$980,000
Sold · June 3, 2026
15720 SW 87th Court
Palmetto Bay, FL 33157
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $980,000
- Vs. list price
- At list
- Days on market
- 7
- Price per sq ft
- $652
This 3-bedroom single-family home in Coral Reef Estates sold for $980,000 on June 3, 2026. That was exactly its final list price of $980,000. It spent 7 days on the market. At $652 per square foot, it closed 22.3% above the $533 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $980,000
- Sold On
- June 3, 2026
- Days on Site
- 7 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,504 sqft
- Total Sq Ft
- 1,880 sqft
- Lot Size
- 0.34 Acres
- Year Built
- 1959
- Property Type
- Single Family
- MLS #
- A11989278
- Property Tax
- $5,152 (2025)
- Subdivision
- CORAL REEF ESTATES
- County
- Miami Dade
- Status
- Sold
About This Property
Escape to your own private tropical oasis in the heart of Palmetto Bay’s favorite golf cart-friendly neighborhood. This charming 3-bedroom, 2-bathroom home sits on a massive, nearly 15,000 sq ft lot, where the backyard serves as a lush sanctuary complete with a sparkling pool, towering palms, and mature mango and avocado trees. The outdoor space is a true island-style retreat, featuring a covered patio perfect for relaxing by the water in total seclusion. Inside, the home features a split floor plan with a spacious master suite boasting a large walk-in closet and en-suite bath. The kitchen is outfitted with marble countertops and stainless steel appliances, blending classic charm with modern functionality. Beyond the tropical landscape, there is ample room to park a boat or RV, as well as significant space to expand the home on this oversized lot, all while being located just minutes from top-rated schools, parks, and shopping.The home includes impact windows and updated plumbing.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1959
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Circular Driveway / Driveway
- Direction Faces
- East
- Lot Size (Acres)
- 0.34
- Living Sq Ft
- 1,504
- Total Sq Ft
- 1,880
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 2100
Interior Features
- Appliances
- Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile / Vinyl
- Interior Features
- Dual Sinks / Main Level Primary / Split Bedrooms
- Windows
- Plantation Shutters
- Total Rooms
- 1
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Barrel
- Private Pool
- Yes
- Pool Features
- In Ground
- Lot Features
- Fruit Trees / Quarter To Half Acre Lot
Community & HOA
- Association Amenities
- None
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA
- 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 15720 SW 87th Court, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 15720 SW 87th Court, 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 15720 SW 87th Court, Palmetto Bay, FL 33157 still available?
- 15720 SW 87th Court, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 7 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 15720 SW 87th Court, Palmetto Bay, FL 33157?
- With 20% down ($196,000) on the $980,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 15720 SW 87th Court, Palmetto Bay, FL 33157 is about $5,150/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 15720 SW 87th Court, Palmetto Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 15720 SW 87th Court, 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 15720 SW 87th Court, Palmetto Bay, FL 33157?
- 15720 SW 87th Court, 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 15720 SW 87th Court, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 15720 SW 87th Court, 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 Perez-Roura Real Estate LLC
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 July 1, 2026.
$980,000
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Listed by Manuel A Perez-Roura, Perez-Roura Real Estate LLC
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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 $567 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$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
Sold$1,125,000
Sold · November 13, 2025
8845 SW 156th Terrace
4 bed · 3 bath · 3,021 sqft · $372/sqft
$50,000 under the asking price
See every recorded sale in Coral Reef Estates or find out what your Coral Reef Estates home is worth.
