For sale

$1,100,000

Est. $7,718/mo —

Land

•

0.35

acre (lot)

7940 SW 166th St, 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.

Vacant landProperty Type

0.35 acresLot Size

$3,142,857Price/Acres

Listed by Denise Panny of Team Panny • Keller Williams Realty of Vero

Listing updated: Sep 9, 2026 at 10:25am

Redfin checked: 2 minutes ago

•Source:Beaches MLS #B26068893

Payment calculator

$7,718 per month

Principal and interest$6,003

Property taxes

$615

HOA dues

Home insurance

$1,100

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT
$730,000
5 beds3 baths2,230 sq ft
10840 SW 153rd Ct, Miami, FL 33196
(305) 809-8085
OPEN SAT, 11AM TO 2PM
$1,975,000
4 beds3 baths2,335 sq ft
4450 SW 62nd Ct, Miami, FL 33155
(305) 697-2904
OPEN SAT, 11AM TO 2PM
$1,100,000
4 beds3.5 baths3,045 sq ft
15932 SW 136th Way, Miami, FL 33196
(305) 595-2844
OPEN SAT, 11AM TO 3PM
$3,300,000
4 beds3 baths2,653 sq ft
629 Altara Ave, Coral Gables, FL 33146
(888) 883-8509
OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$1,598,000
3 beds2 baths1,635 sq ft
439 Candia Ave, Coral Gables, FL 33134
(888) 883-8509
OPEN SAT, 12PM TO 3PM3D WALKTHROUGH
$679,000
3 beds2 baths1,384 sq ft
11125 SW 173rd Ter, Miami, FL 33157
(954) 237-0400
OPEN SAT, 12PM TO 4PM
$1,995,000
4 beds3.5 baths2,314 sq ft
7800 SW 94th St, Miami, FL 33156
(305) 960-2400
OPEN SAT, 2PM TO 3:30PM3D WALKTHROUGH
$650,000
3 beds2 baths1,508 sq ft
7557 SW 164th Ct, Miami, FL 33193
(888) 883-8509
OPEN SUN, 11AM TO 1PM
$1,075,000
3 beds2 baths1,338 sq ft
213 Florida Ave, Coral Gables, FL 33133
(786) 231-4200
OPEN SUN, 11AM TO 2PM
$2,249,000
4 beds3.5 baths2,405 sq ft
2342 SW 25th Ter, Miami, FL 33133
(305) 667-4815

Around this home

Schools

K - 12
Preschool & daycare

Coral Reef Elementary School

Public PreK-5 • Assigned • 0.9mi

9/10

Southwood Middle School

Public 6-8 • Assigned • 0.2mi

9/10

Miami Palmetto Senior High School

Public 9-12 • Assigned • 3.0mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior

Interior features
Currently unimproved land designated for residential single-family use

Sale and tax history for 7940 SW 166th St

Sale History
Tax History

Date

Event

Price

SCMLS #1086052

Aug 26, 2026

Listed

$1,100,000

+35

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 residential lot. ENVISION creating an architecturally significant residence complemented by a pool, landscaped grounds and beautifully curated outdoor living spaces. 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 and more. SPACE, SERENITY & LOCATION distinguish this increasingly rare Palmetto Bay homesite. IMPORTANT: Listing Broker has verified Seller's identity and ownership; this property is authorized by the property owners for sale.

Beaches MLS #B26068893

Aug 26, 2026

Listed

$1,100,000

RAIRCMLS #299484

Aug 25, 2026

Listed

$1,100,000

+31

RARE OPPORTUNITY to acquire land and build a custom estate in So Florida's PALMETTO BAY. Set within a serene enclave of impressive residences and lush, mature landscapes, THIS 15,388SF PARCEL offers an exceptional canvas. ENVISION BUILDING a distinctive residence w/ pool, landscaped grounds, curated outdoor living. NEAR highly regarded schools, beaches, historic estates, botanic garden, Palmetto Golf Course, shops, eateries+. PRIVACY, PRESENCE, ENDURING APPEAL distinguish this rare homesite. NOTE: Listing Broker verified Seller's identity/ownership; property is authorized by the owners for sale.

Public Records

Aug 25, 1997

Sold

$65,000

Public Records

Dec 19, 1995

Sold

$295,000

Public Records

May 18, 1994

Sold

$299,500

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.35 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Miami-Dade County

APN

3350270530120

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 27, 2026.

Climate risks

5/10 Flood Factor

Estimated 18-26% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 105° expected this year, 31 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Palmetto Bay, FL • 33157

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

99/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 6% for direct sun exposure in Palmetto Bay. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.7 hrs

8.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 7940 SW 166th St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $910,000 and $1,750,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $910K to $1.8M.

SOLD JUL 31, 2026
$1,060,000 Last sold price
4 beds2 baths2,399 sq ft
16420 SW 81st Ave, Palmetto Bay, FL 33157
SOLD MAY 22, 2026
$1,050,000 Last sold price
3 beds2 baths2,066 sq ft
7201 SW 166th St, Palmetto Bay, FL 33157
SOLD JUN 30, 2026
$910,000 Last sold price
3 beds2 baths1,860 sq ft
8200 SW 164th St, Palmetto Bay, FL 33157
SOLD AUG 31, 2026
$1,500,000 Last sold price
4 beds3 baths2,368 sq ft
7845 SW 161st St, Palmetto Bay, FL 33157
SOLD DEC 23, 2025
$1,175,000 Last sold price
4 beds3 baths2,750 sq ft
15804 SW 82nd Ct, Palmetto Bay, FL 33157
SOLD JUN 16, 2026
$1,750,000 Last sold price
4 beds4 baths3,062 sq ft
7330 SW 165th St, Palmetto Bay, FL 33157
larger lot

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