How do I schedule a tour of 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?

Use the Tour button on this listing to request a showing of 8298 SW 173rd 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 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 still available?

8298 SW 173rd Terrace, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 7 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 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?

With 20% down ($370,000) on the $1,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 is about $9,723/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8298 SW 173rd 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.

Does 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 have an HOA fee?

Yes: 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 carries an HOA fee of about $348 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?

8298 SW 173rd 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 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?

Often, yes. The right offer on 8298 SW 173rd 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.

Sold

7 Days on Market

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$1,680,000

Sold · August 26, 2026

8298 SW 173rd Terrace

Palmetto Bay, FL 33157

GROVES AT OLD CUTLER

Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate

Sale Summary

What this home sold for

Sold price: $1,680,000
Vs. list price: 9.2% under
Days on market: 7
Price per sq ft: $551

This 5-bedroom single-family home in Groves At Old Cutler sold for $1,680,000 on August 26, 2026. That was 9.2% below its final list price of $1,850,000. It spent 7 days on the market. At $551 per square foot, it closed 26.1% above the $437 median of the 4 other single-family home sales in the recent closings shown below.

Bedrooms

Bathrooms

3,047

Living Sq Ft

2003

Year Built

Listing Snapshot

Sold Price: $1,680,000
Sold On: August 26, 2026
Days on Site: 7 Days
Bedrooms: 5
Total Baths: 5
Full Baths: 4
Partial Baths: 1
Living Area: 3,047 sqft
Total Sq Ft: 3,889 sqft
Lot Size: 0.48 Acres
Year Built: 2003
Property Type: Single Family
MLS #: A12048539
Property Tax: $16,691 (2025)
HOA Fees: $348 / Quarterly
Subdivision: GROVES AT OLD CUTLER
County: Miami Dade
Status: Sold
Special Conditions: Listed As Is

About This Property

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.

Virtual Tour

General Features

Property Type: Single Family
Status: Sold
Year Built: 2003
Property Condition: Resale
Number of Stories: 1
Levels: One / Multi Split
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached / Boat / Circular Driveway / Driveway / Electric Vehicle Charging Stations / Garage / Golf Cart Garage / Garage Door Opener / Guest / Paver Block / Rv Access Parking
Direction Faces: Northeast
Lot Size (Acres): 0.48
Living Sq Ft: 3,047
Total Sq Ft: 3,889
Sewer: Septic Tank
Water Source: Public
Zoning: 2100

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Oven / Refrigerator
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Carpet / Tile / Wood
Interior Features: Wet Bar / Breakfast Bar / Built In Features / Bathtub / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Jetted Tub / Kitchen Island / Split Bedrooms / Soaking Tub / Separate Shower / Vaulted Ceilings / Walk In Closets
Laundry: Laundry Tub
Windows: Plantation Shutters
Total Rooms: 2

Exterior Features

Construction: Block
Roof: Barrel
Exterior Features: Outdoor Living Area
Architectural Style: Split Level
Private Pool: Yes
Pool Features: Heated / In Ground / Pool Equipment
Patio & Porch: Patio
Lot Features: Sprinkler System
Waterfront Features: Canal Front / None
Frontage: Waterfront
Frontage Length: 142.00 ft
View: Canal / Water

Community & HOA

HOA Fee: $348 / Quarterly
Association Amenities: Maintenance
Community Features: Home Owners Association
Security: Fire Alarm
Pets Allowed: 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

Groves At Old Cutler

View Community Details →

Homes for Sale: 0

Frequently Asked Questions

How do I schedule a tour of 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?: Use the Tour button on this listing to request a showing of 8298 SW 173rd 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 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 still available?: 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 7 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 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?: With 20% down ($370,000) on the $1,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 is about $9,723/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8298 SW 173rd 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.
Does 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 have an HOA fee?: Yes: 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 carries an HOA fee of about $348 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?: 8298 SW 173rd 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 8298 SW 173rd Terrace, Palmetto Bay, FL 33157?: Often, yes. The right offer on 8298 SW 173rd 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 Realty Hub

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 7, 2026.

$1,680,000

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Listed by Patricia Gail Sanders, Realty Hub

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Recently sold homes in Groves At Old Cutler

These are the last 4 recorded closings in Groves At Old Cutler, with the price each home actually sold for rather than what it was listed at. They closed at a median of $462 per square foot. The most recent closed on September 3, 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.