Old Cutler Shores in Palmetto Bay

Old Cutler Shores
Homes for Sale in Palmetto Bay, FL

Community in Palmetto Bay · Miami-Dade County · ZIP 33157
Median sale $998K
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data14 years of closingsUpdated twice daily

As of September 2026, Old Cutler Shores in Palmetto Bay, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 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).

Live · Old Cutler Shores Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$998K
Median sold · 12 mo
$355/sf
Sold $/sqft · 12 mo
peak $388 in 2023
84.8%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
60days
Median DOM · closed
12 days at the 2021 low
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
1 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 14 years of records
3,170sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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 12, 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.

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.

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

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.

Median sale price · trailing 12 mo
$500K$750K$1M$1.3M20122014201620182020202220242026
Every sale since 2012 · price vs size
$0$500K$1M$1.5M4k6k
49 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 $154 in 2012 to a $388 peak in 2023; $355 now.
Median days on market · closed sales
25507520122014201620182020202220242026
12 days at the 2021 low; 60 now.
Sale price vs original ask · median
85%90%95%100%20122014201620182020202220242026
84.8% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 4 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.

$3,172/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.

OLD CUTLER SHORES Market Scorecard

Thin data

OLD CUTLER SHORES is currently a thin data market. Limited supply, a median asking price of $2,379,000, and homes go under contract in about 131 days.

n/a
Months supply
$2,379,000
Median list
n/a
Median sold
$568
Per sqft
131
Days on mkt
1/0/0
Active/Pend/Sold

Typical home value in the 33157 ZIP is $630,584, about 57.3% above the Florida norm (Zillow Home Value Index).

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

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. 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 2026-09-12, 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 Old Cutler Shores 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 Old Cutler Shores.

Best Buy
Buyers seeking a larger home or lot in Miami-Dade without a built-in amenity package.
Biggest Risk
A thin sample of closings means the median can shift quickly with the next sale or two.
Sweet Spot
Buyers comfortable evaluating each home on its own condition and layout rather than a community standard.
Avoid If
You are relying on amenities as part of the value equation — none are identified here currently.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers seeking a larger home or lot in Miami-Dade without a built-in amenity package.
Biggest advantagePricing here reflects the property itself rather than shared community costs.
Biggest riskA thin sample of closings means the median can shift quickly with the next sale or two.
Sweet spotBuyers comfortable evaluating each home on its own condition and layout rather than a community standard.
Avoid ifYou are relying on amenities as part of the value equation — none are identified here currently.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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.

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.

See homes for sale in Old Cutler Shores on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Old Cutler Shores?
The median sale price in Old Cutler Shores was $998K over the 12 months ending September 12, 2026 (4 closed sales, MIAMI MLS).
How long do homes in Old Cutler Shores take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 60 days on market (4 sales, MIAMI MLS).
Who is the best real estate agent for Old Cutler Shores?
The best agent for Old Cutler Shores 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 Old Cutler Shores.
How do I find a top Palmetto Bay real estate agent who knows Old Cutler Shores?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Old Cutler Shores and the wider Palmetto Bay area.
Can Momentum Realty connect me with an agent for Old Cutler Shores?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Old Cutler Shores purchase or sale - no call center and no pressure.
Buyers prioritizing home size and lot over shared community featuresExcellent fit
Buyers with flexibility on timeline who can wait through a longer DOM cycleExcellent fit
Buyers or sellers comfortable pricing against a small, closely-analyzed comp setExcellent fit
Buyers who want a clubhouse, pool, or organized recreation as part of the purchaseProbably not
Buyers expecting a fast, high-volume resale marketProbably not
Sellers wanting to rely on a large local comp set to justify pricingProbably not

Nearby Communities

Explore more neighborhoods near Old Cutler Shores with Momentum Realty’s local guides.

CHCutler Heights Estates0.1 mi awayPEPinewood Ests 3Rd Addn0.2 mi awayAEAllison Estates0.2 mi awayMEMardel Estates0.2 mi awayDAD Adesky Properties Sub0.3 mi awayRERichard Estates0.3 mi awayMMalbrook0.3 mi awayWSWendan Sub0.3 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-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?

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

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CallFree valuation →
Thinking of selling in OLD CUTLER SHORES? 4 recorded closings; median 60 days on market (window ending 2026-09-12). 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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