SOUTHWOOD 3RD ADDN

8340 SW 163rd St, Palmetto Bay FL 33157

3 beds · 2 baths · 1,864 ft²

Closed

$8,500

Est. Payment $45/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,864

Sq. Ft.

1966

Year Built

2

Garage

37

Days on Market

Description

Welcome to your executive retreat in the heart of Palmetto Bay—Miami's premier suburban community, known for its lush tree-lined streets, welcoming island vibe, and strong sense of family. This impeccably maintained, fully furnished home offers modern finishes and top-tier furnishings, making it truly move-in ready. The chef's kitchen features elegant marble countertops, stainless steel appliances, and a gas cooktop, perfect for everyday living and entertaining. A versatile extra room provides the flexibility to serve as a home office or an additional bedroom. Step outside to your private backyard oasis, complete with a sparkling pool, custom tiki hut, and outdoor bar designed for year-round relaxation and unforgettable gatherings. Every detail of this home, from the furnishings to the grounds, has been meticulously cared for. For added convenience, all utilities are included in the rental price. Ideally located in one of Miami's most sought-after neighborhoods, with highly rated elementary and middle schools within walking distance, this exceptional rental offers luxury, comfort, and the relaxed South Florida lifestyle you've been looking for.

Facts

MLS#
A12066289
Subdivision
SOUTHWOOD 3RD ADDN
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
1966
Lot Size
15,104 ft²
Sq. Ft.
1,864 ft²
Sq. Mt.
173 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$49/m²
Stories
—
Garage
2 spaces
Pool
—
Days on Market
37 days
Listed
Aug 5, 2026
Last Updated
Sep 16, 2026
Price/Lot Sq.Ft.
$1/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

35

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).

9/16/2026Sold$8,500
8/5/2026Listed 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

8340 SW 163rd St, Palmetto Bay FL 33157Directions

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$28,333

gross income / month to qualify

Monthly rent$8,500
Required annual income$340,000
Security deposit (est.)$8,500
Move-in cost (1st + last + security)$25,500

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.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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