$1,149,000
15200 SW 88th Avenue
Palmetto Bay, FL 33157
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $1,149,000
- Price per sq ft
- $453
- Original price
- Unchanged
- Days on market
- 96
This 3-bedroom single-family home in Coral Reef Estates went under contract with an asking price of $1,149,000, or $453 per square foot. It spent 96 days on the market before going under contract.
Estimated monthly payment
$6,038 /mo
Principal and interest only, based on $229,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,149,000
- Days on Site
- 96 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 2,536 sqft
- Total Sq Ft
- 3,543 sqft
- Lot Size
- 0.75 Acres
- Year Built
- 1969
- Property Type
- Single Family
- MLS #
- A12036425
- Property Tax
- $8,115 (2025)
- Subdivision
- CORAL REEF ESTATES
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
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
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1969
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage
- Direction Faces
- East
- Lot Size (Acres)
- 0.75
- Living Sq Ft
- 2,536
- Total Sq Ft
- 3,543
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 2300
Interior Features
- Appliances
- Dryer / Dishwasher / Gas Water Heater / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile
- Interior Features
- Breakfast Area / Bathtub / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Main Level Primary / Split Bedrooms / Soaking Tub / Bar / Walk In Closets
- Laundry
- In Garage
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Spanish Tile
- Exterior Features
- Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Patio / Porch
- View
- Garden
Community & HOA
- Association Amenities
- None
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2500
Schools
- Elementary School
- Coral Reef (Miami-Dade)
- Middle School
- Southwood
- High School
- Miami Palmetto
About the Community
Coral Reef Estates is a community in Palmetto Bay, Miami-Dade County, Florida. Active listings are priced from $940,000 to $1,500,000. Homes were built between 1959 and 1966. Pure Equity lists homes in Coral Reef Estates and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Median List Price
- $1,225,000
- Median $/Sq Ft
- $568
- Avg Days on Market
- 71
Frequently Asked Questions
- How do I schedule a tour of 15200 SW 88th Avenue, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 15200 SW 88th Avenue, Palmetto Bay, FL 33157. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 15200 SW 88th Avenue, Palmetto Bay, FL 33157 still available?
- 15200 SW 88th Avenue, Palmetto Bay, FL 33157 is currently listed as Under Contract, and has been on the market 96 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 15200 SW 88th Avenue, Palmetto Bay, FL 33157?
- With 20% down ($229,800) on the $1,149,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 15200 SW 88th Avenue, Palmetto Bay, FL 33157 is about $6,038/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 15200 SW 88th Avenue, Palmetto Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 15200 SW 88th Avenue, Palmetto Bay, FL 33157. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 15200 SW 88th Avenue, Palmetto Bay, FL 33157?
- 15200 SW 88th Avenue, Palmetto Bay, FL 33157 is zoned for Coral Reef (Miami-Dade) (elementary), Southwood (middle), Miami Palmetto (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 15200 SW 88th Avenue, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 15200 SW 88th Avenue, Palmetto Bay, FL 33157 depends on how it's priced against comparable single family sales in Palmetto Bay, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Coldwell Banker Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,149,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Christine Lynch, Coldwell Banker Realty
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in Coral Reef Estates
These are the last 6 recorded closings in Coral Reef Estates, with the price each home actually sold for rather than what it was listed at. They closed at a median of $580 per square foot. The most recent closed on July 20, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,450,000
Sold · July 20, 2026
15845 SW 87th Avenue
4 bed · 3 bath · 3,000 sqft · $483/sqft
$145,000 under the asking price
Sold$885,000
Sold · July 10, 2026
15821 SW 86th Avenue
3 bed · 2 bath · 1,436 sqft · $616/sqft
$5,000 under the asking price
Sold$980,000
Sold · June 3, 2026
15720 SW 87th Court
3 bed · 2 bath · 1,504 sqft · $652/sqft
Sold$950,000
Sold · May 22, 2026
8700 SW 159th Street
3 bed · 2 bath · 1,902 sqft · $499/sqft
$45,000 under the asking price
Sold$833,000
Sold · May 11, 2026
15501 SW 88th Avenue
3 bed · 2 bath · 1,470 sqft · $567/sqft
$66,900 under the asking price
Sold$820,000
Sold · January 16, 2026
15420 SW 86th Avenue
3 bed · 2 bath · 1,413 sqft · $580/sqft
$29,900 under the asking price
See every recorded sale in Coral Reef Estates or find out what your Coral Reef Estates home is worth.
