BreakThru Realty

8298 SW 173rd Terrace, Palmetto Bay, FL 33157

Sold $1,680,000 · Aug 26, 2026

Last asking price $1,850,000 · 90.8% of asking · 7 days on market

Similar Homes for Sale Nearby

  • 5 beds
  • 5 baths
  • 3,047 sq ft
  • Single Family Residence
  • Built 2003
  • HOA $348/mo
  • Lot 20,908.8 sq ft
  • 3,889 sq ft total
  • 2 garage spaces
  • Miami-Dade County
  • MLS# A12048539
  • Groves At Old Cutler
Photo 1 at 8298 SW 173rd Terrace, Palmetto BayLocated on the desirable C-100 Canal at 8298 SW 173rd Terrace, Palmetto BayPhoto 3 at 8298 SW 173rd Terrace, Palmetto BayPhoto 4 at 8298 SW 173rd Terrace, Palmetto BayPhoto 5 at 8298 SW 173rd Terrace, Palmetto BayKitchen open to Livinga at 8298 SW 173rd Terrace, Palmetto BaySpacious primary suite, split floor plan at 8298 SW 173rd Terrace, Palmetto BayPhoto 8 at 8298 SW 173rd Terrace, Palmetto Bay

About this home

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.

Features

  • Built-in Features
  • Kitchen Island
  • Vaulted Ceiling(s)
  • Wet Bar
  • Walk-In Closet(s)
  • Bedroom Layout - Split
  • Closet Cabinetry
  • Canal Front
  • Heated
  • In Ground
  • Equipment Included

Schools

  • Elementary: Dr. Henry E. Perrine Academy Of The Arts
  • High: Miami Palmetto

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Realty Hub · info@usrealtyhub.com · Listing agent: Patricia Gail Sanders

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

8298 SW 173rd Terrace sold on Aug 26, 2026. If you own nearby, get a free home valuation or see homes for sale in Palmetto Bay. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 8298 SW 173rd Terrace

What did 8298 SW 173rd Terrace sell for?
8298 SW 173rd Terrace sold for $1,680,000 on Aug 26, 2026, about 90.8% of its last asking price of $1,850,000 and about $551 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 8298 SW 173rd Terrace?
The listing reported an association fee of $348 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 8298 SW 173rd Terrace?
The listing reported annual property taxes of $16,691 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 8298 SW 173rd Terrace built?
8298 SW 173rd Terrace was built in 2003 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 8298 SW 173rd Terrace on the market?
8298 SW 173rd Terrace was on the market for 7 days before it sold.
Is 8298 SW 173rd Terrace waterfront?
Yes. The listing described the water as none canal front.
Is 8298 SW 173rd Terrace still for sale?
No. 8298 SW 173rd Terrace sold on Aug 26, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

Explore

Recently Sold Nearby

Explore Nearby

Nearby Cities

More Palmetto Bay Neighborhoods

Nearby ZIP Codes

A comparable home, 16615 SW 82nd Court, Palmetto Bay, FL 33157, sold for $1,880,000 in September 2026. Other Palmetto Bay neighborhoods include Cutler Hammock and Eastgrove. Nearby ZIP codes include 33158 and 33176. This property also neighbors Cutler Bay, Pinecrest, and South Miami. Compare it with the Palmetto Bay housing market report.