PELICANS COVE

5502 SW 162nd Pl, Miami FL 33185

3 beds · 2.5 baths · 2,467 ft²

Closed

$699,900

6.68%

Est. Payment $3,725/mo

MLS Sheet Video

3

Bedrooms

2.5

Bathrooms

2,467

Sq. Ft.

1998

Year Built

2

Garage

181

Days on Market

Description

Best Value in Pelican Cove – 2,467 Sq Ft | Gated Community | Low HOA | Freshly Painted Freshly painted and competitively priced, this is one of the best values in Pelican Cove, offering an impressive 2,467 square feet of living space, a low HOA, and the security of a gated community in a prime Kendall location. This spacious two-story home features 3 bedrooms, 2.5 baths, generous closet space, and a functional layout with all bedrooms located upstairs. One of the secondary bedrooms enjoys access to a private balcony, creating the perfect retreat. Step outside to a backyard designed for relaxation and entertaining, complete with two gazebos, mature landscaping, and a fruit-bearing star-fruit tree. Enjoy the convenience of being walkable to highly rated schools and just minutes from BJ’s, parks, shopping centers, local cafés, and Kendall’s diverse dining scene. The combination of location, space, and affordability is hard to match. Freshly painted, located in a gated community with low HOA fees, and priced among the lowest price-per-square-foot offerings in the area, this home presents an exceptional opportunity for buyers looking to maximize value this summer. Don't miss your chance to make this Kendall gem yours in July!

Facts

MLS#
A11948730
Subdivision
PELICANS COVE
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1998
Lot Size
4,250 ft²
Sq. Ft.
2,467 ft²
Sq. Mt.
229 m²
Price per sq. ft.
$284/ft²
Price per sq. mt.
$3,056/m²
Stories
Garage
2 spaces
Pool
Days on Market
181 days
Listed
Jan 24, 2026
Last Updated
Aug 27, 2026
Price/Lot Sq.Ft.
$165/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

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

Sellers market

September 2026

100/100
Buyers marketSellers market

21

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).

8/27/2026Sold$699,900
7/10/2026Price change$699,900-6.7%
1/24/2026Listed for sale$750,000

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

Location

5502 SW 162nd Pl, Miami FL 33185Directions

Estimated Monthly Payment

$4,458/mo

Principal & Interest

$3,725

Property Tax

$583

Insurance

$150

HOA

$0

20% ($139,980)
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

Hablo Español

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