Groves at Old Cutler
Homes for Sale in Palmetto Bay, FL

Groves at Old Cutler market snapshot (as of September 20, 2026): the median sale price is about $1.40M ($411 per sq ft over the trailing 12 months of closed sales), and a median 67 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months and up 171% since 2012, computed from record-level MIAMI MLS closed sales (3 closings in the current window).

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 43 homes in GROVES AT OLD CUTLER that have changed hands since 2006, built between 1996 and 2003 (median 1999), with a median living area of about 3,033 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-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.

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.

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.

Listings in this community report association dues of about $116 per month ($1,392 a year) — the median AssociationFee across 6 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.