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7571 SW 148th Ter, Palmetto Bay FL 33158

House Active With Contract
$1,399,000

BTC: 21.46363915

ETH: 735.29411765

11 days
Waterfront
4 bds
2 ba
2,344 sqft

Overview

Rare opportunity to own a meticulously maintained canal-front home in Old Cutler Cove, one of the few gated communities in Palmetto Bay with low HOA fees. Ideally situated on a cul-de-sac, directly across from Coral Reef Park, this property offers exceptional privacy with no rear neighbors and a 20,313 square foot lot with ample room to design and build your custom waterfront pool. French doors in the primary suite, living room and kitchen lead out to the tranquil backyard with picturesque canal views. Neighbors enjoy fishing, paddleboarding and small watercraft in the navigable canal. This move-in-ready home features 4 bedrooms, 2.5 baths, vaulted ceilings, tile flooring, abundant natural light and a coveted split bedroom plan. Recent upgrades include new electrical panel and conduit, digital irrigation system, face and fingerprint recognition smartlock, Nest thermostat, under sink RO system, custom closets, plantation shutters, aluminum fencing and brand new combo washer/dryer. Ideally located near the “A” rated Coral Reef Elementary school, neighborhood parks and the popular local farmer’s market. This exceptional home offers serene water views, modern conveniences, and unparalleled privacy.

Location

Details

Type:
Residential
Parking:
Other
Year Built:
1989
Lot:
20313 Square Feet
Heating:
Central / Electric
Price/sqft:
$597
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
$490

Valuation

Our model vs. what's actually selling nearby.
Estimate
$699,000
$437K – $1.4M
Confidence Low
List vs. estimate
$700K above estimate
List $1,399,000 · +100.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$596
+9.8% vs. city median $543
Based on
7 MLS comparables
+ 20 public-records sales within 0.5 mi
Median actual sale: $1.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,534
2025
HOA
$490/qtr
View
Canal, Garden
Waterfront
WF/No Ocean Access, Canal Front
Garage
2 car garage
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Entrance Foyer

    • French Doors

    • Roman Tub

    • Split Bedroom

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • No Additional Rooms

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Other

    Property

    • Exterior Features: Lighting / Room For Pool

    Lot

    • Lot: 20313 Square Feet

    Other Property Information

    • Parcel Number: 33-50-23-039-0440

    • Zoning: 2100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • HOA: $490

    • HOA Frequency: Quarterly

    • Annual tax amount: $6,534

  • Source details

    • MLS ID: A12046678

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Window Features: Clear Impact Glass / Complete Impact Glass / Impact Glass / Picture Window

    • Direction Faces: South

    • Architectural Style: Detached / One Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2344

    • Water Source: Municipal Water

    • Subdivision Name: OLD CUTLER CREEK

Private inquiry
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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: BHHS EWM Realty