8298 SW 173rd Ter Palmetto Bay FL 33157 MLS #A12048539
8298 SW 173rd Ter
Palmetto Bay, FL, 33157
$1,850,000
5 Beds
4.5 Baths
3,047 SqFt
0 Acres
$1,850,000
8298 SW 173rd Ter
Palmetto Bay, FL, 33157
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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.

Property Details

Price:
$1,850,000
MLS #:
A12048539
Status:
Active
Beds:
5
Baths:
4.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GROVES AT OLD CUTLER
Neighborhood:
grovesatoldcutler
Listed Date:
Aug 6, 2026
Finished Sq Ft:
3,047
Total Sq Ft:
3,889
Year Built:
2003
WaterfrontCanalfrontPoolGroves At Old CutlerGrovesatoldcutlerGroves At Old CutlerPerrineSouthwoodMiami PalmettoNo Restrictions

Schools

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

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Electric
Flooring
Carpet, Tile, Wood
Heating
Central, Electric
Interior Features
First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, French Doors, Laundry Tub, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Great Room, Utility Room/Laundry
Laundry Features
Laundry Tub, Utility Room/Laundry

Exterior

Architectural Style
Detached, One Story, Split Level
Attached Garage YN
1
Community Features
Maintained Community, Mandatory Hoa
Construction Materials
CBS Construction
Covered Spaces
2
Direction Faces
Northeast
Fencing
Fenced
Garage Spaces
2
Lot Features
3/4 To Less Than 1 Acre Lot
Open Parking YN
1
Other Structures
Shed(s)
Parking Features
Circular Driveway, Driveway, Electric Vehicle Charging Station(s), Golf Cart Parking, Guest, Paver Block, Rv/Boat Parking
Patio And Porch Features
Patio
Roof
Barrel Roof
Security Features
Fire Alarm
View
Canal, Water
Waterfront Features
WF/Pool/No Ocean Access, Canal Front
Window Features
Complete Panel Shutters/Awnings, Plantation Shutters

Financial

HOA Fee
$348
HOA Fee Frequency
Quarterly
Tax Year
2025
Taxes
$16,691
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Current real estate data for Single Family in Palmetto Bay as of Aug 09, 2026
121
Single Family Listed
122
Avg DOM
563
Avg $ / SqFt
$1,656,912
Avg List Price

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Property Summary

    Located in the GROVES AT OLD CUTLER subdivision, 8298 SW 173rd Ter Palmetto Bay FL is a Single Family for sale in Palmetto Bay, FL, 33157. It is listed for $1,850,000 and features 5 beds, 5 baths, and has approximately 3,047 square feet of living space, and was originally constructed in 2003. The current price per square foot is $607. The average price per square foot for Single Family listings in Palmetto Bay is $563. The average listing price for Single Family in Palmetto Bay is $1,656,912.
8298 SW 173rd Ter
Palmetto Bay, FL