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8500 SW 179th St, Palmetto Bay FL 33157

House For Sale
$1,475,000

BTC: 23.86731392

ETH: 844.78808706

137 days
5 bds
4 ba
3,045 sqft

Overview

Seller has elected to pause active market exposure and continue holding the property as an income-producing asset. Property remains leased at $8,500/month through March 2027 with the same tenant in place since March 2025. Qualified off-market inquiries may be considered subject to seller approval, lease terms, and buyer qualifications. Please contact listing agent for additional information. This fully remodeled luxury residence 5BR/4BA offers 3,045 SF of living space, strong long-term upside, and future end-user appeal in one of Palmetto Bay’s most desirable residential areas, offers proven rental history, income stability, and predictable cash flow. Ideal for investors, 1031 Exchange buyers, or future homeowners planning ahead who want to secure a quality asset now while benefiting from rental income.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1979
Lot:
15625 Square Feet
Heating:
Central
Price/sqft:
$484
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,350,000
$1.1M – $2.2M
Confidence Low
List vs. estimate
$125K above estimate
List $1,475,000 · +9.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$484
-14.6% vs. city median $566
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $887K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,103
2024
View
Garden, Other
Garage
2 car garage
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Gas Water Heater

    • Microwave

    • Gas Range

    • Refrigerator

    • Wall Oven

    Other interior features

    • First Floor Entry

    • 3 Bedroom Split

    • Volume Ceilings

    • Walk-In Closet(s)

    • Den/Library/Office

    • Family Room

    • Utility/Laundry In Garage

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 4

  • Parking

    • Driveway

    Property

    • Exterior Features: Open Balcony / Room For Pool

    Lot

    • Lot: 15625 Square Feet

    Other Property Information

    • Parcel Number: 33-50-34-024-0250

    • Zoning: 2100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $13,103

  • Source details

    • MLS ID: A11947680

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: In Garage / Washer/Dryer Hook-Up

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / East Of US 1 / Interior Lot

    • Patio And Porch Features: Awning(s) / Open Balcony / Open Porch / Patio

    • Direction Faces: North

    • Architectural Style: Detached / Two Story

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3045

    • Water Source: Municipal Water / Well

    • Subdivision Name: PINEWOOD ESTS 3RD ADDN

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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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: Avanti Way Realty LLC