NOT LISTED FOR SALE

8540 SW 174th St Palmetto Bay, FL 33157

Estimated Value: $1,095,000 - $3,872,000

2 Beds
1 Bath
940 Sq Ft
$1,996/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $1,000,000 $1,064 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $11,345/month

68 Days on Market

Highlights

  • 54,450 Sq Ft lot
  • Garden View
  • 1-Story Property
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • No HOA
  • Combination Dining and Living Room

About This Home

As of June 2024

Sprawling, corner lot available in Palmetto Bay. 54,450 Sq Ft Lot. Property has been approved as eligible to be subdivided into two lots but has yet to be officially done so. Opportunity to create dream home on vast lot, or complete subdivision requirements and build two homes. Current 2 BD/1 BA home on lot can be renovated to livable condition or demolished to create more space to build.

Last Agent to Sell the Property

Drew Kern

BHHS EWM Realty License #0628522 Listed on: 03/29/2024

BHHS EWM Realty

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,710

Year Built

  • Built in 1950

Lot Details

  • 1.25 Acre Lot
  • North Facing Home
  • Property is zoned 2100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Garden Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Perrine Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Unplatted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-34-000-0350

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,710

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: UNPLATTED
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Other, No Additional Rooms
  • Spa Yn: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 940
  • Other Equipment: No Equipment
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: No Additional Rooms
  • Master Bathroom Features: None

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: UNPLATTED
  • Parking Features: Other

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Perrine
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-34-000-0350
  • Lot Size Sq Ft: 54450
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jun 6, 2024
Sold by
Hjb Triple Play Inc
Bought by
Giraldo Daniel
Seller's Agent
Drew Kern
BHHS EWM Realty
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$1,175,000
Sold Price
$1,000,000
Premium/Discount to List
-$175,000
-14.89%
Views
52
Current Estimated Value
$1,876,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$876,103
Avg. Annual Appreciation
59.93%

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jun 4, 2024
Sold by
Giraldo Daniel
Bought by
G3c & Pb Group Llc
Seller's Agent
Drew Kern
BHHS EWM Realty
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$1,175,000
Sold Price
$1,000,000
Premium/Discount to List
-$175,000
-14.89%
Views
52

Purchase Details

Closed on
Sep 30, 2021
Sold by
Capp Peter Lawrence
Bought by
Hjb Triple Play Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
Stand Alone First
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 Buyer Sale Price Title Company
Giraldo Daniel $1,000,000 Nu World Title
G3c & Pb Group Llc -- Nu World Title
Hjb Triple Play Inc $837,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hjb Triple Play Inc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $1,000,000 -14.9% $1,064 / Sq Ft
03/29/2024 03/29/24 For Sale $1,175,000 -- $1,250 / 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 $16,312 $1,360,492 $1,306,800 $53,692
2024 $15,710 $830,687 -- --
2023 $15,710 $799,155 $0 $0
2022 $13,211 $726,505 $625,050 $101,455
2021 $9,916 $506,772 $0 $0
2020 $8,869 $475,932 $451,425 $24,507
2019 $8,421 $475,932 $451,425 $24,507
2018 $8,443 $475,932 $451,425 $24,507
2017 $8,145 $400,373 $0 $0
2016 $7,516 $363,976 $0 $0
2015 $6,896 $338,545 $0 $0
2014 $6,491 $307,769 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Drew Kern

    Seller's Agent in 2024

    Drew Kern

    BHHS EWM Realty

    (305) 282-3000

    110 in this area

    302 Total Sales

    Drew Kern
    Section Image

  • M

    Buyer's Agent in 2024

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    9 in this area

    597 Total Sales

    MAR NON-MEMBER
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11559615

MIAMI REALTORS® MLS

APN: 33-5034-000-0350

Florida Miami/Dade County Palmetto Bay 33157

8540 SW 174th St, Palmetto Bay, FL

This home is located at 8540 SW 174th St, Palmetto Bay, FL 33157 since 29 March 2024 and is currently estimated at $1,876,103, approximately $1,995 per square foot. This property was built in 1950. 8540 SW 174th St is a home located in Miami-Dade County with nearby schools including Dr. Henry E. Perrine Academy Of The Arts, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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