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$355,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,116 Sq. Ft.
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Welcome to this beautifully maintained 4-bedroom, 2-bathroom home in the desirable Villas of Palm Bay community in Homestead. Move-in ready and thoughtfully updated, this one-story residence features a new roof and A/C installed in 2023, offering added value and peace of mind. Situated on a spacious 5,000-square-foot fenced lot, the property provides plenty of outdoor space for entertaining, gardening, pets, or simply relaxing in your own private backyard. The functional single-story layout offers comfortable everyday living and flexible use of space. Conveniently located near schools, parks, shopping, dining, Baptist Hospital, Homestead Air Reserve Base, and the Florida Turnpike, this home also offers easy access to Biscayne National Park and the Florida Keys. Enjoy a location that combines comfort, convenience, and easy access to everything South Florida has to offer.

Full Property Details for 738 SW 7th Terrace

General

  • Price: $355,000
  • HOA FEE: $150/month
  • Taxes: $5,611 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A12046741
  • Updated: 8/14/2026
  • Added to Site: 54 day(s) ago

Rental Information

  • Approvals: Unapproved

Interior

  • Interior Features: First Floor Entry, Built-in Features, Closet Cabinetry, French Doors, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 4
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bedroom Ground Level

Other Rooms

  • Living Room: Den/Library/Office, Utilit Sq. Ft.
  • Dining Room: Dining/Living Room, Snack Bar/Counter
  • Laundry: Utility Room/Laundry

Additional Information

  • Shared Pool: Yes
  • Maint. Includes: Maintenance Incl Common Area

Exterior

  • Exterior Features: Lighting
  • Deck/Patio: Patio

Parking

  • Parking Features: Driveway, Paver Block

Location

  • Area: Villas Of Palm Bay
  • County: Miami-Dade County
  • Subdivision: VILLAS OF PALM BAY, VILLAGE OF PALM BAY
  • Building Name: VILLAS OF PALM BAY
  • Direction Faces: South

School Information

  • Elementary School: Florida City
  • Middle School: Homestead
  • High School: Homestead

Community

  • Community Name: Villas Of Palm Bay
  • Gated community: Yes
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached, One Story, Patio/Zero Lot
  • Structure Type: R30-No Pool/No Water, House
  • Detached/Attached: Detached
  • Construction: Other
  • Roof: Aluminum, Fiberglass
  • Windows: Blinds, Sliding
  • Doors: French Doors
  • Building Size: 1134
  • Square Feet: 1,116
  • Living Area: 1,116 Sq. Ft.
  • Year Built: 1994

Lot Features

  • Property View: Garden, Direct Ocean
  • Lot Size (Sq. Ft.): 5,000
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 9300
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $318.1
  • Association Fee: $150
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,611
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Short Sale
  • Legal Description: VILLAS OF PALM BAY PB 145-26 T-18452 LOT 8 BLK 1 LOT SIZE 5000 SQ FT FAU 16-7825-000-0070 & 0090 COC 22365-1952 04 2004 1
  • Restrictions: Assoc Approval Required, Ok To Lease
  • Inclusions: None
  • Property ID: 16-78-25-018-0080

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— 738 SW 7th Terrace —

  • Keller Williams Dedicated Professionals

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 738 SW 7th Terrace

School District:Dade County School District
NameGradesDistance
Florida City Elementary School
364 Northwest 6th Avenue, Florida City, FL 33034
PK-50.8 mi
Homestead Middle School
650 Northwest 2nd Avenue, Homestead, FL 33030
6-82.5 mi
Homestead Senior High School
2351 Southeast 12th Avenue, Homestead, FL 33034
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 738 SW 7th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/14/2026
Price Reduced
$355,000
-1.39%
MLS
7/21/2026
Listed
$360,000
0.84%
MLS
12/12/2023
Sold
$357,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 738 SW 7th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,612
-13%
$304,352
1%
2024
$6,443
94%
$301,807
24%
2023
$3,314
37%
$243,029
83%
2021
$2,422
-16%
$132,855
-32%
2022
$2,872
19%
$194,683
58%
2021
$2,422
18%
$122,946
59%
2019
$2,044
12%
$77,171
10%
2018
$1,827
15%
$70,156
-15%
2017
$1,586
10%
$82,864
43%
2016
$1,445
8%
$57,981
10%
2015
$1,334
10%
$52,710
10%
2014
$1,216
14%
$47,919
10%
2013
$1,069
—
$43,563
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 738 SW 7th Terrace

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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738 SW 7th Ter, Florida City, FL 33034 (MLS# A12046741) is a Single Family property with 4 bedrooms and 2 full bathrooms. 738 SW 7th Ter is currently listed for $355,000 and was received on July 21, 2026. Want to learn more about 738 SW 7th Ter? Do you have questions about finding other Single Family real estate for sale in Florida City? You can browse all Florida City real estate or contact a Coldwell Banker agent to request more information.

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