Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

8500 SW 179th St
Palmetto Bay, FL, 33157
$1,475,000
5 Beds
4 Baths
3,045 SqFt
0 Acres
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MLS #A11947680 image #0
Seller has elected to pause active market exposure and continue holding the property as an income-producing asset. Property remains leased at $8,500/month through March 2027 with the same tenant in place since March 2025. Qualified off-market inquiries may be considered subject to seller approval, lease terms, and buyer qualifications. Please contact listing agent for additional information. This fully remodeled luxury residence 5BR/4BA offers 3,045 SF of living space, strong long-term upside, and future end-user appeal in one of Palmetto Bay’s most desirable residential areas, offers proven rental history, income stability, and predictable cash flow. Ideal for investors, 1031 Exchange buyers, or future homeowners planning ahead who want to secure a quality asset now while benefiting from rental income.

Property Details

Price:
$1,475,000
MLS #:
A11947680
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PINEWOOD ESTS 3RD ADDN
Neighborhood:
pinewoodests3rdaddn
Listed Date:
Jan 17, 2026
Finished Sq Ft:
3,045
Total Sq Ft:
3,045
Year Built:
1979
Pinewood Ests 3rd AddnPinewoodests3rdaddnPinewood Ests 3rd AddnSouthwoodMiami PalmettoNo Restrictions

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Schools

Middle School:
Southwood
High School:
Miami Palmetto

Interior

Appliances
Dryer, Gas Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Tile, Vinyl
Heating
Central
Interior Features
First Floor Entry, 3 Bedroom Split, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Utility/Laundry In Garage
Laundry Features
In Garage, Washer/Dryer Hook-Up

Exterior

Architectural Style
Detached, Two Story
Attached Garage YN
1
Community Features
Paved Road, Street Lights, Underground Utilities
Construction Materials
CBS Construction
Covered Spaces
2
Direction Faces
North
Exterior Features
Open Balcony, Room For Pool
Fencing
Fenced
Garage Spaces
2
Lot Features
1/4 To Less Than 1/2 Acre Lot, East Of US 1, Interior Lot
Open Parking YN
1
Parking Features
Driveway
Patio And Porch Features
Awning(s), Open Balcony, Open Porch, Patio
Roof
Shingle
View
Garden, Other

Financial

Tax Year
2024
Taxes
$13,103

Map

Community

Subdivisions in Palmetto Bay

Market Summary

Current real estate data for Single Family in Palmetto Bay as of Jun 04, 2026
159
Single Family Listed
128
Avg DOM
581
Avg $ / SqFt
$1,766,324
Avg List Price

Property Summary

    Located in the PINEWOOD ESTS 3RD ADDN subdivision, 8500 SW 179th St Palmetto Bay FL is a Single Family for sale in Palmetto Bay, FL, 33157. It is listed for $1,475,000 and features 5 beds, 4 baths, and has approximately 3,045 square feet of living space, and was originally constructed in 1979. The current price per square foot is $484. The average price per square foot for Single Family listings in Palmetto Bay is $581. The average listing price for Single Family in Palmetto Bay is $1,766,324. To schedule a showing of MLS#a11947680 at 8500 SW 179th St in Palmetto Bay, FL, contact your Julien Drieu agent at 7862380927.

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