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$1,875,000   Price Analysis
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7440 SW 162nd St
Palmetto Bay, FL 33157
5 bed 3 bath 3,156 SqFt ($594/SqFt)
0.43 acre lot. Built 1972
Listed 2024-03-18, Taxes $9,771
Ⓧ USDA Ineligible
due to price & location

near Palmetto Bay

Pristine 4/2 home with detached 2018-built one bedroom cottage retreat in one of Palmetto Bays most desirable neighborhoods.

* Has Contingent Offer *

Surrounded by a mature oak grove, this property offers a secluded and lushly landscaped backyard paradise and pool ideal for entertainment. This oasis presents a rare opportunity to own tw o seprate homes in one.

Metal roof new in 2022, impact windows and doors. Gas fireplace and full-house generator in cottage. Easy access to Biscayne Bay, excellent public and private schools, shopping and The Deering Estate.


Presented by Drew Kern at
BHHS EWM Realty.
Listing Agent Photo

Property MLS #A11551979 from MiamiMLS

Bedrooms: 5

Total Bathrooms: 3
Full Bathrooms: 3

BedroomonMainLevel
DualSinks
EatinKitchen
FirstFloorEntry
Fireplace
LivingDiningRoom
SplitBedrooms
WalkInClosets
Flooring: Carpet, Marble
Window Features: Blinds, ImpactGlass

Dryer
Dishwasher
ElectricRange
ElectricWaterHeater
Disposal
Microwave
Refrigerator
Washer

Cottage, Family Room, Separate Guest/In-Law Quarters, Guest House, Utility Room/Laundry

Cooling Features: CentralAir, CeilingFans, Electric
Heating Features: Central, Electric
Heating: Yes

EnclosedPorch
Fence
SecurityHighImpactDoors
Lighting
Porch
Patio
Other Structures: GuestHouse
Patio And Porch Features: Open, Patio, Porch, Screened

Pool Features: CleaningSystem, Pool, ScreenEnclosure
Pool Private: Yes

Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Parking Features: Attached, CircularDriveway, Driveway, Garage, GarageDoorOpener

Lot Description: Item14to12AcreLot, SprinklersAutomatic, SprinklerSystem
Lot Size Acres: 0.4309917
Lot Size Square Feet: 18774

View: Garden, Pool
Security Features: SmokeDetectors

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Coral Reef
High School: Miami Palmetto
Middle School: Southwood

Southwood Middle School is a public middle school located approximately 0.5 miles away.
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Coral Reef Elementary School is a public elementary school located approximately 0.8 miles away.
directions icon Map directions

Miami Palmetto Senior High School is a public middle and high school located approximately 2.8 miles away.
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Westminster Christian School is a private elementary, middle and high school located approximately 1 miles away.
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Annual Tax Amount: 10140
Source Listing Status: ActiveUnderContract
County: Miami-Dade County
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: HILLARY ESTATES FIRST ADD
Parcel Number: 33-50-26-013-0080
Postal City: Palmetto Bay
Postal Code Plus 4: 3821
Subdivision: HILLARY ESTATES FIRST ADD
Zoning Description: 2100
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$541,238
$9,771
2021$unknown + $unknown
$525,474
$9,738
2020$unknown + $unknown
$518,219
$9,557
2019$unknown + $unknown
$506,568
$9,354
2018$unknown + $unknown
$403,176
$9,645
2017$unknown + $unknown
$394,884
$9,622
2016$unknown + $unknown
$386,762
$6,782
2015$unknown + $unknown
$384,074
$6,901
2014$178,382 + $202,644
$381,026
$6,985
2013$unknown + $unknown
$378,855
$6,929
2012$unknown + $unknown
$390,973
$6,777
2011$unknown + $unknown
$361,673
$6,609
2010$unknown + $unknown
$362,734
$7,089
2009$unknown + $unknown
$422,477
$7,839
2008$unknown + $unknown
$494,532
$9,105
2007$unknown + $unknown
$567,417
$10,690

Listed 2024-03-18
$1,875,000
MiamiMLS
Sold 2006-06-13
$660,000
Public Record
Sold 2004-01-30
$410,000
Public Record
Sold 1992-10-06
$210,000
Public Record

Irrigation Source: Well

Total Square Feet Living: 3156
Year Built: 1972
Building Area Total: 4365
Construction Materials: Block
Direction Faces: North
Property Age: 52
Roof: Metal
Levels or Stories: 1
House Style: Pool Only
Year Built Details: Resale
Architectural Style: Detached, OneStory

Sewer: SepticTank
UndergroundUtilities
Water Source: Public
Click Thumbnail Images To View Full Size
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bedroombathroomliving_roomliving_roomkitchen
laundry_roombedroombathroompoolporch
poolporchporchfarm_landporch
house_viewkitchenliving_roomliving_roombedroom
bedroombathroomunknownunknownunknown
unknownunknownunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.