9720 SOUTH WEST 181ST TER, Palmetto Bay
$490,000 USD 2 1
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| Address | 9720 SOUTH WEST 181ST TER, Palmetto Bay |
| Building Name | MORNINGSIDE ACRES |
| Type of Property | Single Family Residence |
| Property Style | R30-No Pool / No Water |
| Price | $490,000 |
| Previous Price | $550,000 (185 days ago) |
| Sold on | 22nd December, 2024 |
| Sold Price | $480,000 |
| Property Status | Closed |
| MLS Number | A11667815 |
| Bedrooms Number | 2 |
| Full Bathrooms Number | 1 |
| Living Area | 650 |
| Lot Size | 12008 |
| Year Built | 1950 |
| Folio Number | 33-50-32-007-0380 |
| Zoning Information | 0100 |
| Days on Market | 269 |
Detailed Description: Discover a rare opportunity to own a 12,080 sq.ft lot in Palmetto Bay’s highly desirable “Opportunity Zone. ” Zoned for both commercial and residential development, this property is perfect for investors and developers eager to tap into the area’s growth potential. Currently, it features a well-maintained, owner-occupied 2-bedroom, 1-bath home with a nearly new roof and plenty of remaining life—ideal for comfortable living or rental income while planning future projects. With endless possibilities, from constructing modern townhomes to commercial office spaces, this property is a visionary’s dream. Located just 3-5 minutes walking distance from a new Lennar development, the area is rapidly evolving, offering long-term value. Don’t miss this must-see opportunity!
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Address Information
| State | Florida |
| City | Palmetto Bay |
| County | Miami-Dade County |
| Zip Code | 33157 |
| Address | 9720 SOUTH WEST 181ST TER |
| Section | 32 |
| Zip Code (4 Digits) | 5513 |
Financial Information
| Price | $490,000 |
| Price per Foot | $0 |
| Previous Price | $550,000 |
| Sold on | 22nd December, 2024 |
| Sold Price | $480,000 |
| Folio Number | 33-50-32-007-0380 |
| Tax Amount | $854 |
| Tax Year | 2023 |
| Terms of Sale | Conventional |
| Type of Contingencies | No Contingencies |
Full Descriptions
| Detailed Description | Discover a rare opportunity to own a 12,080 sq.ft lot in Palmetto Bay’s highly desirable “Opportunity Zone. ” Zoned for both commercial and residential development, this property is perfect for investors and developers eager to tap into the area’s growth potential. Currently, it features a well-maintained, owner-occupied 2-bedroom, 1-bath home with a nearly new roof and plenty of remaining life—ideal for comfortable living or rental income while planning future projects. With endless possibilities, from constructing modern townhomes to commercial office spaces, this property is a visionary’s dream. Located just 3-5 minutes walking distance from a new Lennar development, the area is rapidly evolving, offering long-term value. Don’t miss this must-see opportunity! |
| Property View | None |
| Design Description | Detached, One Story |
| Roof Description | Shingle |
| Floor Description | Ceramic Floor |
| Interior Features | First Floor Entry, Den / Library / Office, Family Room, Other |
| Furnished Information | Unfurnished |
| Cooling Description | Central Air |
| Heating Description | Central |
| Water Description | Municipal Water |
| Sewer Description | Septic Tank |
| Parking Description | Driveway |
| Pet Restrictions | More Than 20 Lbs |
Property parameters
| Bedrooms Number | 2 |
| Full Baths Number | 1 |
| Living Area | 650 |
| Lot Size | 12008 |
| Zoning Information | 0100 |
| Year Built | 1950 |
| Type of Property | Single Family Residence |
| Style | R30-No Pool / No Water |
| Building Name | MORNINGSIDE ACRES |
| Development Name | MORNINGSIDE ACRES |
| Construction Type | CBS Construction |
| Street Direction | South West |
| Listed with | Inspired Lifestyle Realty, LLC |