CORAL REEF ESTATES

8700 SW 159th St, Palmetto Bay FL 33157

3 beds · 2 baths · 1,902 ft²

Closed

$995,000

20.40%

Est. Payment $5,296/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,902

Sq. Ft.

1965

Year Built

125

Days on Market

Description

Palmetto Bay Paradise! Welcome to a home you’ll never want to leave - especially the backyard. Enjoy a sparkling heated pool, spacious Chickee Hut, exceptional outdoor entertaining areas surrounded by lush, private landscaping. This corner-lot gem offers both comfort and peace of mind with impact doors and windows, a flat tile roof (2011), and fully replaced HVAC ductwork (2023). Additional upgrades include relined pipes with a 50-year warranty, dusk-to-dawn LED exterior lighting, and a stamped concrete driveway. Open-concept layout features wood floors, two new ovens, and a new washer and dryer. A powered storage shed adds extra functionality and convenience. This home is the perfect blend of style, thoughtful upgrades, and outdoor enjoyment—true Palmetto Bay living at its finest.

Facts

MLS#
A11923257
Subdivision
CORAL REEF ESTATES
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1965
Lot Size
15,232 ft²
Sq. Ft.
1,902 ft²
Sq. Mt.
177 m²
Price per sq. ft.
$523/ft²
Price per sq. mt.
$5,621/m²
Stories
Garage
Pool
Days on Market
125 days
Listed
Dec 2, 2025
Last Updated
May 26, 2026
Price/Lot Sq.Ft.
$65/ft²

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

June 2026

100/100
Buyers marketSellers market

64

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).

5/26/2026Sold$995,000
3/30/2026Price change$995,000-20.4%
12/2/2025Listed for sale$1,250,000

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

Location

8700 SW 159th St, 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.

Estimated Monthly Payment

$6,275/mo

Principal & Interest

$5,296

Property Tax

$829

Insurance

$150

HOA

$0

20% ($199,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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