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ONCE-IN-A-LIFETIME DEVELOPMENT OPPORTUNITY ON PRESTIGIOUS OLD CUTLER ROAD, JUST ONE BLOCK FROM PINECREST. Bring your Offers! An extraordinary opportunity to acquire an expansive 5.2-acre estate parcel in northeast Palmetto Bay. With substantial frontage along iconic Old Cutler Road and a rare scale increasingly difficult to find, this property presents tremendous potential for a private legacy estate, luxury residential compound, or potential subdivision/development opportunity. E-1 zoning provides for one-acre estate single-family residential development, subject to applicable requirements and governmental approvals. The generous acreage and unique configuration create an exceptional canvas for builders, developers, investors or an end user. Ideally positioned along the historic Old Cutler Road corridor with convenient access to Coral Gables, Pinecrest, parks, marinas and Biscayne Bay. Over five acres. One remarkable location. Endless possibilities. Buyer to independently verify zoning, subdivision potential, permitted uses, density, utilities, environmental conditions and all development possibilities with the Village of Palmetto Bay and applicable governmental agencies.

Facts & Features

33 details
Overview
List Price
$10,995,000
Lot Size
5.20 acres
Property Type
Land & Docks
Sub-Type
Unimproved Land
Standout Features
City WaterNo HOAOversized Lot
Exterior & Construction
Direction Faces
East
Zoning
2300
Lot Features
Oversized LotOther
Utilities & Green Energy
Water Source
Public
Location & Schools
Address
13650 Old Cutler Road, Palmetto Bay, FL 33158
City
Palmetto Bay
County
Miami-Dade
Zip Code
33158
Subdivision
UNPLATTED
Elementary School
Howard Drive
Middle School
Palmetto
High School
Miami Palmetto
State
FL
Financial & Tax
Annual Tax
$7,381
Parcel Number
3350230000200
Listing & MLS
MLS #
A12085240
Listing Agent
Fernando Nicholas Rodriguez
Listing Office
Douglas Elliman
Listing Updated
Oct 31, 2026
Additional Details
Lot Size Square Feet
226,512
Lot Size Dimensions
226512
Current Use
Check Land Use PlanResidentialSingle FamilyOther
Directions
ENTRANCE ON OLD CUTLER RD
Postal Code Plus4
1469
Mls Area Major
2500
Photos Count
12
Property Type Label
Land & Docks
Permit Internet
Yes

Monthly Cost

$61,709/mo

Estimated with 20% down ($2,199,000), 30-yr fixed at 6.5%

Principal & interest
$55,597
Property taxes
$615
Home insurance
$5,498
Customize this payment

Estimate only — not a loan offer or pre-approval. Taxes from the latest county tax bill; insurance estimated at 0.6% of price per year.

Price & Status History

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History shown as reported by BeachesMLS. Information deemed reliable but not guaranteed.

Schools

Elementary

Howard Drive

Middle / Jr High

Palmetto

High School

Miami Palmetto

School assignments can change — verify enrollment eligibility directly with the school district.

Location & Flood Zones

13650 Old Cutler Road, Palmetto Bay, FL 33158

Palmetto Bay, FL 33158

UNPLATTED

Beds
Baths

Listed by

Fernando Nicholas Rodriguez

Douglas Elliman

MLS #A12085240. Information deemed reliable but not guaranteed. Listing information last updated Oct 31, 2026.

Estimate Your Payment

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Down Payment20% ($2,199,000)
Loan Term
Interest Rate6.500%
Est. monthly payment$61,709
Principal & interest
$55,597
Property taxes
$615
Home insurance
$5,498
Loan amount
$8,796,000

Taxes based on the latest county tax bill ($7,381/yr). Insurance estimated at 0.6% of price per year. Estimate only — not a loan offer or pre-approval.