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$2,360,000 Just Listed
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Property Description
Prime Development Opportunity of a double lot that is in process of being subdivided, in Palmetto Bay. Sprawling 54,450 SQ FT lot offering unparalleled versatility in Miami's premier suburban sanctuary. Build the ultimate luxury estate of your dreams with endless space for a private pool, tennis courts, a soccer field, and a tropical oasis. Alternatively, leverage the massive acreage with the potential to divide the land into 2 separate folios for a high-yield development project. Nestled in a highly sought-after neighborhood famed for its peaceful vibe, low-density streets, and top-rated A+ public and private schools. Enjoy close proximity to historic Old Cutler Road, pristine parks, and Biscayne Bay. Don't miss this blank canvas to create a custom masterpiece or maximize your investment return. Location, space, and endless potential! READY PLANS TO BE SUBMITTED FOR CITY APPROVAL
Full Property Details
Full Property Details for 8540 SW 174th St
General
- Price: $2,360,000
- Taxes: $24,271 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A12085947
- Updated: 9/17/2026
- Added to Site: 5 day(s) ago
Location
- Area: Unplatted
- County: Miami-Dade County
- Subdivision: UNPLATTED
- Building Name: UNPLATTED
- Driving Directions: 87th Avenue to SW 174th Street
- Direction Faces: West
Community
- Community Name: Unplatted
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Check Land Use Plan
Additional Structures
- Other Structures: None
Lot Features
- Property View: None
- Lot Size (Acres): 1.25
- Lot Size (Sq. Ft.): 54,450
- Lot Features: City Location, Septic
- Development Status: Unrecorded Plat
- Trees/Vegetation: Partially Wooded
- Zoning: 2100
Financial Considerations
- Tax Amount: $24,271
- Tax Year: 2025
- Terms: All Cash, FHA 203K
Disclosures and Reports
- Documents Avail.: Plans Available
- Legal Description: 34 55 40 1.25 AC W1/2 OF NE1/4 OF SW1/4 OF SW1/4 OF NW1/4 LOT SIZE IRREGULAR OR 12520-2939 0485 1 F/A/U 30-5034-000-0350
- Inclusions: None
- Property ID: 33-50-34-000-0350
Listed by Group 3 Realty
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Schools
Schools serving 8540 SW 174th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Dr. Henry E. Perrine Academy Of The Arts 8851 Southwest 168th Street, Palmetto Bay, FL 33157 | PK-5 | 0.6 mi |
Southwood Middle School 16301 Southwest 80th Avenue, Palmetto Bay, FL 33157 | 6-8 | 0.9 mi |
Miami Palmetto Senior High School 7460 Sw 118th St, Miami, FL 33156 | 9-12 | 3.7 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 8540 SW 174th St
Date
Details
Price
Change
Source
9/12/2026
Listed
$2,360,000
136%
MLS
6/06/2024
Sold
$1,000,000
—
Public Record
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
Tax History for 8540 SW 174th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,312
—
$1,360,492
35%
2024
$16,312
11%
$1,007,872
3%
2023
$14,713
48%
$975,509
79%
2021
$9,916
-25%
$545,382
-25%
2022
$13,211
33%
$726,505
53%
2021
$9,916
18%
$475,932
14%
2019
$8,421
18%
$418,820
-5%
2018
$7,156
-12%
$440,410
-7%
2017
$8,145
8%
$473,297
30%
2016
$7,516
9%
$363,976
8%
2015
$6,896
6%
$338,545
10%
2014
$6,491
12%
$307,769
10%
2013
$5,806
—
$279,790
—
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
Estimate the Cost for 8540 SW 174th St
8540 SW 174th St, Palmetto Bay, FL 33157 (MLS# A12085947) is a Land Residential property with a lot size of 1.25 acres. 8540 SW 174th St is currently listed for $2,360,000 and was received on September 12, 2026. Want to learn more about 8540 SW 174th St? Do you have questions about finding other Land Residential real estate for sale in Palmetto Bay? You can browse all Palmetto Bay real estate or contact a Coldwell Banker agent to request more information.

