8298 SW 173rd Ter

8298 SW 173rd Ter Palmetto Bay 33157
5 bedrooms | 4 bathroom | 1 half bath | 3,047 sqft

$1,850,000

Property Details

MLS #
A12048539
Unit #
Address
8298 SW 173RD TER  map  
Bedrooms
5
Bathrooms
4
Half Baths
1
Living Area (f2)
3,047
Living Area (M2)
283
Lot Size (f2)
20,718
Year Built
2003
Waterfront
Yes
Status
Active
Listing Type
Single Family
Maintenance Fee
$348
Complex
GROVES AT OLD CUTLER
Days On Market
5
Pool
Yes
Pets Allowed
N/A
Parking Spaces
2

Magic City Realtors

Broker
Magic City Realtors

 305-570-4898 

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Property Description

Rarely available canal-front estate on the largest homesite in the gated Groves at Old Cutler. Set on approximately 0.48 acres, this exceptional 5-bedroom, 4.5-bath custom residence offers privacy, waterfront living, and expansive outdoor space in Palmetto Bay. **Built in 2003, this thoughtfully designed home features soaring 14-foot ceilings, an open-concept floor plan, split-bedroom layout, wood flooring, plantation shutters, wide crown molding, abundant natural light, custom built-in entertainment wall, wet bar, and spacious kitchen connected to the family room. **The private primary suite features a spa-inspired bathroom with soaking tub, separate walk-in shower, dual vanities, two walk-in closets, and access to the covered patio. **Designed for South Florida living, the expansive backyard offers a heated pool, covered patio, lush green space, and peaceful C-100 Canal views. Enjoy kayaking, fishing, entertaining, or relaxing in your private waterfront setting. The oversized lot provides flexibility for recreation, pets, and future enhancements. **A dedicated side parking area accommodates a boat, RV, trailer, golf cart, or recreational vehicles—an uncommon advantage within a gated community. **Ideally located near Deering Estate, Coral Reef Park, Black Point Park & Marina, shopping, dining, and top-rated schools, this Groves at Old Cutler residence offers a rare opportunity to own one of Palmetto Bay’s distinctive waterfront properties.

Property Amenities

Equipment

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Range
  • Ice Maker
  • Microwave
  • Refrigerator
  • Self Cleaning Oven
  • Wall Oven

Interior Features

  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • French Doors
  • Laundry Tub
  • Split Bedroom
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Wet Bar
  • Great Room
  • Utility Room/Laundry

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Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
05/15/2026 $1,500,000 $1,545,000 4 3
05/11/2026 $3,175,000 $3,499,000 5 6
04/29/2026 $1,500,000 $1,595,000 5 3
04/06/2026 $825,000 $825,000 3 2
03/23/2026 $3,000,000 $3,500,000 5 4
03/06/2026 $710,000 $710,000 4 2
03/02/2026 $1,975,000 $2,150,000 6 4
02/27/2026 $899,000 $899,000 3 2
02/27/2026 $970,000 $1,050,000 4 2
02/25/2026 $490,000 $560,000 3 2
02/25/2026 $1,190,000 $1,199,000 4 3
02/18/2026 $900,000 $985,000 3 2
02/12/2026 $1,073,000 $1,099,000 4 2

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