$1,310,000
Sold · May 1, 2026
7940 SW 172nd Terrace
Palmetto Bay, FL 33157
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $1,310,000
- Vs. list price
- 6.1% under
- Days on market
- 8
- Price per sq ft
- $475
This 4-bedroom single-family home in Charlotte Estates sold for $1,310,000 on May 1, 2026. That was 6.1% below its final list price of $1,395,000. It spent 8 days on the market. At $475 per square foot, it closed 5.1% above the $452 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,310,000
- Sold On
- May 1, 2026
- Days on Site
- 8 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 2,756 sqft
- Total Sq Ft
- 4,077 sqft
- Lot Size
- 0.4 Acres
- Year Built
- 1976
- Property Type
- Single Family
- MLS #
- A11968035
- Property Tax
- $14,535 (2025)
- Subdivision
- Charlotte Estates
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Beautiful 4 bedroom,2.5 bath Palmetto Bay home. Featuring a circular drive and 2-car side entry garage. Foyer entry leads to formal living and dining rooms with vaulted ceilings and tile floors. Eat-in kitchen with center island, breakfast nook and full appliance package opens to family room with fireplace. Renovated half bath, indoor laundry and bar area, plantation shutters throughout. Primary suite overlooks the patio and features a modern bath with dual sinks, walk-in closet and adjacent office or workout room. Enjoy a deep covered patio and screened pool with cabana bath. Impact windows, metal roof, new A/C, new electrical panel, pool heater, EV charger, new sprinklers, security cameras and fenced yard.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1976
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Driveway / Garage
- Direction Faces
- North
- Lot Size (Acres)
- 0.4
- Living Sq Ft
- 2,756
- Total Sq Ft
- 4,077
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 2100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Tile / Vinyl
- Fireplace
- Yes
- Interior Features
- Built In Features / Bedroom On Main Level / Breakfast Area / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Pantry / Separate Shower / Stacked Bedrooms / Vaulted Ceilings / Bar
- Windows
- Drapes / Plantation Shutters / Rods
Exterior Features
- Construction
- Block
- Roof
- Metal
- Exterior Features
- Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Patio
- Lot Features
- Quarter To Half Acre Lot
- View
- Pool
Community & HOA
- Association Amenities
- None
- Utilities
- Cable Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2500
Schools
- Elementary School
- Dr. Henry E. Perrine Academy Of The Arts
- High School
- Miami Palmetto
About the Community
Charlotte Estates is a luxury community in Palmetto Bay, Miami-Dade County, Florida. Properties are priced from $1,300,000 to $1,500,000. Pure Equity lists homes in Charlotte Estates and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 2
- Median List Price
- $1,362,000
- Median $/Sq Ft
- $524
- Avg Days on Market
- 117
Frequently Asked Questions
- How do I schedule a tour of 7940 SW 172nd Terrace, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 7940 SW 172nd Terrace, 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 172nd Terrace, Palmetto Bay, FL 33157 still available?
- 7940 SW 172nd Terrace, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 8 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 172nd Terrace, Palmetto Bay, FL 33157?
- With 20% down ($279,000) on the $1,395,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7940 SW 172nd Terrace, Palmetto Bay, FL 33157 is about $7,331/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 172nd Terrace, 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 172nd Terrace, 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 172nd Terrace, Palmetto Bay, FL 33157?
- 7940 SW 172nd Terrace, Palmetto Bay, FL 33157 is zoned for Dr. Henry E. Perrine Academy Of The Arts (elementary), 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 172nd Terrace, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 7940 SW 172nd Terrace, Palmetto Bay, FL 33157 depends on how it's priced against comparable single family 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 BHHS EWM Realty
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.
$1,310,000
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Listed by Drew Kern, BHHS EWM Realty
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Recent Sales
Recently sold homes in Charlotte Estates
These are the last 4 recorded closings in Charlotte Estates, with the price each home actually sold for rather than what it was listed at. They closed at a median of $486 per square foot. The most recent closed on September 8, 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$1,225,000
Sold · September 8, 2026
7920 SW 172nd Terrace
4 bed · 3 bath · 2,519 sqft · $486/sqft
$25,000 under the asking price
Sold$1,464,000
Sold · May 14, 2026
17204 SW 79th Court
4 bed · 3 bath · 2,472 sqft · $592/sqft
$64,000 over the asking price
Sold$1,190,000
Sold · February 25, 2026
7860 SW 173rd Terrace
4 bed · 3 bath · 3,075 sqft · $387/sqft
$9,000 under the asking price
Sold$1,200,000
Sold · October 28, 2025
17022 SW 79th Place
4 bed · 2.5 bath · 2,878 sqft · $417/sqft
$75,000 under the asking price
See every recorded sale in Charlotte Estates or find out what your Charlotte Estates home is worth.
