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Bean Group
Offered at $1,100,000Active
beds
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baths
0
sq ft
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Built
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7940 SW 166TH Street

Palmetto Bay, FL 33157

About this home

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 last checked: Listing updated:

Listed by Denise Panny · Keller Williams Realty of Vero · MLS #B26068893

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Details at a glance

Building1 property facts
Style
Unimproved Land
Land & utilities4 property facts
Lot size
0.35 acres
Water
Other
Sewer
Public Sewer
Zoning
2100
Financial2 property facts
Annual taxes
$7,383
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,177 / monthAdjust
Principal & interest
$5,562
Property tax
$615
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,383. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Comparable properties 1 supplied

Sold Aug 21, 2026

$1,140,000

511 NE 82nd Terrace

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About 7940 SW 166TH Street

Can I request a private showing?

Request a tour of 7940 SW 166TH Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.