$1,275,000
SOLD JAN 22, 2025

7861 SW 181st Terrace Palmetto Bay, FL 33157

4 Beds
3 Baths
3,347 Sq Ft
0.34 Acres

Recently Sold

$381 Per Sq Ft

9% Below List Price

147 Days on Market

Highlights

  • Hot Property
  • In Ground Pool
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Vaulted Ceiling
  • Pool View

About This Home

As of January 2025

Nestled in the desirable Cape Cutler Estates of Palmetto Bay, this 4 bedroom home offers a blend of timeless charm and modern amenities on a lush 1/3 acre lot. Designed with family living in mind, the home boasts a floor plan featuring soaring 15-foot ceilings and elegant 8-foot doors. It also features a heated pool, expansive patio and a spacious kitchen that overlooks the pool. The kitchen is a chef's dream with custom wood cabinetry, new stainless steel appliances, granite countertops, and a central island, all flowing seamlessly into a generous family room. The oversized primary suite offers a luxurious retreat with a private atrium. Ideally located a short distance from top schools and shopping centers, the home provides both comfort and convenience in a serene, secure setting.

Last Agent to Sell the Property

Carlos A. Rojas

ReLink Real Estate License #3355504 Listed on: 08/28/2024

ReLink Real Estate

Co-Listed By

Joseph Guerrero

ReLink Real Estate License #3015597

Last Buyer's Agent

Danilo Dominguez Cruz

Tsalach Real Estate License #3450478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,112

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,347 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

  • Intercom Access
  • Security System Owned
  • Complete Panel Shutters or Awnings

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 33-50-34-023-0680

Community Details

Overview

  • Property has a Home Owners Association
  • Cape Cutler Estates Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,112

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: RLNK01
  • Co List Office Phone: 305-985-2272
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CAPE CUTLER ESTATES
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Cooking Island, Entrance Foyer, French Doors, Pantry, Volume Ceilings, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 3347
  • Other Equipment: Automatic Garage Door Opener, Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Panel Shutters/Awnings, Hurricane Shutters, Bay Window(s), Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Shingle
  • View: Pool
  • Exterior Features: Fruit Trees, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CAPE CUTLER ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Tennis Court(s)

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 33-50-34-023-0680
  • Lot Size Sq Ft: 15000
  • Zoning: 2100

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Jan 22, 2025
Sold by
Gomez Lydia Feliciana Marquez and Marquez Lydia Feliciana
Bought by
Jh Insurance Group Llc
Seller's Agent
Carlos A. Rojas
ReLink Real Estate
Buyer's Agent
Danilo Dominguez Cruz
Tsalach Real Estate
List Price
$1,400,000
Sold Price
$1,275,000
Premium/Discount to List
-$125,000
-8.93%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.76%
Original Mortgage
$1,260,000
Outstanding Balance
$745,241
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$1,261,654

Purchase Details

Closed on
Apr 4, 2024
Sold by
Gomez Lydia Feliciana Marquez and Gomez Rene Robert
Bought by
Marquez Lydia Feliciana and Gomez Lydia Feliciana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,700
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2022
Sold by
Marquez Joaquin
Bought by
Gomez Rene Robert and Gomez Lydia Feliciana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 27, 2022
Sold by
Menocal Iii Luis F and Garcia Carmen
Bought by
Gomez Rene Robert and Gomez Lydia Feliciana
Seller's Agent
Henry Paul
Brown Harris Stevens
Buyer's Agent
Marilyn Cromer
Douglas Elliman
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.24%
Original Mortgage
$300,000
Interest Rate
5.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 22, 2010
Sold by
Boyd Thomas R and Boyd Nancy K
Bought by
Menocal Luis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Perera Jose A and Perera Cathy G
Bought by
Boyd Thomas R and Boyd Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,275,000 Folio Title
Warranty Deed $1,275,000 Folio Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $320,000 --
Warranty Deed $1,200,000 Thomas L Harris Pa
Warranty Deed $332,500 Thomas L Harris Pa
Warranty Deed $500,000 Attorney
Warranty Deed $785,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,260,000 Construction
Closed $1,260,000 Construction
Previous Owner $585,700 New Conventional
Previous Owner $575,000 New Conventional
Previous Owner $300,000 Balloon
Previous Owner $960,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $628,000 Purchase Money Mortgage
Previous Owner $400,000 Credit Line Revolving
Previous Owner $97,907 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $2,300,000 +80.4% --
01/22/2025 01/22/25 Sold $1,275,000 -7.3% $381 / Sq Ft
11/04/2024 11/04/24 Price Changed $1,375,000 -1.4% $411 / Sq Ft
09/26/2024 09/26/24 Price Changed $1,395,000 -0.4% $417 / Sq Ft
08/28/2024 08/28/24 For Sale $1,400,000 +16.7% $418 / Sq Ft
06/28/2022 06/28/22 Sold $1,200,000 -6.3% $359 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $1,280,000 -14.7% $382 / Sq Ft
04/18/2022 04/18/22 For Sale $1,500,000 -- $448 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,424 $1,048,455 $450,000 $598,455
2024 $17,112 $944,910 -- --
2023 $17,112 $987,271 $375,000 $612,271
2022 $8,382 $490,890 $0 $0
2021 $12,067 $476,593 $0 $0
2020 $11,903 $470,013 $0 $0
2019 $11,719 $459,446 $0 $0
2018 $11,373 $450,880 $0 $0
2017 $7,653 $441,607 $0 $0
2016 $7,620 $432,524 $0 $0
2015 $7,755 $429,518 $0 $0
2014 $7,849 $426,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11649608

MIAMI REALTORS® MLS

APN: 33-5034-023-0680