Unimproved Land in 7940 SW 166TH Street, Palmetto Bay, FL 33157 for sale with MLS# B26068893

RARE PALMETTO BAY OPPORTUNITY set within a serene enclave of impressive residences and lush, mature landscapes. THIS 15,388SF PARCEL offers an exceptional canvas for a CUSTOM ESTATE TO BE BUILT on this mostly cleared lot. ENVISION an architecturally significant residence complemented by a luxurious pool, landscaped grounds and curated outdoor living. LOC: Bicycle to Deering Estate, parks and nearby beaches. Convenient to highly regarded public and private schools, Fairchild Tropical Botanic Garden, 18-hole Palmetto Golf Course, plus surrounding shops, eateries, events +more. SPACE, SERENITY & LOCATION distinguish this increasingly rare Palmetto Bay homesite. IMPORTANT: Listing Broker has verified Sellers' identity and ownership; this property is authorized by the property owners for sale.

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7940 SW 166TH Street, Palmetto Bay, FL 33157

Price
Price:
$1,100,000.00
Original List Price:
$1,100,000.00
List Price per Sq Ft (Calculated, Approx.):
$71.48
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
August 27, 2026 2:11 am
Measures
Lot Area:
15,388 Sqft
Lot Features:
Oversized Lot, Fruit Tree(s)
Lot Size Acres:
0.3533
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Single Family, Residential
Vegetation and Trees:
Other, Mango
Property Entrance Faces:
North
Construction
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$7,383.00
Tax Year:
2025
Tax Assessed Value:
$403,755.00
Property Tax Details:
City/County, Land Only
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Available, Sewer Available
Water Source:
Other
Community
Subdivision Name:
CARMICHAEL ESTATES
Senior Community:
No
Development Status:
Other
Terms
Documents Available:
Other
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
CARMICHAEL ESTATES PB 142-91 T-17966 LOT 12 BLK 1 LOT SIZE 15388 SQ FT F/A/U 30-5027-000-0910 & 047-0210 OR 17765-1462 0897 1 F/A/U 30-5027-
Real Estate Folio Number (Parcel Number):
3350270530120
Zoning:
2100
Public Schools Assigned
Elementary School:
Fairway
High School:
Miami Palmetto
Middle Or Junior School:
Southwood
Listing History
Active on the market since:
August 27, 2026
Listing Agreement executed on:
August 26, 2026
Listing Status Last Changed On:
August 27, 2026 2:11 am
Photos updated on:
August 27, 2026 9:26 am
Last Modified:
August 27, 2026 9:50 am
Additional Information
Courtesy of:
Keller Williams Realty of VB
Attribution:
Not provided
Road Surface Type:
Asphalt
Location
Street Name:
166TH
Street Number:
7940
City:
Palmetto Bay
State:
Florida
Zip Code:
33157
County:
Miami-Dade
Latitude:
N25° 36' 58.6''
Longitude:
W81° 40' 44.5''
Street Suffix:
Street
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) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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