GROVES AT OLD CUTLER in Palmetto Bay

GROVES AT OLD CUTLER
Homes for Sale in Palmetto Bay, FL

Community in Palmetto Bay · Miami-Dade County · ZIP 33157
Median sale $1.38M
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Photo via miami

Built fromLive miami data14 years of closingsUpdated twice daily
Live · GROVES AT OLD CUTLER Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.38M
Median sold · 12 mo
$462/sf
Sold $/sqft · 12 mo
peak $462 in 2026
94.1%
Sale vs ask
+166%
T12M median vs 2012
from a $517K median in 2012
Tempo
62days
Median DOM · closed
17 days at the 2013 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
33%
Cash buyers · GROVES AT OLD CUTLER
1 of 3 sales, 12 mo ending July 2026
Track record · 14 years of records
3,357sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Groves at Old Cutler prices off land and construction quality, not amenity packages — there is no clubhouse or gate roster driving value here. At a median of $461.67 per square foot, the number reflects lot size, canopy, and how recently a home has been rebuilt or renovated rather than any shared community feature.

With only three closings in the current window, this is a thin-data market — pricing conclusions should lean on comparable condition and lot characteristics more than on recent sale counts. A median of 62 days on market suggests homes here are not moving on the first weekend, which gives buyers room to negotiate on condition and gives sellers a reason to price realistically from day one.

The 60-Second Overview

GROVES AT OLD CUTLER market snapshot (as of July 20, 2026): the median sale price is about $1.38M ($462 per sq ft over the trailing 12 months of closed sales), and a median 62 days on market for closed sales.

Old Cutler-area pricing has climbed 166% since 2012, but the current median of $1,375,000 sits on a small closings sample, so each sale carries more individual weight than in a higher-volume community.

Best for

  • Buyers with a seven-figure budget who want land and privacy over a shared amenity package
  • Sellers with a recently updated home who can support the asking price with clear renovation and lot documentation
  • Long-horizon buyers comfortable relying on historical appreciation trends rather than short-term comp density

Probably not for

  • Buyers who need clubhouse, gym, or organized community amenities as part of the purchase decision
  • Anyone requiring a fast close backed by a deep, recent comp set
  • Budget-constrained buyers below the community's established price tier

Windows contain 0 to 5 sales each (3 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.

Median sale price · trailing 12 mo
$500K$1M20122014201620182020202220242026
Every sale since 2012 · price vs size
$0$500K$1M$1.5M3k4k5k
30 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$300$40020122014201620182020202220242026
Up from $146 in 2012 to a $462 peak in 2026; $462 now.
Median days on market · closed sales
010020020122014201620182020202220242026
17 days at the 2013 low; 62 now.
Sale price vs original ask · median
88%90%92%95%20122014201620182020202220242026
94.1% now.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 3 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

31% 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 (2026-08-18).

GROVES AT OLD CUTLER Market Scorecard

Balanced

GROVES AT OLD CUTLER is currently a balanced market., and homes go under contract in about 67 days.

$1,375,000
Median sold
$543
List $/sqft
67
Days on mkt
2/2/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in GROVES AT OLD CUTLER

Live MLS inventory for GROVES AT OLD CUTLER. 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 GROVES AT OLD CUTLER listings as of 2026-08-17, 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.

If we were buying in GROVES AT OLD CUTLER today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 GROVES AT OLD CUTLER.

Best Buy
Buyers seeking an established, tree-canopied setting near Old Cutler with substantial lot and home sizes.
Biggest Risk
Very few recent closings means pricing data is thin and each sale swings the median.
Sweet Spot
Move-in-ready or recently renovated homes priced against true condition comps, not list-price optimism.
Avoid If
You need a fast, high-confidence comp set or a community with organized shared amenities.

What the numbers are really saying

The 166% climb since 2012 is a long-run trend line, not a guarantee of the next sale price — it tells you the area has held and grown value over more than a decade, not what a given house will fetch this quarter. With just three closings in the tracked window, buyers should treat the median price and per-square-foot figure as directional rather than a tight comp set.

A 62-day median days-on-market, paired with a per-square-foot figure above $460, points to a market where price and presentation matter more than urgency. Homes that are updated and correctly priced still move; homes that are priced on hope tend to sit and pull the averages up.

The location and the amenities are priced into every listing in GROVES AT OLD CUTLER. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-volume market like this, the handful of closings that exist need to be read correctly — which comps are true apples-to-apples and which are outliers. We pull the underlying MLS detail behind each sale so you are pricing or offering against actual condition and lot comparables, not a thin average.

GROVES AT OLD CUTLER in 15 seconds.

Best forBuyers seeking an established, tree-canopied setting near Old Cutler with substantial lot and home sizes.
Biggest advantageLong-run appreciation — value here has compounded well above short-term market noise since 2012.
Biggest riskVery few recent closings means pricing data is thin and each sale swings the median.
Sweet spotMove-in-ready or recently renovated homes priced against true condition comps, not list-price optimism.
Avoid ifYou need a fast, high-confidence comp set or a community with organized shared amenities.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed GROVES AT OLD CUTLER sales matched to your home.

What is your GROVES AT OLD CUTLER home worth?

Get a no-obligation home value based on real comparable sales in GROVES AT OLD CUTLER, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in GROVES AT OLD CUTLER on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in GROVES AT OLD CUTLER?
The median sale price in GROVES AT OLD CUTLER was $1.38M over the 12 months ending July 20, 2026 (3 closed sales, miami).
How long do homes in GROVES AT OLD CUTLER take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 62 days on market (3 sales, miami).
Do cash buyers compete in GROVES AT OLD CUTLER?
Cash buyers took 33% of GROVES AT OLD CUTLER sales in the 12 months ending July 2026 (1 of 3 closings, miami).
Have GROVES AT OLD CUTLER home prices gone up?
The trailing-12-month median is up 166% since 2012, from $517K to $1.38M (miami closed records).
Who is the best real estate agent for GROVES AT OLD CUTLER?
The best agent for GROVES AT OLD CUTLER is one who actively works Palmetto Bay and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for GROVES AT OLD CUTLER.
How do I find a top Palmetto Bay real estate agent who knows GROVES AT OLD CUTLER?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows GROVES AT OLD CUTLER and the wider Palmetto Bay area.
Can Momentum Realty connect me with an agent for GROVES AT OLD CUTLER?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your GROVES AT OLD CUTLER purchase or sale - no call center and no pressure.
Buyers with a seven-figure budget who want land and privacy over a shared amenity packageExcellent fit
Sellers with a recently updated home who can support the asking price with clear renovation and lot documentationExcellent fit
Long-horizon buyers comfortable relying on historical appreciation trends rather than short-term comp densityExcellent fit
Buyers who need clubhouse, gym, or organized community amenities as part of the purchase decisionProbably not
Anyone requiring a fast close backed by a deep, recent comp setProbably not
Budget-constrained buyers below the community's established price tierProbably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2012 (30 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 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?

You just read the data. Now see what your home is worth.

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 member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in GROVES AT OLD CUTLER? 3 recorded closings; median 62 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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