7201 SW 174th St

Palmetto Bay, FL 33157

$1,995,000

$447/ft²

6Beds

4.5Baths

4,459Sq ft

1979Year built

Single-family homeType

About this home

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.

Features

Waterfront

Property details

Listing

MLS #: A11996652
Status: For sale
Listed on: May 8, 2026
Days on market: 93 days
Listing data updated: Jul 15, 2026

Interior

Beds: 6
Baths: 4.5
Living area: 4,459 ft²
Price per ft²: $447/ft²

Building & community

Type: Single-family home
Year built: 1979
County: Miami-Dade

Lot & exterior

Lot size: 37,897 ft²
Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $10,088
Property taxes (est.): $1,829
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$12,517*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?