15000 Old Cutler Rd Palmetto Bay, FL 33158
Estimated payment $10,748/month
Highlights
- 1 Acre Lot
- No HOA
- Landscaped with Trees
- Coral Reef Elementary School Rated A
About This Lot
Rare Opportunity on Prestigious Old Cutler Road – Over an Acre of Prime Land. This expansive, gated estate offers a unique opportunity for a developer or end user to build their dream home on over an acre of lush, tropical land. The property features a secluded, park-like setting, a large swimming pool, & multiple structures. A private cottage, currently used as an art studio, is perfect for an office, guest house, or in-law suite. A charming arbor separates it from the main residence, which includes a spacious family room with a coral rock wood-burning fireplace. Additional features include 10-foot privacy fences & a gated driveway for ultimate seclusion. Located within walking distance to Coral Reef Park, Coral Reef Elementary & Deering Estate, this property offers endless possibilities.
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,761
Year Built
- 1956
Lot Details
- 1 Acre Lot
- North Facing Home
- Landscaped with Trees
- Property is zoned 2300
Community Details
- No Home Owners Association
- Suburban Estates Condos
- Suburban Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 33-50-23-003-0270
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $8,404 | $504,216 | -- | -- |
| 2023 | $8,404 | $489,531 | $0 | $0 |
| 2022 | $8,109 | $475,273 | $0 | $0 |
| 2021 | $8,097 | $461,431 | $0 | $0 |
| 2020 | $7,939 | $455,061 | $0 | $0 |
| 2019 | $7,761 | $444,830 | $0 | $0 |
| 2018 | $7,426 | $436,536 | $0 | $0 |
| 2017 | $7,402 | $427,558 | $0 | $0 |
| 2016 | $7,368 | $418,764 | $0 | $0 |
| 2015 | $7,499 | $415,854 | $0 | $0 |
| 2014 | $7,589 | $412,554 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Price Changed | $1,795,000 | 0.0% | -- |
| 03/05/2025 03/05/25 | Price Changed | $1,795,000 | -5.5% | $589 / Sq Ft |
| 02/07/2025 02/07/25 | For Sale | $1,899,999 | 0.0% | $623 / Sq Ft |
| 02/07/2025 02/07/25 | For Sale | $1,899,999 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $145,000 | Credit Line Revolving | |
| Closed | $825,000 | Fannie Mae Freddie Mac | |
| Closed | $150,000 | Credit Line Revolving | |
| Closed | $615,000 | Unknown | |
| Closed | $576,000 | Unknown | |
| Closed | $100,000 | Credit Line Revolving |
Source: MIAMI REALTORS® MLS
MLS Number: A11738944
APN: 33-5023-003-0270
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