Home » Palmetto Bay » 9720 SW 181st Ter, Palmetto Bay, FL 33157 | A11667815

9720 SW 181st Ter, Palmetto Bay, FL 33157 | For Sale

$550,000
Price has decreased by $125,000

Property Highlights

Listing ID A11667815 Status of this Listing: Active For Sale Property Type Residential Single Family House 2 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 650 Sqft/60.39 m2 approx. Building Area 690 Sqft/64.10 m2 approx. Lot area 12,008 Sqft/1115.58 m2 approx. Year Built 1950 Time of this property on Rebonus 18 Day(s)
13 Photos of this Property

9720 SW 181st Ter, Palmetto Bay, FL 33157

Property Description: Discover a rare opportunity to own a 12,080 SQFT lot in Palmetto Bay’s highly desirable "Opportunity Zone. " Zoned for both commercial and residential development, this property is perfect for investors and developers eager to tap into the area’s growth potential. Currently, it features a well-maintained, owner-occupied 2-bedroom, 1-bath home with a nearly new roof and plenty of remaining life—ideal for comfortable living or rental income while planning future projects. With endless possibilities, from constructing modern townhomes to commercial office spaces, this property is a visionary’s dream. Located just 3-5 minutes walking distance from a new Lennar development, the area is rapidly evolving, offering long-term value. Don 't miss this must-see opportunity!

Useful Info

Previous Asking Price:$655,000
Original List Price:$675,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • Detached
  • One Story
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Stories:1

Property Features

Waterfront:No
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Fence
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • Northwest

Taxes and Expenses

Tax Annual Amount:$854

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Owner
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Subdivision Name:MORNINGSIDE ACRES
Senior Community:No
Restrictions:No Restrictions

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Driveway

Utilities

Sewer:
  • Septic Tank
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax Information: Tax Reflects Homestead Tax
Housing Older Persons Act: No HOPA
Flood Zone : X
Type of Association: None
Rooms Description: Den/Library/Office,Family Room,Other
Style: R30-No Pool/No Water
FEMA Flood Zone Designations: X
Municipal Code: 33
Subdivision Number: 7

Zoning and Legal

Tax Legal Description:32 55 40 MORNINGSIDE ACRES PB 46-7 LOT 9 BLK 4 LOT SIZE 96.070 X 125 OR 20661-4434 092002 1 F/A/U 30-5032-007-0380
Real Estate Folio Number (Parcel Number):33-50-32-007-0380
Zoning Description:0100
Public Survey Township:33
Public Survey Range:50
Public Survey Section:32

Listing History

Update/EventDate/Days
Published Date:September 29, 2024 12:49 pm
On Market Date:September 29, 2024
Price Change Date Time:October 16, 2024 7:30 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:October 16, 2024 7:30 pm
Status Last Changed:September 29, 2024 12:49 pm
Photos Last Modified:October 9, 2024 10:29 pm
Last Modified:October 16, 2024 11:30 pm
Days on the Market Reference Date:October 16, 2024
Days on the Market (updated on Last Modified*):17
Cumulative Days on the Market (updated on Last Modified**):17

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos Count:13
Area:50
Ref ID:1088970389
Automated Valuation Display:Yes
Courtesy of:Inspired Lifestyle Realty, LLC
Universal Property Id:US-12025-N-3350320070380-R-N

Location

Show Property Address:Yes
Street Name:181st Ter
Street Number:9720
Street Direction Prefix:SW
Street Address:9720 SW 181st Ter
City : Palmetto Bay
State : Florida
Zip Code : 33157
County : Miami-Dade
Full Address:9720 SW 181st Ter, Palmetto Bay, FL 33157
Latitude:N25° 36' 3.8''
Longitude:W81° 39' 4''

Neighborhood

Postal City:Palmetto Bay

Property Map

Mortgage Calculator

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$