CORAL REEF ESTATES

15200 SW 88th Ave, Palmetto Bay FL 33157

3 beds · 2 baths · 2,536 ft²

Closed

$1,149,000

Est. Payment $6,115/mo

MLS Sheet Video

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.

Market insights for Palmetto Bay

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

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).

10/12/2026Sold$1,149,000
6/12/2026Listed 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

15200 SW 88th Ave, Palmetto Bay FL 33157Directions

Estimated Monthly Payment

$7,223/mo

Principal & Interest

$6,115

Property Tax

$958

Insurance

$150

HOA

$0

20% ($229,800)
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

Hablo Español

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