CORAL REEF ESTATES

15720 SW 87th Ct, Palmetto Bay FL 33157

3 beds · 2 baths · 1,504 ft²

Closed

$980,000

Est. Payment $5,216/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,504

Sq. Ft.

1959

Year Built

7

Days on Market

Description

Escape to your own private tropical oasis in the heart of Palmetto Bay’s favorite golf cart-friendly neighborhood. This charming 3-bedroom, 2-bathroom home sits on a massive, nearly 15,000 sq ft lot, where the backyard serves as a lush sanctuary complete with a sparkling pool, towering palms, and mature mango and avocado trees. The outdoor space is a true island-style retreat, featuring a covered patio perfect for relaxing by the water in total seclusion. Inside, the home features a split floor plan with a spacious master suite boasting a large walk-in closet and en-suite bath. The kitchen is outfitted with marble countertops and stainless steel appliances, blending classic charm with modern functionality. Beyond the tropical landscape, there is ample room to park a boat or RV, as well as significant space to expand the home on this oversized lot, all while being located just minutes from top-rated schools, parks, and shopping.The home includes impact windows and updated plumbing.

Facts

MLS#
A11989278
Subdivision
CORAL REEF ESTATES
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1959
Lot Size
14,896 ft²
Sq. Ft.
1,504 ft²
Sq. Mt.
140 m²
Price per sq. ft.
$652/ft²
Price per sq. mt.
$7,000/m²
Stories
Garage
Pool
Days on Market
7 days
Listed
Mar 25, 2026
Last Updated
Jun 5, 2026
Price/Lot Sq.Ft.
$66/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

July 2026

100/100
Buyers marketSellers market

34

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).

6/5/2026Sold$980,000
3/25/2026Listed for sale$980,000

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

Location

15720 SW 87th Ct, 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

$6,183/mo

Principal & Interest

$5,216

Property Tax

$817

Insurance

$150

HOA

$0

20% ($196,000)
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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