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Single Family Residence
$1,649,000$522 / sqft
7605 SW 147th St, Palmetto Bay FL 33158
Listed
5
Bedrooms
3
Bathrooms
3,160 sqft
Interior
1988
Year built
$163 / mo
HOA
Single Family Residence
Type
About this home
Rarely available in beautifully treelined and gated Old Cutler Cove! This meticulously maintained, spacious two-story, 5-bedroom, 3-bath home is located in one of North Palmetto Bay’s most sought-after communities. Perfectly situated on a quiet cul-de-sac interior lot and freshly painted inside and out, this home features generous spaces designed for both everyday living and entertaining. The flexible layout includes a convenient first-floor bedroom ideal for guests, in-laws, or a home office, and a spacious eat-in kitchen and family room that lead to a tranquil backyard pool and patio area. While upstairs you'll find the primary suite along with three additional bedrooms, providing plenty of room for family and guests. Another top asset is this home's unbeatable location. Just outside the gates of Old Cutler Cove are two of Palmetto Bay's most coveted amenities, 50-acre Coral Reef Park and "A"-rated Coral Reef Elementary School. Whether it's morning walks to school, afternoons at the park, youth sports, playgrounds, tennis, the farmers market, or community events, you'll enjoy a lifestyle that is difficult to replicate anywhere else. A welcoming neighborhood atmosphere, low HOA fees, and one of the most convenient locations in Palmetto Bay, this is a rare opportunity to make this special home your own.
Features
- First Floor Entry
- Built-in Features
- Pantry
- Vaulted Ceiling(s)
- Family Room
- Utility Room/Laundry
- Pool
Location
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We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.