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Backup Offers

16200 SW 87th Ave, Palmetto Bay, FL, 33157

$839,000

Home List Price

$9,963*

Closing Credit

3 Bedrooms
2 Full Baths
2,397 SqFt
$350/SqFt
House
Schools Nearby

Location

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16200 SW 87th Ave, Palmetto Bay$839,000

Buyer Closing Credits

$9,963*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage2 spaces
Year Built1969
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden
MLS #A11529554
StatusAccepting Backup Offers
(Active Under Contract)

About 16200 SW 87th Ave

Opportunity Knocks in the Village of Palmetto Bay! A Diamond in the Rough. Well-built home is ready for you to remodel and bring to its full potential! Larger than tax roll, there is an addition to one of the bedrooms that is ideal for an office; a light and bright Florida Room and a huge playroom or game room/office along with a formal dining room and living room. Metal roof. Fenced yard. Two car garage. Lots of upside!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1969
  • Stories: 1
  • Living Area: 2,397 SqFt

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 960-2400
  • Listing Agent: Christine Stiphany

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Entrance Foyer, First Floor Entry, Separate Shower, Stacked Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Fence

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 16200 SW 87th Ave

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Miami Palmetto Senior High School, Public Magnet Grades 9-12
  • Southwood Middle School, Public Magnet Grades 6-8
  • Coral Reef Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $839,000
  • Price Per SqFt: $350/SqFt

Tax Information:

  • Annual Amount: $3,799
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmetto Bay, FL.

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Palmetto Bay, FL

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$441

Avg. Days On Market

76

# of Sold Homes

27

16200 SW 87th Ave vs Palmetto Bay

78 DAYS ON ROCKET

+2 Days

$839,000

-$234.3K Less

$350/SqFt

-$91 Less

KEY TAKEAWAY

This property is $234.3K less than the Median Sold Price and $91/SqFt less than other homes in Palmetto Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11529554

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 960-2400
  • Listing Agent: Christine Stiphany

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 1:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,799$224,620
2018$3,540$215,476
2017$3,523$211,045

History based on county public records data.

Payment Calculator

$4,255

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,582

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2251748
9
/10

  • Coral Reef Elementary School

  • 7955 SW 152nd St

  • 1.03 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2251749
8
/10

  • Southwood Middle School

  • 16301 SW 80th Ave

  • 0.73 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2251750
6
/10

  • Miami Palmetto Senior High School

  • 7460 SW 118th St

  • 3.03 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,780. Typical income of Palmetto Bay, FL residents is between $100k-200k annually. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16200 SW 87th Ave

What is the listing price of this property?

The listing price of 16200 SW 87th Ave property is $839,000.

What type of property is this?

The property 16200 SW 87th Ave is a house located in Palmetto Bay, Florida, 33157.

Is this property for sale now?

Accepting Backup Offers: 16200 SW 87th Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 16200 SW 87th Ave are:
Coral Reef Elementary School: GreatSchools Rating 9/10
Southwood Middle School: GreatSchools Rating 8/10
Miami Palmetto Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,799 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16200 SW 87th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16200 SW 87th Ave is 2,397 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16200 SW 87th Ave is 1969.

Rocket Homes›Florida›Miami-Dade County›Palmetto Bay›33157›16200 SW 87th Ave

This home is located at 16200 SW 87th Ave in Palmetto Bay, FL and zip code 33157 in the Coral Reef Estates neighborhood. This 2,397 square foot home was built in 1969. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 10, 2024 and is currently priced at $839,000.

In March 2024, from all listings sold in Palmetto Bay, FL there were more than 4 sold above asking price, over 22 sold below and more than 1 were sold right at the asked price. Between February 2024 and March 2024, Palmetto Bay, FL real estate market has seen increase in the number of listings by 4.4%. In March 2024 median list price was $1,073,333 and the average listing age was 76 days.

From Rocket Homes Real Estate and based on county public records data.

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