CORAL REEF ESTATES
15200 SW 88th Ave, Palmetto Bay FL 33157
3 beds · 2 baths · 2,536 ft²
$1,149,000
Est. Payment $6,115/mo
3
Bedrooms
2
Bathrooms
2,536
Sq. Ft.
1969
Year Built
2
Garage
96
Days on Market
Description
BACK ON THE MARKET! The home wasn't the problem buyer's financing was! Sometimes real estate gives you a 2nd chance. A Rare opportunity to reimagine and transform this spacious Palmetto Bay residence situated on a rarely available 32,670 SF corner lot just moments from Coral Reef Park and top-rated schools. Offering spacious 2,536 SF of freshly painted living space and beautifully landscaped lot. This home features a desirable split-bedroom floor plan with formal living and dining rooms, a generous family room, side-entry two-car garage, and screened in pool & patio. The expansive grounds provide endless possibilities for renovation, expansion, or creating a custom estate tailored to your vision. Ideally located near Coral Reef Park, residents enjoy easy access to the park's newly completed recreation center, pickleball courts, tennis courts, volleyball facilities, playgrounds, walking paths, and year-round community activities. Surrounded by mature landscaping and established homes, this oversized property offers the space, privacy, and location that are increasingly difficult to find. Whether you're looking to renovate, update, or create your dream home, the potential here is truly exceptional. A rare chance to secure one of Palmetto Bay's most sought-after lot sizes and locations. Truly a MUST-SEE
Facts
- MLS#
- A12036425
- Subdivision
- CORAL REEF ESTATES
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 32,670 ft²
- Sq. Ft.
- 2,536 ft²
- Sq. Mt.
- 236 m²
- Price per sq. ft.
- $453/ft²
- Price per sq. mt.
- $4,869/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 96 days
- Listed
- Jun 12, 2026
- Last Updated
- Oct 12, 2026
- Price/Lot Sq.Ft.
- $35/ft²
Comparable homes
Same ZIP, similar price + bedrooms.

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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
October 2026
33
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).
| 10/12/2026 | Sold | $1,149,000 |
| 6/12/2026 | Listed for sale | $1,149,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$7,223/mo
Principal & Interest
$6,115
Property Tax
$958
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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