ActiveMLS® B26068893

$1,100,000

7940 SW 166TH Street, Palmetto Bay, FL 33157

Beds: —
Baths: 0
Sqft: —

Est. payment$6,873/mo

Home type: Unimproved Land
Year built: —
Lot size: 15,246 sqft
Price / sqft: —
HOA: $0/mo
Community: CARMICHAEL ESTATES

Property description

RARE PALMETTO BAY OPPORTUNITY set within a serene enclave of impressive residences and lush, mature landscapes. THIS 15,388SF PARCEL offers an exceptional canvas for a CUSTOM ESTATE TO BE BUILT on this mostly cleared lot. ENVISION an architecturally significant residence complemented by a luxurious pool, landscaped grounds and curated outdoor living. LOC: Bicycle to Deering Estate, parks and nearby beaches. Convenient to highly regarded public and private schools, Fairchild Tropical Botanic Garden, 18-hole Palmetto Golf Course, plus surrounding shops, eateries, events +more. SPACE, SERENITY & LOCATION distinguish this increasingly rare Palmetto Bay homesite. IMPORTANT: Listing Broker has verified Sellers' identity and ownership; this property is authorized by the property owners for sale.

Listing activity

Days on market: 28
Listed: Aug 26, 2026
MLS listing updated: Sep 9, 2026
Feed last checked: 4 minutes ago

Listed by Denise Panny · Keller Williams Realty of Vero

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0
Bathrooms (decimal): 0

Property

Exterior

Fencing: None
Other structures: None
Waterfront property: No

Lot

Lot size: 15,246 sqft
Lot size (acres): 0.35 acres
Lot features: Fruit Tree(s), Oversized Lot
Zoning: 2100
Road surface: Asphalt

Construction

Type & style

Home type: Unimproved Land

Materials

Faces: North

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Other
Utilities: Electricity Available, Sewer Available

Community & HOA

Community

Subdivision: CARMICHAEL ESTATES
MLS area: 2500
MLS subarea: DADE

Association

Has association: No
Estimated monthly dues: $0

Lease details

Not reported by the listing source.

Location

Area details

City: Palmetto Bay
County: Miami-Dade
ZIP code: 33157

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: B26068893
Possession: Close Of Escrow
Original list price: $1,100,000
Parcel number: 3350270530120
Annual property tax: $7,383
Tax year: 2025
Assessed value: $403,755
Tax legal description: CARMICHAEL ESTATES PB 142-91 T-17966 LOT 12 BLK 1 LOT SIZE 15388 SQ FT F/A/U 30-5027-000-0910 & 047-0210 OR 17765-1462 0897 1 F/A/U 30-5027-
Special listing conditions: Standard

Additional MLS details

Reported by the listing source

Association: No
Bathrooms Total Decimal: 0
Bathrooms Total Integer: 0
County Or Parish: Miami-Dade
Days On Market: 28
Direction Faces: North
Elementary School: Coral Reef (Miami-Dade)
High School: Miami Palmetto
List Price: 1100000
Listing Contract Date: 2026-08-26
Lot Size Acres: 0.35
MLSArea Major: 2500
MLSArea Minor: DADE
Middle Or Junior School: Southwood
Mls Status: Active
On Market Date: 2026-08-27
Photos Count: 44
Postal Code: 33157
Property Sub Type: Unimproved Land
Property Type: Land & Docks
Road Surface Type: Asphalt
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-08-27T02:11:23Z
Subdivision Name: CARMICHAEL ESTATES
Tax Assessed Value: 403755
Water Source: Other
Tax Annual Amount: 7383
Waterfront: No

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Aug 26, 2026	ListedBeachesMLS	$1,100,000

Public tax history

Year	Property taxes	Assessment
2025	$7,383	$403,755

Payment calculator

Estimated monthly payment$6,873/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $5,708
Property taxes: $615
Insurance: $550
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

CARMICHAEL ESTATES

Palmetto Bay · Miami-Dade County · 33157

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Coral Reef (Miami-Dade)Elementary

—

SouthwoodMiddle

—

Miami PalmettoHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes