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Rare opportunity in an ideal Palmetto Bay location! Situated on a sprawling 37,897 SF canal-front corner lot, this 6-bedroom, 4-bath residence offers endless potential to create your dream estate. Tucked away on a quiet street, the property features expansive grounds with ample space to park boats, RVs, and additional vehicles. The home offers two separate entertainment areas, a charming working fireplace, and a covered summer kitchen area overlooking the backyard and canal. Whether you choose to renovate and reimagine the existing residence or start fresh with a brand-new custom home, the lot, location, and setting make this a truly special offering. Surrounded by lush greenery and estate-style homes, this property is ideal for buyers seeking privacy, space, and exceptional potential in one of South Florida’s most desirable neighborhoods.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 5730 SW 54th Ter | $535,000 | 3/2 | 1,254 | 0 | $0 | ||
| 0 | $549,950 | 3/2 | 1,390 | 129 | $0 | ||
| 5700 SW 54th Ter | $549,999 | 3/2 | 1,361 | 126 | $0 | ||
| 5220 SW 57th St | $620,000 | 3/2 | 1,940 | 180 | $0 | ||
| 5730 SW 55th St | $645,000 | 3/2 | 1,204 | 112 | $0 | ||
| 230 NE 5th Ave | $784,000 | 4/4 | 2,150 | 200 | $0 | ||
| 601 NE 2nd St | $799,000 | 4/3 | 1,825 | 170 | $0 | ||
| 614 NE 3rd St | $850,000 | 3/2 | 2,505 | 233 | $0 | ||
| 20321 SW 48th St | $869,000 | 0/0 | 0 | 0 | $0 | ||
| 517 NE 2nd Pl | $965,000 | 3/3 | 2,496 | 232 | $0 | ||
| 7605 SW 179th Ter | $1,000,000 | 4/2 | 2,328 | 216 | $0 | ||
| 7425 SW 170th Ter | $1,315,000 | 4/3 | 2,836 | 263 | $570 | ||
| 5063 Sweetwater Ter | $1,375,000 | 5/3 | 3,012 | 280 | $294 | ||
| 7700 SW 168th Ter | $1,495,000 | 5/3 | 2,961 | 275 | $0 | ||
| 7400 SW 170th Ter | $1,530,000 | 4/3 | 2,836 | 263 | $585 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 05/15/2026 | $108,000 | $1,099,000 | 5 | 3 | 2,766 | 2 months | |
| 03/05/2026 | $925,000 | $990,000 | 3 | 2 | 1,542 | 4 months | |
| 02/20/2026 | $1,090,000 | $1,199,999 | 4 | 2 | 2,562 | 1 month | |
| 01/21/2026 | $1,350,000 | $1,380,000 | 4 | 3 | 2,758 | 2 months |
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