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6952 SW 149th Ter, Palmetto Bay FL 33158
About this home
Nestled on a sprawling 18,000+ SF corner lot in the highly sought-after corridor east of Old Cutler, this exceptional North Palmetto Bay residence offers privacy, functionality, and an ideal layout for multigenerational living. The spacious home features 4 bedrooms, 3 bathrooms, and a two-car garage, while the separate guest quarters includes a bedroom, den, bathroom, and kitchenette—perfect for in-laws, guests, or a private office. Thoughtfully updated with impact windows, a metal roof, a recently renovated kitchen, and a new Trane A/C system with a medical-grade UV air purification filter in the main house. Step outside to your own tropical backyard oasis featuring a heated saltwater pool surrounded by lush palms. Offering added peace of mind, the property is located in Flood Zone X and is equipped with solar panels paired with Tesla backup battery storage, allowing the home to operate independently during power outages while keeping the average electric bill under $50 per month. Ideally located within walking distance of top private schools—just one block from Westminster Christian School and minutes from Alexander Montessori—as well as The Falls, parks, dining, shopping, and everyday conveniences, this is a rare opportunity to own a beautifully updated home in one of Palmetto Bay's most desirable neighborhoods.
Features
- First Floor Entry
- Den/Library/Office
- Other
- Pool
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
- $9,097
- 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.