Land in Palmetto Bay, FL 33157Carmichael Estates, 7940 SW 166th St
$1,100,000
Beds
0.35
Acre$3,142,857
$/AcreLandProperty Type
0.35 AcresLot Size
$3,142,857/AcrePrice per acre
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.
Listing Courtesy Of: Keller Williams Realty of Vero
Local Realty Services Provided By: Best of Luxury Realty
On Site: 64 DaysUpdated: 36 Days agoPage Views: 0
Features
MLS Number: B26068893
All features
- Current Use: Residential, SingleFamily
- Approx SqFt Total Area: 15388
- Property SqFt: 15388
- Remarks: 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.
- REO: Standard
- Internet Remarks: 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.
- Waterfront: No info
- Directions: North
- Days on Market: 28
- Compass Point: SW
- Office Name: Keller Williams Realty of Vero
- Taxes: 7383
- Tax Year: 2025
- Listing Date: 2026-08-26T22:11:23.000-00:00
- Lot Size Square Feet: 15388
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
08/26/2026
Listed
$1.1M
$71 ft2
$769 m2
08/26/2026
$1.1M
Event
Listed
Price Per
$71 ft2
$769 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Denise Panny • Keller Williams Realty of Vero • Buyer Agency Compensation .
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Community Snapshot
$1.1M – $1.1M
Price Tier
2,863 - 3,832
SqFt Range
2005
Year Build
14
Total Units
Other Palmetto Bay, FL Homes & Condos Price Range Segments
Entry-Level
Entry-Level5
Premium
Premium15
- Allison Estates House1
- Casa Granada Condo3
- Cutler Pines Estates House0
- Hampton Place Mixed0
- Harriel Estates House0
- Laurel Hill Park House0
- Mansions Of Pine Glen House0
- Old Cutler Shores House1
- Orchard Estates House0
- Palmetto Bay Estates House0
- Paris Estates South House0
- Pine Manor Estates House2
- Port Of Cape Cutler Estates House0
- The Banyan Drive Estates House1
- Villagio At Palmetto Bay Condo3
Mid-Tier
Mid-Tier100
- Alan Grove Estates House0
- Armstrong House0
- Axelaja Estates House0
- Be-Car House1
- Bel Aire House10
- Benson Park House1
- Briarwood Estates House0
- Cal Neg Homes House0
- Cape Cutler Estates House2
- Carol Hill Estates House0
- Century At Palmetto Bay House1
- Chapman Park House0
- Charlotte Estates House1
- Clinton Grove Estates House1
- Colonial Palms Manor House0
- Coral Reef Estates House6
- Coral Reef Gardens House0
- Coral Reef Homesites House0
- Country Club Grove House2
- Cutler Hammock House3
- Cutler Heights Estates House1
- Cutler Reef Estates House0
- Cutler South House1
- Cutler Ten Pines House0
- Del Mar Edge House0
- Eastgrove East House1
- Eastgrove Estates House1
- Edmor Estates House0
- Elysian Gardens House1
- Emerald Oaks House0
- Estelle Lawrence Homes House0
- Flamingo Gardens Estates House1
- Fondren Estates House1
- Franjo Park House2
- Garden Groves House1
- Glenwood Estates House0
- Green Briar Acres House0
- Groves At Old Cutler House2
- Heatherwood House0
- Helenwood Estates House0
- Herman Estates House0
- Herman Hills House1
- High Ridge Estates House0
- Hillary Estates House0
- Kings Bay Pines House0
- Kings Cove House0
- Lilgerdon Estates House0
- Live Oak Estates House0
- Malbrook House0
- Mango Park Estates House0
- Mangowood House2
- Mangowood Park House0
- Mansions By The Falls House0
- Maral Estates House0
- Mardel Estates House0
- Mirelda Estates House1
- Mitchell East House0
- Moon Gate House0
- Oak Homes House0
- Oakwood Manor House0
- Old Cutler Creek House1
- Old Cutler Groves South House0
- Old Cutler Oaks South House0
- Old Cutler Palms House1
- Old Cutler Villas West House1
- Old Cutler West House0
- Palmetto Bay No HOA House1
- Palmetto Bay Residential House4
- Palmetto Pines House0
- Palmetto Road Estates House0
- Paris Manor East House0
- Perrine Heights House0
- Pine Bay Estates South House2
- Pine Glenn Estates House0
- Pinewood Estates House3
- Porto Vecchio Townhouses Townhouse0
- Richard Estates House1
- Riviera Homes House0
- Roberts Mixed0
- Rockdale Gardens House0
- Royal Cutler Estates House0
- Royal Harbour Yacht Club Townhouse2
- Royal Palm Harbor House1
- Southwood House6
- Springer Groves House0
- Stewart Oaks House0
- Stonehaven South House0
- Sun Coral Estates House0
- Sun Coral Heights House0
- Tanglewood Estates House2
- Tanglewood Gardens House0
- Tanglewood Lake House0
- The Landings House2
- The Oaks House1
- Triple C Estates House0
- Tuscany Estates & Villas Mixed0
- Twenty Bel Aire House2
- Victoria Bay Estates House0
- Villa Malaga House0
- Wendan House0
High-End
High-End13
Ultra Luxury
Ultra Luxury1
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