CORAL REEF ESTATES

15821 SW 86th Ave, Palmetto Bay FL 33157

3 beds · 2 baths · 1,436 ft²

For Sale · Active Listing

$890,000

Est. Payment $4,737/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,436

Sq. Ft.

1965

Year Built

2

Garage

35

Days on Market

Description

Beautifully maintained 3-bedroom, 2-bath home located on one of the nicest, quiet, tree-lined streets in Palmetto Bay. From the moment you arrive, you feel the peace and privacy this setting offers, surrounded by mature landscaping and a true tropical atmosphere. The home features 1,898 adjusted sq ft (2,579 total) with a comfortable layout that has been well cared for over the years, including a newer roof (2023). The backyard is where this home really stands out. An oversized 518 sq ft terrace is perfect for relaxing or entertaining, overlooking a lush yard with a beautiful koi pond that creates a calm, inviting space. There’s also plenty of room for outdoor living and enjoying Miami’s lifestyle year-round. Additional features include a 2-car garage, grandfathered 2-car carport, and space for an RV or boat. Close to top-rated schools, parks, and everyday conveniences.

Facts

MLS#
A12006805
Subdivision
CORAL REEF ESTATES
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1965
Lot Size
15,008 ft²
Sq. Ft.
1,436 ft²
Sq. Mt.
133 m²
Price per sq. ft.
$620/ft²
Price per sq. mt.
$6,692/m²
Stories
Garage
2 spaces
Pool
Days on Market
35 days
Listed
Apr 28, 2026
Last Updated
May 30, 2026
Price/Lot Sq.Ft.
$59/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).

4/28/2026Listed for sale$890,000

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

Location

15821 SW 86th 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

$5,629/mo

Principal & Interest

$4,737

Property Tax

$742

Insurance

$150

HOA

$0

20% ($178,000)
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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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated within 24 hours

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