TH Street, Palmetto Bay, FL 33157?
- With 20% down ($220,000) on the $1,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7940 SW 166TH Street, Palmetto Bay, FL 33157 is about $5,781/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 7940 SW 166TH Street, Palmetto Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7940 SW 166TH Street, Palmetto Bay, FL 33157. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 7940 SW 166TH Street, Palmetto Bay, FL 33157?
- 7940 SW 166TH Street, Palmetto Bay, FL 33157 is zoned for Coral Reef (Miami-Dade) (elementary), Southwood (middle), Miami Palmetto (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 7940 SW 166TH Street, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 7940 SW 166TH Street, Palmetto Bay, FL 33157 depends on how it's priced against comparable land sales in Palmetto Bay, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Keller Williams Realty of Vero
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$1,100,000
Interested in This Property?
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Listed by Denise Panny, Keller Williams Realty of Vero
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Recent Sales
Recently sold homes in ZIP 33157
These are the last 6 recorded closings in ZIP 33157, with the price each home actually sold for rather than what it was listed at. They closed at a median of $463 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$883,000
Sold · October 15, 2026
8425 SW 174th Street
4 bed · 3 bath · 1,993 sqft · $443/sqft
$41,999 under the asking price
Sold$1,915,000
Sold · October 14, 2026
8600 SW 162nd Street
6 bed · 3 bath · 3,369 sqft · $568/sqft
$84,000 under the asking price
Sold$720,000
Sold · October 13, 2026
17405 SW 109th Court
3 bed · 2 bath · 1,976 sqft · $364/sqft
$79,000 under the asking price
Sold$875,000
Sold · October 13, 2026
18451 SW 90th Avenue
4 bed · 2 bath · 1,656 sqft · $528/sqft
$4,000 under the asking price
Sold$665,000
Sold · October 13, 2026
9921 SW 195th Street
2 bed · 2 bath
Sold$1,800,000
Sold · October 13, 2026
5996 Paradise Point Drive
3 bed · 4 bath · 3,885 sqft · $463/sqft
$50,000 under the asking price
See every recorded sale in ZIP 33157 or find out what your ZIP 33157 home is worth.
