MARAL ESTATES SEC 3

16900 SW 87th Ave, Palmetto Bay FL 33157

3 beds · 2 baths · 2,143 ft²

Closed

$960,000

Est. Payment $5,110/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

2,143

Sq. Ft.

1972

Year Built

2

Garage

39

Days on Market

Description

Escape to your own private waterfront paradise! This beautifully updated 3-bedroom, 2-bathroom home offers the perfect blend of luxury and tranquility in prestigious Palmetto Bay. Featuring a sparkling pool, direct water access, a metal roof, and impact windows throughout for ultimate protection and peace of mind. The home boasts modern updates throughout, a convenient 2-car garage, and the rare benefit of NO HOA fees - giving you complete freedom to enjoy your waterfront retreat. Located in one of South Florida's most sought-after areas, you'll be enjoying the peaceful, upscale atmosphere that Palmetto Bay is renowned for.

Facts

MLS#
A11952806
Subdivision
MARAL ESTATES SEC 3
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1972
Lot Size
15,250 ft²
Sq. Ft.
2,143 ft²
Sq. Mt.
199 m²
Price per sq. ft.
$448/ft²
Price per sq. mt.
$4,824/m²
Stories
Garage
2 spaces
Pool
Days on Market
39 days
Listed
Jan 26, 2026
Last Updated
Mar 25, 2026
Price/Lot Sq.Ft.
$63/ft²

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

49

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).

3/25/2026Sold$960,000
1/26/2026Listed for sale$960,000

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

Location

16900 SW 87th Ave, 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

$6,060/mo

Principal & Interest

$5,110

Property Tax

$800

Insurance

$150

HOA

$0

20% ($192,000)
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

Hablo Español

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