by RH Advisors

See Home Value
$950,000
House - Off Market

7865 SW 183rd Ter

Palmetto Bay, FL 33157
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3286 Sqft
$1,049,999
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Amazing Opportunity! 5bed/3bath w/pool executive home in the exclusive voluntary community of Cape Cutler. This home was made to entertain & enjoyed by the owners for close to 40 years. Terrific split bedroom floor plan/guest in-law quarter, large family room with vaulted ceilings & a working fireplace. Enjoy cooking overlooking the pool & covered patio area. Large master suite with high volume ceilings and a loft! Home also boasts a 2 car garage, large exterior master room 2 story deck, community tennis court, A+ schools & more. A rarity in this market, won't last.
Unit Size
3,286Ft²
Days on Market
71 days
Land Size
0.34 acres
Price per sqft
$320
Property Type
House
Property Taxes
$506
HOA Dues
$29
Year Built
1979
Last updated: 6 months ago (Miami MLS #A11448053)

Price History

Date / Event Date Event Price
Nov 30, 2023 Sold $950,000
Sold
Oct 25, 2023 In contract -
In contract
Oct 3, 2023 Price Decreased $1,049,999
↓ $50K (4.6%)
Price Decreased
Sep 11, 2023 Listed by United Realty Group Inc $1,099,999
Listed by United Realty Group Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 276
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 4,792
  • Gross Building Area: 4,792
  • Building Area: 3,286
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,286
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPE CUTLER ESTS
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAPE CUTLER ESTS PB 102-26 LOT 14 BLK 2 LOT SIZE 120.000 X 125 OR 12976-252 0886 1 F/A/U 30-5034-023-0170

Ownership

  • Current Owner : 7865 SW 183 TER LLC
  • Previous Owner : BENJAMIN F GAY REVOCABLE LIVING TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: PALMETTO BAY
  • Census Tract: 008209

Zoning

  • Zoning: 2100

Geography

  • Assessors Map Reference: 317
  • District: 33
  • Parcel: 33-5034-023-0170
  • Block: 2
  • Lot: 14
  • Meridian: SEC 34 TWN 55S RNG 40E
  • Municipality: PALMETTO BAY
  • Latitude: 25.6004
  • Longitude: -80.3188

    Address

  • Full Address: 7865 Sw 183rd Ter
  • Address - House Number: 7865
  • Street Direction: SW
  • Address - Street Name: 183rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Palmetto Bay
  • Carrier Code: C050
  • 4-Digit Zip Code: 6230
  • Zip Code: 33157

Valuation

    Tax

  • Total Area: 3,822
  • Tax Year: 2023
  • Tax Amount: $6,298
  • Tax Rate Code Area: 3300

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,110,472
  • High Value: 1,308,256
  • Low Value: 912,689

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $863,750
  • First Open Lien Mortgage Lender: LOAN FUNDER LLC SERIES 63623
  • First Open Lien Mortgage Recording Date: Nov 30, 2023
  • First Open Lien Mortgage Loan Amount: $863,750
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 20, 2024

    Market Valuation

  • Market Total Value: $841,751
  • Market Land Value: $375,000
  • Market Improvement Value: $466,751

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,160

    Sales

  • Current Sale Contract Date: Nov 17, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Transaction ID: 11917746443
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 854666

    Last Sale Mortgage

  • First Mortgage Lender: LOAN FUNDER LLC SERIES 63623
  • First Mortgage Transaction Date: Nov 30, 2023
  • First Mortgage Loan Amount: $863,750
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 20, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
3,945 ft²
$259/ft²
$1,020,000 Aug 23, 2023
$1,020,000 Sep 22, 2023
$1,402/mo
House
5 Beds
4 Baths
3,945 ft²
$281/ft²
$1,110,000 Sep 14, 2023
$1,110,000 Nov 17, 2023
$1,678/mo
House
4 Beds
3 Baths
2,920 ft²
$332/ft²
$970,000 Aug 16, 2023
$970,000 Nov 8, 2023
$524/mo
House
3 Beds
2 Baths
2,238 ft²
$469/ft²
$1,050,000 Jul 7, 2023
$1,050,000 Nov 1, 2023
$447/mo
House
3 Beds
2 Baths
1,959 ft²
$500/ft²
$980,000 Jul 6, 2023
$980,000 Sep 29, 2023
$629/mo
House
3 Beds
2 Baths
1,913 ft²
$418/ft²
$800,000 Sep 1, 2023
$800,000 Nov 9, 2023
$620/mo
House
5 Beds
5 Baths
3,168 ft²
$342/ft²
$1,085,000 Oct 3, 2023
-
$1,349/mo
House
5 Beds
5 Baths
3,399 ft²
$263/ft²
$895,500 Oct 2, 2023
-
$1,511/mo
House
5 Beds
4 Baths
2,722 ft²
$448/ft²
$1,220,000 Oct 16, 2023
-
$763/mo
House
5 Beds
4 Baths
3,945 ft²
$269/ft²
$1,060,000 Nov 7, 2023
-
$1,533/mo
House
5 Beds
4 Baths
3,045 ft²
$294/ft²
$895,000 Aug 28, 2023
-
$514/mo
House
5 Beds
4 Baths
2,960 ft²
$321/ft²
$949,000 Aug 17, 2023
-
$367/mo

About Palmetto Bay


Similar Homes for Sale

Unit for sale at 18490 Southwest 83rd Avenue, Cutler Bay, FL 33157

$949,000

  • 5 Beds
  • 4 Baths
  • 2,960 ft²
18490 Southwest 83rd Avenue, Cutler Bay, FL 33157 Listing by Natalia Perez
Unit for sale at 7547 Southwest 191st Street, Cutler Bay, FL 33157

$1,060,000

  • 5 Beds
  • 4 Baths
  • 3,945 ft²
7547 Southwest 191st Street, Cutler Bay, FL 33157 Listing by Giancarlo Campodonico Borja
Unit for sale at 7521 Southwest 175th Street, Palmetto Bay, FL 33157

$1,220,000

  • 5 Beds
  • 4 Baths
  • 2,722 ft²
7521 Southwest 175th Street, Palmetto Bay, FL 33157 Listing by Drew Kern

Nearby Rentals

Unit for rent at 9063 Sw 163rd Ter, Palmetto Bay, FL, 33157

$7,000 /mo

  • 6 Beds
  • 4.5 Baths
  • 3,425 ft²
9063 Sw 163rd Ter, Palmetto Bay, FL, 33157 Listing by Ivan Ramirez
Unit for rent at 8760 Sw 175th St, Palmetto Bay, FL, 33157

$6,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,862 ft²
8760 Sw 175th St, Palmetto Bay, FL, 33157 Listing by Nailan Rodriguez
Unit for rent at 18420 Sw 77th Ct, Cutler Bay, FL, 33157

$6,900 /mo

  • 6 Beds
  • 3 Baths
  • 5,000 ft²
18420 Sw 77th Ct #1, Cutler Bay, FL, 33157 Listing by Jonathan Weitz


Frequently Asked Questions

When was property at 7865 Southwest 183rd Terrace built and last sold?
The property at 7865 Southwest 183rd Terrace was built in 1979 and last sold on Nov 17, 2023 for $950,000.
How much is this home worth?
The estimated value of the home located at 7865 Southwest 183rd Terrace is $1,099,650.
What are some comparable homes to 7865 Southwest 183rd Terrace?
There are currently no comparable homes to 7865 Southwest 183rd Terrace.

Quantcast