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Backup Offers

7485 SW 159th Ter, Palmetto Bay, FL, 33157

$1,199,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,132 SqFt
$562/SqFt
House
Schools Nearby

Location

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7485 SW 159th Ter, Palmetto Bay$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway
Year Built1962
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewGarden, Pool
MLS #A11570586
StatusAccepting Backup Offers
(Active Under Contract)

About 7485 SW 159th Ter

Nestled on a quiet street, in central Palmetto Bay, sits this charming home waiting to be discovered. Beautifully updated, one can move right in & start making lasting memories. The open kitchen boasts lovely white quartz countertops, natural light & plenty of storage. Primary suite has a walk-in closet, spa-like bathroom, & private outdoor loggia to enjoy your morning coffee. Three additional bedrooms & two bathrooms, including a junior suite, round out this home. Impact doors & windows throughout give you peace of mind. Enjoy the spacious yard w/covered terrace, built-in bar, pool, storage shed, & landscape lighting. A privacy hedge surrounds backyard, & an extended driveway is primed for your boat or RV to sit privately behind gate. Excellent schools. Welcome to this Very Special Home.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1962
  • Stories: 1
  • Living Area: 2,132 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Carole Smith

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), First Floor Entry, Kitchen Island, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Fence, Security/High Impact Doors, Lighting

Parking Information:

  • Parking: Circular Driveway, Driveway

Virtual/3D Tour

  • Virtual Tour: 7485 SW 159th Ter

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), 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: $1,199,000
  • Price Per SqFt: $562/SqFt

Tax Information:

  • Annual Amount: $7,141
  • 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

7485 SW 159th Ter vs Palmetto Bay

12 DAYS ON ROCKET

-64 Days

$1,199,000

+$125.6K More

$562/SqFt

+$121 More

KEY TAKEAWAY

This property is $125.6K more than the Median Sold Price and $121/SqFt more 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: #A11570586

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Carole Smith

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: 4/29/2024, 2:25:14 AM 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$7,141$410,636
2018$7,061$415,808
2017$7,237$418,394

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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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-2816334
9
/10

  • Coral Reef Elementary School

  • 7955 SW 152nd St

  • 0.70 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2816335
8
/10

  • Southwood Middle School

  • 16301 SW 80th Ave

  • 0.52 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2816336
6
/10

  • Miami Palmetto Senior High School

  • 7460 SW 118th St

  • 2.57 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 $131,395. Residents of Palmetto Bay, FL typically earn between $100k-200k each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7485 SW 159th Ter

What is the listing price of this property?

The listing price of 7485 SW 159th Ter property is $1,199,000.

What type of property is this?

The property 7485 SW 159th Ter is a house located in Palmetto Bay, Florida, 33157.

Is this property for sale now?

Accepting Backup Offers: 7485 SW 159th Ter 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 7485 SW 159th Ter 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 $7,141 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7485 SW 159th Ter has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7485 SW 159th Ter is 2,132 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7485 SW 159th Ter is 1962.

Rocket Homes›Florida›Miami-Dade County›Palmetto Bay›33157›7485 SW 159th Ter

This home is located at 7485 SW 159th Ter in Palmetto Bay, FL and zip code 33157 in the Cutler neighborhood. This 2,132 square foot home was built in 1962. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,199,000.

While more than 4 listings in Palmetto Bay, FL in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 22 were sold below. The number of homes for sale in Palmetto Bay, FL increased by 4.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $1,073,333, while the average time on the real estate market was 76 days.

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

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