PINEWOOD ESTS 3RD ADDN

8500 SW 179th St, Palmetto Bay FL 33157

5 beds · 4 baths · 3,045 ft²

For Sale · Active Listing

$1,475,000

Est. Payment $7,851/mo

MLS Sheet Video

5

Bedrooms

4

Bathrooms

3,045

Sq. Ft.

1979

Year Built

2

Garage

100

Days on Market

Description

Income-Producing Residence | Future Move-In Opportunity. Exceptional opportunity in one of Palmetto Bay’s most desirable neighborhoods. Currently leased at $8,500/month through March 2027. This property is ideal for investors, 1031 buyers, or future homeowners planning ahead. The home offers privacy, Spacious lot with pool potential and projected high appreciation. Secure today’s pricing in Palmetto Bay while benefiting from immediate income and future lifestyle flexibility. Seller will prioritize well-structured offers that reflect current value and clean terms from qualified buyers. Owner will be reviewing qualified offers for the Palmetto Bay property through 05/17/2026.

Facts

MLS#
A11947680
Subdivision
PINEWOOD ESTS 3RD ADDN
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1979
Lot Size
15,625 ft²
Sq. Ft.
3,045 ft²
Sq. Mt.
283 m²
Price per sq. ft.
$484/ft²
Price per sq. mt.
$5,212/m²
Stories
Garage
2 spaces
Pool
Days on Market
100 days
Listed
Jan 17, 2026
Last Updated
Apr 27, 2026
Price/Lot Sq.Ft.
$94/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).

1/17/2026Listed for sale$1,475,000

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

Location

8500 SW 179th St, Palmetto Bay FL 33157Directions

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

$9,230/mo

Principal & Interest

$7,851

Property Tax

$1,229

Insurance

$150

HOA

$0

20% ($295,000)
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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