Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

8298 SW 173rd Ter, Palmetto Bay FL 33157

House Recently Sold
$1,680,000

BTC: 21.73350582

ETH: 685.99428338

Sold on: 2026-08-26
7 days
Waterfront
5 bds
4 ba
3,047 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Circular Driveway / Driveway / Electric Vehicle Charging Station(s) / Golf Cart Parking / Guest / Paver Block / Rv/Boat Parking
Year Built:
2003
Lot:
20718 Square Feet
Heating:
Central / Electric
Price/sqft:
$607
Cooling:
Central Air / Electric
HOA:
$348

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,324,500
$974K – $4.5M
Confidence Low
List vs. estimate
$525K above estimate
List $1,850,000 · +39.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$607
+12.3% vs. city median $540
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,691
2025
HOA
$348/qtr
Pool
In Ground
View
Canal, Water
Waterfront
WF/Pool/No Ocean Access, Canal Front
Garage
2 car garage
Furnished
Partially Furnished
All facts and features
  • Flooring

    • Carpet

    • Tile

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Ice Maker

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • French Doors

    • Laundry Tub

    • Split Bedroom

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Wet Bar

    • Great Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • Circular Driveway

    • Driveway

    • Electric Vehicle Charging Station(s)

    • Golf Cart Parking

    • Guest

    • Paver Block

    • Rv/Boat Parking

    Lot

    • Lot: 20718 Square Feet

    Other Property Information

    • Parcel Number: 33-50-34-042-0200

    • Zoning: 2100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • HOA: $348

    • HOA Frequency: Quarterly

    • Annual tax amount: $16,691

  • Source details

    • MLS ID: A12048539

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Tub / Utility Room/Laundry

    • Lot Features: 3/4 To Less Than 1 Acre Lot

    • Patio And Porch Features: Patio

    • Pool Features: In Ground / Equipment Stays / Heated

    • Window Features: Complete Panel Shutters/Awnings / Plantation Shutters

    • Direction Faces: Northeast

    • Other Structures: Shed(s)

    • Architectural Style: Detached / One Story / Split Level

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3047

    • Water Source: Municipal Water

    • Subdivision Name: GROVES AT OLD CUTLER

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.

More like this

Recently Sold
$1,300,000
House
4 bds · 3 ba · 2,562 sqft
MANGOWOOD,Mangowood Estates, Palmetto Bay
8425 SW 149th Dr, Palmetto Bay FL 33158
Recently Sold
$1,595,000
Condo/Co-op
4 bds · 4 ba · 4,220 sqft
DEERING BAY CONDO II, Coral Gables
13635 Deering Bay Dr # 263, Coral Gables FL 33158
Recently Sold
$1,625,000
House
4 bds · 3 ba · 2,937 sqft
OLD CUTLER VILLAS, Palmetto Bay
7801 SW 171 St, Palmetto Bay FL 33157
Recently Sold
$1,570,000
Townhouse
5 bds · 4 ba · 4,303 sqft
ROYAL HARBOUR YACHT CLUB, Palmetto Bay
6230 Paradise Point Dr # 6230, Palmetto Bay FL 33157
Recently Sold
$1,300,000
House
4 bds · 3 ba · 1,824 sqft
MANGOWOOD,Mangowood Estates, Palmetto Bay
8401 SW 149th Dr, Palmetto Bay FL 33158
Recently Sold
$1,700,000
Condo/Co-op
3 bds · 3 ba · 2,740 sqft
VERONA AT DEERING BAY CON, Coral Gables
13627 Deering Bay Dr # 901, Coral Gables FL 33158
Recently Sold
$1,499,000
House
4 bds · 2 ba · 2,871 sqft
GARDEN MNR 2ND ADDN,GARDEN MANOR, Palmetto Bay
13800 SW 73rd Ave, Palmetto Bay FL 33158
Recently Sold
$1,900,000
Townhouse
3 bds · 3 ba · 3,132 sqft
DEERING BAY CLUB VILLAS, Coral Gables
13644 SW 60th Ave, Coral Gables FL 33158

Market around this address

Live counts in the same area.
View all

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: Realty Hub