8500 SW 179th St

Single Family Home

8500 SW 179th St

$1,475,000

8500 SW 179th St, Palmetto Bay, FL, 33157

8500 SW 179th St photo 1
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LIST PRICE$1,475,000
BEDROOMS5
BATHROOMS4
HOUSE sq ft3,045
LOT sq ft15,625

Take a closer look

HOA: request current costs · Last reported tax: $13,103/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$9,672/mo

Principal & interest$7,843
Property taxfrom listing$1,092
Homeowners insuranceestimate$738

$295,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

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

Property Details

$1,475,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
1979
Status
Active
MLS #
A11947680
Living Area
3,045 sq ft
$/Sq Ft (Living)
$484
Lot Size
15,625 sq ft
$/Sq Ft (Lot)
$94
Annual Taxes
$13,103
Days on Market
123

Notable Features

Scenic ViewsLarge Lot

Location Scores

Location

8500 SW 179th St, Palmetto Bay, FL, 33157