SHEAR GROVES

6731 SW 138th St, Palmetto Bay FL 33158

4 beds · 4 baths · 2,873 ft²

Closed

$2,199,000

Est. Payment $11,704/mo

MLS Sheet Video

4

Bedrooms

4

Bathrooms

2,873

Sq. Ft.

1951

Year Built

2

Garage

24

Days on Market

Description

Located in the exclusive gated community of Old Cutler Groves, an enclave of just 16 homes with private roads and two tennis courts, this updated estate offers a rare blend of privacy, space, and flexibility. The main home features a 3-bed, 3-bath split layout with open living areas (3,062 SF per appraisal, larger than tax roll) overlooking the screened pool and lush landscaping. The custom kitchen flows into the family room, perfect for everyday living and entertaining. A spacious, separate guest house makes an ideal in-law suite, office or flex space. Outside, enjoy the pool and spa, expansive patio and mature trees that create a true backyard oasis. With impact windows and doors and a prime location, this is a rare opportunity in one of the most desirable communities east of Old Cutler.

Facts

MLS#
A11870224
Subdivision
SHEAR GROVES
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1951
Lot Size
22,587 ft²
Sq. Ft.
2,873 ft²
Sq. Mt.
267 m²
Price per sq. ft.
$765/ft²
Price per sq. mt.
$8,236/m²
Stories
Garage
2 spaces
Pool
Days on Market
24 days
Listed
Sep 2, 2025
Last Updated
Nov 12, 2025
Price/Lot Sq.Ft.
$97/ft²

Market insights for Palmetto Bay

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

11/12/2025Sold$2,199,000
9/2/2025Listed for sale$2,199,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

6731 SW 138th St, Palmetto Bay FL 33158Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$13,687/mo

Principal & Interest

$11,704

Property Tax

$1,833

Insurance

$150

HOA

$0

20% ($439,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated within 24 hours

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6731 SW 138th St, Palmetto Bay FL 33158 | $2,199,000 | Rangely Adames Miami Real Estate