CORAL REEF ESTATES

15845 SW 87th Ave, Palmetto Bay FL 33157

4 beds · 3 baths · 3,294 ft²

Active Under Contract

$1,595,000

Est. Payment $8,489/mo

MLS Sheet Video

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.

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

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).

6/23/2026Listed 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

15845 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

$9,968/mo

Principal & Interest

$8,489

Property Tax

$1,329

Insurance

$150

HOA

$0

20% ($319,000)
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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