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8500 SW 179th St, Palmetto Bay, Florida 33157

Active For Sale
$1,475,000
  • Beds 5
  • Baths 4
  • Sq Ft 3,045 Sqft
  • Visits: 34 in 131 days

Description

Exceptional Palmetto Bay opportunity combining immediate income, long-term value, and future occupancy flexibility. Currently leased at $8,500/month through March 2027, with the same tenant in place since March 2025, the property offers proven rental history, income stability, and predictable cash flow during the lease term. This fully remodeled luxury residence 5BR/4BA offers 3,045 SF of living space, strong long-term upside, clear pool potential, and future end-user appeal in one of Palmetto Bay’s most desirable residential areas. Ideal for investors, 1031 Exchange buyers, or future homeowners planning ahead who want to secure a quality asset now while benefiting from rental income in the interim. Current lease income may help offset carrying costs during the lease term, creating a compelling opportunity for buyers seeking income today and lifestyle flexibility tomorrow. Qualified offers will be reviewed through May 31st

Features

  • Swimming Pool: No
  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Balcony, Open, Patio, Porch
  • Parking: Driveway, Garage, Garage Door Opener, Attached
  • Furnished: Unfurnished

Appliances

  • Appliances: Dryer, Microwave, Refrigerator, Built-In Oven, Gas Range, Gas Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Palmetto Bay
  • Subdivision: PINEWOOD ESTS 3RD ADDN
  • Zipcode: 33157
  • Street: 179th St
  • Street Number: 8500
  • Floor Number: 0
  • Longitude: W81° 40' 10.8''
  • Latitude: N25° 36' 14.3''
  • Street Dir Prefix: SW
  • MLS Area: 50

MLS Addon

  • Architectural Style: Detached, Two Story
  • Association Fee: $0
  • Close Price: $0
  • Community Features: Street Lights
  • Exterior Features: Balcony, Awning(s), Security/High Impact Doors, Patio, Porch, Fence, Room For Pool
  • Flooring: Tile, Vinyl
  • Garage Spaces: 2
  • High School: Miami Palmetto
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry, Living/Dining Room, Upper Level Primary, Eat-in Kitchen, Family/Dining Room, Walk-In Closet(s), High Ceilings, Split Bedrooms, Separate Shower
  • Laundry Features: Washer Hookup, Dryer Hookup, In Garage
  • Levels: Two
  • Listing Terms: Cash, Conventional, Lease Purchase
  • Lot Features: 1/4 to 1/2 Acre Lot, Interior Lot
  • Middle Or Junior School: Southwood
  • New Taxes Expense: $0
  • Stories: 2
  • Tax Annual Amount: $13,103
  • Tax Year: 2024
  • Utilities: Underground Utilities

Location

Listing Updated: 2026-05-21 10:00:16

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11947680
  • Price : $1,475,000
  • View : Garden, Other
  • Bedrooms : 5
  • Bathrooms : 4
  • Full Bathrooms : 4
  • Half Bathrooms : 0
  • Square Footage : 3,045 Sqft
  • Year Built : 1979
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 130
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