$1,950,000
$200K PRICE DROP

7720 SW 183rd Terrace Palmetto Bay, FL 33157

Estimated payment $11,519/month

Total Views 8,751
5 Beds
3.5 Baths
4,328 Sq Ft
$451 Price per Sq Ft

Highlights

  • Bar or Lounge
  • Heated Pool
  • Maid or Guest Quarters
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • 35,941 Sq Ft lot
  • Deck

About This Home

PRICE IMPROVED TO JUST BELOW APPRAISED VALUE! Located in the highly sought-after neighborhood of Palmetto Bay, this exquisite 5-bedroom, 3.5-bathroom home sits on an oversized lot at the end of a private cul-de-sac. Offering 4,300 square feet of living space, the home features a spacious floor plan, perfect for family living and entertaining. The residence boasts two large family rooms, a gourmet kitchen with granite countertops, and a generous driveway providing ample parking for guests. The screened-in pool and spa highlight the property, offering the ideal space for relaxation and outdoor gatherings in complete privacy. The master suite is a luxurious retreat, featuring a private office and a built-in sauna. This home also includes a 4-car garage, a new roof, and beautiful landscaping.

Listing Agent

Alberto Muxo

Muxo Realty LLC License #0576548

Co-Listing Agent

Briana Muxo

Muxo Realty LLC License #3434023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,616

Year Built

  • Built in 1982

Lot Details

  • 0.83 Acre Lot
  • North Facing Home
  • Property is zoned 2300

Parking

  • 4 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,328 Sq Ft Home
  • 1-Story Property
  • Plantation Shutters
  • Family Room
  • Den
  • Recreation Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 33-50-34-030-0030

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Replat Port Of Cape Cutle Subdivision

Amenities

  • Bar or Lounge

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,616

Year Built

Built in 1982

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: MUXO01
  • Co List Office Phone: 305-793-6056
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: REPLAT PORT OF CAPE CUTLE
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room, Maid/In-Law Quarters, Other, Recreation Room
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble, Tile
  • Living Area: 4328
  • Window Features: Hurricane Shutters, Plantation Shutters
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Other, Recreation Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Deck, Screened Porch
  • Pool Features: Heated
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: REPLAT PORT OF CAPE CUTLE
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Additional Spaces Available, Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water, Well
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Bar, Tennis Court(s), Pickleball, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 33-50-34-030-0030
  • Lot Size Sq Ft: 35941
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7616

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $7,616 $457,814 -- --
2023 $7,616 $444,480 $0 $0
2022 $7,534 $442,384 $0 $0
2021 $7,465 $426,496 $0 $0
2020 $7,320 $420,608 $0 $0
2019 $7,155 $411,152 $0 $0
2018 $6,845 $403,486 $0 $0
2017 $6,822 $395,188 $0 $0
2016 $6,788 $387,060 $0 $0
2015 $6,908 $384,370 $0 $0
2014 $6,991 $381,320 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Price Changed $1,950,000 -9.3% $451 / Sq Ft
12/06/2024 12/06/24 For Sale $2,150,000 -- $497 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $275,000 --
Deed $100 --
Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Closed $455,349 Credit Line Revolving
Closed $261,520 New Conventional
Closed $250,000 Credit Line Revolving
Closed $150,000 Credit Line Revolving
Closed $398,400 New Conventional
Closed $37,080 Credit Line Revolving
Closed $68,000 Credit Line Revolving
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11705189

MIAMI REALTORS® MLS

APN: 33-5034-030-0030