CORAL REEF ESTATES
15845 SW 87th Ave, Palmetto Bay FL 33157
4 beds · 3 baths · 3,000 ft²
4
Bedrooms
3
Bathrooms
3,000
Sq. Ft.
1965
Year Built
2
Garage
29
Days on Market
Description
Discover the charm of Palmetto Bay living in this beautifully updated 4-bedroom, 3-bathroom home in the highly sought after Village of Palmetto Bay. Situated on a spacious corner lot, this residence features a sparkling pool and spa, expansive covered patio, and lush tropical landscaping, creating the perfect setting for outdoor enjoyment. Inside, you'll find soaring ceilings, spacious living areas, an updated kitchen with quartz countertops, stainless steel appliances, and gas cooking, plus a private primary suite with dual walk-in closets and a spa-inspired bath. A separate guest suite with direct patio and pool access offers added flexibility. Complete with a 2-car garage, impact windows and doors, and conveniently located near top-rated schools, parks, shopping, and dining, this home offers the ideal blend of comfort and convenience. ***Available After 09/01/2026***
Facts
- MLS#
- A12058773
- Subdivision
- CORAL REEF ESTATES
- Property Type
- Residential Lease
- Property Sub Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 15,008 ft²
- Sq. Ft.
- 3,000 ft²
- Sq. Mt.
- 279 m²
- Price per sq. ft.
- $3/ft²
- Price per sq. mt.
- $30/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 29 days
- Listed
- Jul 29, 2026
- Last Updated
- Aug 27, 2026
- Price/Lot Sq.Ft.
- $1/ft²
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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
47
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).
| 8/27/2026 | Price change | $8,250-2.9% |
| 7/29/2026 | Listed for sale | $8,500 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Affordability
What you'd typically need to qualify for this rental under the standard 30% rule.
$27,500
gross income / month to qualify
Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.
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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