Home in 8298 SW 173rd Terrace, Palmetto Bay, FL 33157 for sale with MLS# A12048539

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.

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8298 SW 173rd Terrace, Palmetto Bay, FL 33157

Price
Price:
$1,850,000.00
Original List Price:
$1,850,000.00
List Price per Sq Ft (Calculated, Approx.):
$607.15
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
August 6, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
5
Full Bath:
4
Half Bath:
1
Room Type:
Laundry, Great Room
Master Bedroom Bath:
Separate Shower, Whirlpool Tub, Dual Sinks, Separate Tub
Dining Area:
Formal Dining, Snack Bar/counter
Measures
Living Area:
3,047 Sqft
Built-Up Area:
3,889 Sqft
Lot Size Acres:
0.48
Property Features
View from the Property:
Water, Canal
Waterfront:
Yes
Waterfront Features:
Canal Front, None
Frontage Length:
142
Private Pool
Swimming Pool Features:
Heated, In Ground, Equipment Included
Security:
Fire Alarm
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Electric Range, Ice Maker, Oven
Interior:
Walk-In Closet(s), Closet Cabinetry, Kitchen Island, Vaulted Ceiling(s), Built-in Features, Wet Bar, Bedroom Layout - Split
Patio and Porch:
Patio
Windows:
Plantation Shutters
Other Structures:
Shed(s)
Laundry:
Laundry Tub
Doors:
French Doors
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Fence:
Fenced
Property Entrance Faces:
Northeast
Sprinkler Description:
City Sprinkler System
Construction
Year Built:
2003
Roof:
Barrel
Architectural Style:
Split Level
Levels:
One
Entry Level (floor):
1
Construction Materials:
CBS
Flooring:
Carpet, Tile, Wood
Number of stories:
1
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$16,691.00
Tax Year:
2025
Association Fee:
$348.00
Association Fee Frequency:
Quarterly
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Parking Features:
Driveway, Garage, Garage Door Opener, Attached, Circular Driveway, Guest, Paver Block, Rv Access/parking, Golf Cart Garage, Electric Vehicle Charging Station(s), Attached Garage, Boat Access/parking
Utilities
Sewer:
Septic Tank
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Association Type:
Homeowner Association
Pets Allowed?
Amenities Provided by the Homeowner's Association (HOA):
Maintained Community
Subdivision Name:
GROVES AT OLD CUTLER
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
GROVES AT OLD CUTLER PB 146-60 T-18777 LOT 20 BLK 1 LOT SIZE 20718 SQ FT & INT IN COMMON AREAS FAU 30-5034-000 OR 19201-4158 072000 6 (21) F
Real Estate Folio Number (Parcel Number):
3350340420200
Zoning:
2100
Public Schools Assigned
Elementary School:
Dr. Henry E. Perrine Academy Of The Arts
High School:
Miami Palmetto
Listing History
Active on the market since:
August 6, 2026
Listing Agreement executed on:
August 6, 2026
Listing Status Last Changed On:
August 6, 2026 4:00 am
Photos updated on:
August 6, 2026 4:20 pm
Last Modified:
August 6, 2026 5:24 pm
Additional Information
Courtesy of:
Realty Hub
Attribution:
Not provided
Location
Street Name:
173rd
Street Number:
8298
City:
Palmetto Bay
State:
Florida
Zip Code:
33157
County:
Miami-Dade
Latitude:
N25° 36' 33.6''
Longitude:
W81° 40' 26''
Street Suffix:
Terrace
Street Direction Prefix:
SW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $80,364
Median Home Value $478,300
Median Rent $1,493/mo
Median Age 40
Population 69,605

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.