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17640 Old Cutler Rd, Palmetto Bay FL 33157
About this home
Priced below Bank Appraisal! The perfect entertaining home is looking for it's new owner! One of a kind gated on historic Old Cutler Road in Palmetto Bay. Builders Acre, five bedrooms & three & a half bath Luxury Home. Amenities include you're own private pickle ball/tennis court, "lifetime" metal roof, two fire pits, heated pool/spa as well as "pool chiller" for those hot summer days! Outdoor mosquito SWAT system, room for boat/RV parking, full outdoor kitchen, Complete energy efficient Impact windows & doors (including sky lights), two brand NEW 5-ton A/C units just installed with 10-year warranty that transfers to new owner, full indoor bar with icemaker, renovated bathrooms, eat-in chef's kitchen including double ovens, double microwaves, Fisher & Paykel high BTU gas cooktop, stainless appliances, breakfast nook and pantry. Actual living square footage measures 4018 much larger than tax roll. Formal living and dining room, fireplace and giant media room for game day! Recent bank appraisal upon request. Four photos have been virtually staged.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Skylight
- Family Room
- Media Room
- Built-In Grill
- Tennis Court(s)
- Pool
- Tennis Court View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $12,131
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.