7201 SW 174th St, Palmetto Bay FL 33157 | Miami-Dade County | A11996652
- $1,995,000
- $1,995,000
Description
Rare opportunity in an ideal Palmetto Bay location! Situated on a sprawling 37,897 SF canal-front corner lot, this 6-bedroom, 4-bath residence offers endless potential to create your dream estate. Tucked away on a quiet street, the property features expansive grounds with ample space to park boats, RVs, and additional vehicles. The home offers two separate entertainment areas, a charming working fireplace, and a covered summer kitchen area overlooking the backyard and canal. Whether you choose to renovate and reimagine the existing residence or start fresh with a brand-new custom home, the lot, location, and setting make this a truly special offering. Surrounded by lush greenery and estate-style homes, this property is ideal for buyers seeking privacy, space, and exceptional potential in one of South Florida’s most desirable neighborhoods.
Property Overview
This is a 6-bedroom, 4.5-bath home of about 4459 square feet at 7201 SW 174th St, Palmetto Bay FL 33157 (Palmetto Bay 33157), listed at $1,995,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $39,900/yr (≈ $3,325/mo); with the homestead exemption on a primary residence, about $38,900/yr (≈ $3,242/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price is $1,995,000. The home is being sold unfurnished. All fixtures and built-in appliances convey with the property.
Community amenities are managed by the HOA and do not convey with the home's title; their current status should be confirmed directly. For a precise verification of what is included, contact Christopher Lazaro, Palmetto Bay Real Estate Advisor.
Where exactly is it, and what should I know about the location?
The property is located at 7201 SW 174th Street within the incorporated Village of Palmetto Bay, Florida 33157. This places it in the established coastal corridor south of Miami, offering convenient access to major routes.
For a detailed discussion of the neighborhood's specific attributes and commuting patterns, you should contact Christopher Lazaro, Palmetto Bay Real Estate Advisor, for verification and further information.
What are the HOA / association fees, and what do they cover?
The property at 7201 SW 174th St is a single-family home with no mandatory homeowners' association on record. The owner is directly responsible for all utilities, landscaping, and exterior maintenance.
All properties in Palmetto Bay remain subject to local city ordinances, which you can review via the Miami-Dade County municipal code. For definitive verification of any deed restrictions or municipal rules, contact Christopher Lazaro, Palmetto Bay Real Estate Advisor.
What are the property taxes and homestead implications?
Florida law requires a property's assessed value to be reset to near the purchase price upon sale. For 7201 SW 174th St at its list price of $1,995,000 and applying Miami-Dade County's approximate 2.0% tax rate, we provide an estimate only: without a homestead exemption, annual property taxes would be roughly $39,900, or about $3,325 per month. The homestead exemption, which reduces the taxable value for a Florida primary residence, would lower this estimate to around $38,900 annually, or approximately $3,242 per month.
These are computed estimates, not final quotes. You must confirm all figures with the Miami-Dade County Property Appraiser and a qualified tax advisor. For precise verification and to discuss this property's specific financial profile, please contact Christopher Lazaro, Palmetto Bay Real Estate Advisor.
Is the home in a flood zone, and what does that mean?
This property is located in a FEMA-designated flood zone. Flood zones categorize areas by their statistical risk of flooding, with high-risk zones often triggering mandatory lender requirements for flood insurance.
You can review the official definitions at https://www.fema.gov/glossary/flood-zones and View the FEMA flood map for this address. For a precise assessment of insurance implications and property-specific risk, contact Christopher Lazaro, Palmetto Bay Real Estate Advisor.
Are pets allowed?
As a single-family home, this property has no condo or HOA board setting a pet policy. The owner's discretion applies, within city and county ordinances and any existing lease terms.
Documented service and emotional support animals are protected under federal law. For definitive verification on any specific animal, contact Christopher Lazaro, Palmetto Bay Real Estate Advisor.
How is the price set and is there room to negotiate?
The list price reflects a comparative market analysis of similar Palmetto Bay properties. Current Miami-Dade data shows single-family homes closing at 95% of original list price, averaging 41 days to contract. This establishes a general market baseline for negotiation.
A specific CMA for this vicinity, which we can review, provides the precise valuation context. To discuss this analysis and verify the appropriate offer strategy for this home, contact Christopher Lazaro, Palmetto Bay Real Estate Advisor.
What financing step do you recommend before touring?
Before touring any home, including the property at 7201 SW 174th St, I advise securing a pre-approval from a Florida Licensed Mortgage Loan Originator. This clarifies your budget and strengthens your position.
After you have your pre-approval in hand, contact Christopher Lazaro, Palmetto Bay Real Estate Advisor, to verify the figure and schedule a viewing of this $1,995,000 listing.
Monthly Fees & Carrying Costs
- Membership Required: No
Have a question about this Palmetto Bay listing?
Talk directly with Christopher Lazaro, your Palmetto Bay real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 174th St
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City: Palmetto Bay
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State/county: Miami-Dade County
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Zip/Postal Code: 33157
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Area: CUTLER HAMMOCK
Details
Updated on August 10, 2026 at 10:42 pm-
Property ID A11996652
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Price $1,995,000
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Property Size 4459 Sq Ft
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Bedrooms 6
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Room 0
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Bathrooms 4.5
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Garages 3
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Year Built 1979
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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Flooring Carpet, Marble, Wood
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Waterfront Features WF/No Ocean Access, Canal Front, Seawall
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Bedroom Features Entry Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level
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Cooling Central Air
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Association Type None
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Building CUTLER HAMMOCK
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Area Cutler Hammock
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Annual Tax 0
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront Yes
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Full Bathrooms 4
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Subdivision CUTLER HAMMOCK
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Restrictions Other Restrictions
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Parking Attached Carport, Covered, Driveway
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Heating Central
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Structure Type House
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Tax Year 2025
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Construction CBS Construction
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Building Area 6261
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Covered Spaces 5
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Middle School Southwood
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View Canal, Garden
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Year Built Details Resale
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High School Miami Palmetto
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Inclusions None
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Half Bathrooms 1
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Flood Zone X
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Patio / Porch Awning(s), Screened Porch, Glass Enclosed
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New Construction No
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Garage Spaces 3
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Style WF/No Ocean Access
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Lot Size (Sq Ft) 37897
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Membership Purchase Required No
Features
- Built-in Features
- Built-In Grill
- Closet Cabinetry
- Den/Library/Office
- Dryer
- Family Room
- Fire Sprinklers
- First Floor Entry
- Garage Attached
- Has a View
- Has Carport
- Has Cooling System
- Has Fireplace
- Has Garage
- Has Heating System
- Has Waterfront
- Lighting
- Microwave
- Open Parking
- Refrigerator
- Utility Room/Laundry
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Washer
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees