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8540 SW 174th St, Palmetto Bay FL 33157

Lots/Land For Sale
$2,360,000

BTC: 31.05263158

ETH: 944.00000000

New
0 room(s)

Overview

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

Location

Florida • Palmetto Bay • 33157 • Lots/Land • For Sale

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
1.25 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,000,000
$465K – $2.9M
Confidence Low
List vs. estimate
$1.4M above estimate
List $2,360,000 · +136.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $972K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$24,271
2025
View
None
All facts and features

  • Lot

    • Lot: 1.25 Acres

    Other Property Information

    • Parcel Number: 33-50-34-000-0350

    • Zoning: 2100

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $24,271

  • Source details

    • MLS ID: A12085947

    Other facts

    • Lot Features: City Location / Septic

    • Direction Faces: West

    • Other Structures: None

    • Water Source: Municipal Water

    • Subdivision Name: UNPLATTED

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33157
270
median $735K
Active
Same city
Palmetto Bay
103
median $1.3M
Active
Same type
Lots/Land
10
median $1.1M
Active
Similar price
$1.7M – $3.1M
34
median $1.9M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Group 3 Realty