Old Cutler Shores
Homes for Sale in Palmetto Bay, FL
All 17 homes for sale in Palmetto Bay, FL · median $281,999 · 53 homes for sale in 33157 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of September 2026, Old Cutler Shores in Palmetto Bay, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $997,500, $355 per square foot, a median 60 days on market, sellers accepting 85% of original asking. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $17,550 ($16,840 with the full homestead exemption).
| Location | Palmetto Bay, Miami-Dade County, FL · ZIP 33157 |
|---|---|
| Sale prices, last 12 months | $997,500 median across 4 closed sales · $355 per sq ft |
| Days on market (closed sales) | 60 median |
| For sale right now | 1 active, 0 pending · median asking $2,379,000 |
Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “OLD CUTLER SHORES key facts,” movewithmomentum.com/neighborhoods/old-cutler-shores, data as of September 20, 2026.
Old Cutler Shores is pricing on land and structure, not on shared amenities — the current MLS data shows nothing in the way of clubhouse, gate, or recreational infrastructure attached to these listings, so the mid-$1,025,000 median is being carried by the homes themselves and their lot positions. At $364.67 a square foot, buyers are paying for size and site, and that figure will move a lot depending on how updated a given house is relative to its neighbors.
A median of 90 days on market is a meaningfully slower pace than a hot-turnover segment, and with only five closings in the current window, this is a thin dataset — every closed sale here is doing more work to set the tone of the market than it would in a higher-volume community. Sellers should price with room for negotiation given the DOM, and buyers should treat any one listing's condition and pricing as a data point, not a rule.
The 60-Second Overview
Old Cutler Shores market snapshot (as of September 20, 2026): the median sale price is about $998K ($355 per sq ft over the trailing 12 months of closed sales), and a median 60 days on market for closed sales.
In ZIP 33157 (Palmetto Bay), 572 homes closed in the last 12 months at a median of $588K ($383/sq ft), down 1.6% year over year, with a median 52 days on market. Right now 199 active and 76 pending listings put supply at about 3.6 months — a balanced market. See the live ZIP 33157 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 57 homes in OLD CUTLER SHORES that have changed hands since 2007, built between 1974 and 2017 (median 1981), with a median living area of about 3,192 sq ft and a typical 4-bedroom, 3-bath layout; 100% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Old Cutler Shores in Miami-Dade County is trading as an individual-home market rather than an amenity-driven one — recent MLS activity shows no clubhouse, pool, or community recreation tied to these listings, so value here is a function of the house and the lot, not a shared package.
Who Old Cutler Shores is best for.
Best for
- Buyers prioritizing home size and lot over shared community features
- Buyers with flexibility on timeline who can wait through a longer DOM cycle
- Buyers or sellers comfortable pricing against a small, closely-analyzed comp set
Probably not for
- Buyers who want a clubhouse, pool, or organized recreation as part of the purchase
- Buyers expecting a fast, high-volume resale market
- Sellers wanting to rely on a large local comp set to justify pricing
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($998K) IS the median in the snapshot above.
Windows contain 0 to 8 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.
36% of homes for sale in ZIP 33157 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-24).
Old Cutler Shores Market Scorecard
Old Cutler Shores is currently a balanced market., a median asking price of $2,379,000, and homes go under contract in about 131 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Old Cutler Shores
Live MLS inventory for Old Cutler Shores. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Old Cutler Shores listings as of 2026-09-23, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.
Every Home for Sale in Old Cutler Shores Right Now (1)
All 1 active and pending Old Cutler Shores listings with a detail page, newest first, refreshed twice a day from the MLS.
- 17740 SW 83rd Ave · $2,379,000 · 4 bd / 4 ba · listed Jun 27, 2026 · listed by US Capital Homes, LLC.
The Old Cutler Shores buying strategy.
If we were buying in Old Cutler Shores today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Old Cutler Shores.
What the numbers are actually telling you
A per-square-foot median of $364.67 against a roughly $1,025,000 price point suggests homes here run larger, on bigger footprints, or both — this is not a compact, high-density price-per-foot market. That combination points to a segment where lot size and layout do more to justify price than finish level alone, though condition will still swing individual sales meaningfully given the DOM spread.
Ninety median days on market is worth sitting with. It does not necessarily mean the community is slow to move overall — with only five closings feeding this window, a single well-priced or a single overpriced listing can stretch or compress that number considerably. Anyone using this figure to plan a listing strategy or an offer timeline should treat it as directional, not exact.
The location and the amenities are priced into every listing in Old Cutler Shores. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin on closings, the difference between a good outcome and a mediocre one comes down to reading the few comparable sales correctly and pricing or negotiating against them with discipline — that is where we spend our time, rather than leaning on generic averages that do not hold up at this volume.
Old Cutler Shores in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Old Cutler Shores buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Old Cutler Shores sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Old Cutler Shores, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Old Cutler Shores home worth?
Get a no-obligation home value based on real comparable sales in Old Cutler Shores, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Old Cutler Shores?
How long do homes in Old Cutler Shores take to sell?
Who is the best real estate agent for Old Cutler Shores?
How do I find a top Palmetto Bay real estate agent who knows Old Cutler Shores?
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Where is Old Cutler Shores, and what county is it in?
Should you buy in Old Cutler Shores?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 23, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (49 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how OLD CUTLER SHORES fits the bigger picture — live prices, inventory, and Momentum Scores:
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