28 days on rocket

7955 SW 162nd St, Palmetto Bay, FL, 33157

$1,350,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,207 SqFt
$421/SqFt
House
Schools Nearby

Location

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7955 SW 162nd St, Palmetto Bay$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Driveway, Garage
Attached Garage1 space
Year Built1964
HeatingCentral
CoolingCentral Air
ViewGarden, Pool
MLS #A11554535
StatusActive

About 7955 SW 162nd St

Welcome to luxury living in Palmetto Bay! This fully renovated home boasts oversized living spaces and bedrooms, perfect for modern comfort and entertaining. With a custom European kitchen, high-end finishes, and new PVC and access cover to the septic tank, worry-free living is guaranteed. Enjoy partial impact windows, a new roof, air conditioner units, and electrical system. Plus, ample parking with a large driveway and single-car garage, alongside a wide side yard for a boat or RV. Relax in the newly refinished pool on the oversized lot. Don't miss this Palmetto Bay gem!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1964
  • Stories: 1
  • Living Area: 3,207 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (786) 258-6733
  • Listing Agent: Rebeca Cruz

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Laminate, Other
  • Interior: Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Dual Sinks, First Floor Entry, Kitchen Island, 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:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 7955 SW 162nd St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: $1,350,000
  • Price Per SqFt: $421/SqFt

Tax Information:

  • Annual Amount: $8,764
  • 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

7955 SW 162nd St vs Palmetto Bay

28 DAYS ON ROCKET

-48 Days

$1,350,000

+$276.6K More

$421/SqFt

-$20 Less

KEY TAKEAWAY

This property is $276.6K more than the Median Sold Price and $20/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: #A11554535

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (786) 258-6733
  • Listing Agent: Rebeca Cruz

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, 10:25:15 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$8,764$460,922
2018$8,361$449,351
2017$8,347$440,087

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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-3390346
9
/10

  • Coral Reef Elementary School

  • 7955 SW 152nd St

  • 0.68 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3390347
8
/10

  • Southwood Middle School

  • 16301 SW 80th Ave

  • 0.08 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3390348
6
/10

  • Miami Palmetto Senior High School

  • 7460 SW 118th St

  • 2.77 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 $149,030. The most common annual income of people living in Palmetto Bay, FL is between $100k-200k. The most common type of family 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 7955 SW 162nd St

What is the listing price of this property?

The listing price of 7955 SW 162nd St property is $1,350,000.

What type of property is this?

The property 7955 SW 162nd St is a house located in Palmetto Bay, Florida, 33157.

Is this property for sale now?

Active Listing: 7955 SW 162nd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7955 SW 162nd St 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 $8,764 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7955 SW 162nd St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7955 SW 162nd St is 3,207 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7955 SW 162nd St is 1964.

Rocket Homes›Florida›Miami-Dade County›Palmetto Bay›33157›7955 SW 162nd St

This home is located at 7955 SW 162nd St in Palmetto Bay, FL and zip code 33157 in the Cutler neighborhood. This 3,207 square foot home was built in 1964. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $1,350,000.

In March 2024 more than 4 listings in Palmetto Bay, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 22 were sold below. Between February 2024 and March 2024, Palmetto Bay, FL real estate market has seen increase in the number of listings by 4.4%. Listings spent 76 days on the market in March 2024, and had a median list price of $1,073,333 during the same period.

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

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