SOUTHWOOD 1ST ADDN

8320 SW 161st St, Palmetto Bay FL 33157

4 beds · 3 baths · 3,178 ft²

For Sale · Active Listing

$1,850,000

11.90%

Est. Payment $9,846/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

3,178

Sq. Ft.

1961

Year Built

2

Garage

21

Days on Market

Description

The Turn Key Palmetto Bay home features a total adjusted square footage of 3,918 sq ft, including generous covered porches and overhangs. Inside, you’ll find 4 bedrooms and 3 bathrooms, along with multiple living spaces designed for flexibility and entertaining. The upstairs includes three bedrooms, two large family rooms, while the downstairs there is a living room, recreation room and a sizable bedroom. Great for an extended family. A standout feature is the 450 sq ft boat port/carport, great for accommodating large boats with T-tops or an RV. Recent updates include the roof, kitchen, bathrooms, A/C units, natural gas system and tankless water heater. The exterior features a fully tiled pool, lush landscaping and ample parking.

Facts

MLS#
A12003695
Subdivision
SOUTHWOOD 1ST ADDN
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1961
Lot Size
16,800 ft²
Sq. Ft.
3,178 ft²
Sq. Mt.
295 m²
Price per sq. ft.
$582/ft²
Price per sq. mt.
$6,271/m²
Stories
Garage
2 spaces
Pool
Days on Market
21 days
Listed
Apr 18, 2026
Last Updated
May 9, 2026
Price/Lot Sq.Ft.
$110/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

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).

5/3/2026Price change$1,850,000-11.9%
4/18/2026Listed for sale$2,100,000

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

Location

8320 SW 161st 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

$11,538/mo

Principal & Interest

$9,846

Property Tax

$1,542

Insurance

$150

HOA

$0

20% ($370,000)
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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Updated within 24 hours

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