CORAL REEF ESTATES

8845 SW 156th Ter, Palmetto Bay FL 33157

4 beds · 3 baths · 3,021 ft²

Closed

$6,000

Est. Payment $32/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

3,021

Sq. Ft.

1960

Year Built

2

Garage

8

Days on Market

Description

Step into a home with a story to tell. This 4-bedroom, 3-bath pool residence is far more than just another listing—it’s a rare opportunity offering size, character, and endless potential. The home was completely gutted and rebuilt in 2007, including updated Roof, electrical systems, PVC plumbing, and impact windows and doors, providing peace of mind. From the moment you enter, you’re welcomed by sun-filled, open living and kitchen spaces that flow seamlessly toward the tropical backyard and inviting pool. The layout is designed for connection, entertaining, and comfortable everyday living, with abundant natural light enhancing the home throughout. With over 3,000 sq. ft of living area, the home offers generous proportions and a versatile canvas ready for personalization. This hidden gem is ready to be brought to life with a family to enjoy. contact Ana for showings 305.496.6469

Facts

MLS#
A11917959
Subdivision
CORAL REEF ESTATES
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
1960
Lot Size
15,194 ft²
Sq. Ft.
3,021 ft²
Sq. Mt.
281 m²
Price per sq. ft.
$2/ft²
Price per sq. mt.
$21/m²
Stories
Garage
2 spaces
Pool
Days on Market
8 days
Listed
Dec 9, 2025
Last Updated
Dec 17, 2025
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palmetto Bay

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

12/17/2025Sold$6,000
12/9/2025Listed for sale$6,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

8845 SW 156th Ter, Palmetto Bay FL 33157Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$20,000

gross income / month to qualify

Monthly rent$6,000
Required annual income$240,000
Security deposit (est.)$6,000
Move-in cost (1st + last + security)$18,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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