CORAL REEF ESTATES
15845 SW 87th Ave, Palmetto Bay FL 33157
4 beds · 3 baths · 3,294 ft²
$1,595,000
Est. Payment $8,489/mo
4
Bedrooms
3
Bathrooms
3,294
Sq. Ft.
1965
Year Built
2
Garage
7
Days on Market
Description
Discover this beautifully updated Palmetto Bay residence offering four bedrooms and three bathrooms on a private 15,000 SF corner lot. Designed for indoor-outdoor living, the home features a sparkling freeform pool with raised spa, expansive covered terrace with tongue-and-groove ceiling, and lush tropical landscaping with mature oak, mango, avocado, and lychee trees. The spacious floor plan offers soaring ceilings, formal living and dining areas, a family room, custom wet bar, and an updated kitchen with quartz countertops, stainless steel appliances, and gas cooking. The luxurious primary suite includes a sitting area, dual walk-in closets, and a spa-inspired bath with smart shower system and soaking tub. On the other side of the house there is a private guest suite with full bath that opens to the patio and pool area. Additional highlights include impact windows and doors, 2019 roof, natural gas, epoxy lined pipes, video surveillance, boat/RV parking, portable generator, and a 2-car garage with separate mud/laundry room.
Facts
- MLS#
- A12034800
- Subdivision
- CORAL REEF ESTATES
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 15,008 ft²
- Sq. Ft.
- 3,294 ft²
- Sq. Mt.
- 306 m²
- Price per sq. ft.
- $484/ft²
- Price per sq. mt.
- $5,212/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 7 days
- Listed
- Jun 23, 2026
- Last Updated
- Jun 30, 2026
- Price/Lot Sq.Ft.
- $106/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$1,595,000
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Market insights for Palmetto Bay
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
19
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).
| 6/23/2026 | Listed for sale | $1,595,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Philosophical and Spiritual UniversityUG · private · 0.6 mi
Norman S. Edelcup/Sunny Isles Beach K-8PK,KG,1,2,3,4,5,6,7,8 · public · 0.9 mi
SmartKids MiamiPK,KG · private · 0.9 mi
Aventura City Of Excellence SchoolKG,1,2,3,4,5,6,7,8 · charter · 1.4 mi
Biscayne AcademyUG · private · 1.5 mi
Amikids Miami-Dade North6,7,8,9,10,11,12 · public · 1.6 mi
Alonzo And Tracy Mourning Senior High Biscayne Bay Campus9,10,11,12 · public · 1.7 mi
Aventura Learning Center I, IIPK,TK,KG,1,2,3,4,5 · private · 1.8 mi
Aventura Learning CenterPK,KG,1,2,3 · private · 1.8 mi
David Lawrence Jr. K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 1.8 mi
Estimated Monthly Payment
$9,968/mo
Principal & Interest
$8,489
Property Tax
$1,329
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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