$1,450,000
Sold · July 20, 2026
15845 SW 87th Avenue
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
- $1,450,000
- Vs. list price
- 9.1% under
- Days on market
- 6
- Price per sq ft
- $483
This 4-bedroom single-family home in Coral Reef Estates sold for $1,450,000 on July 20, 2026. That was 9.1% below its final list price of $1,595,000. It spent 6 days on the market. At $483 per square foot, it closed 15.9% below the $574 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,450,000
- Sold On
- July 20, 2026
- Days on Site
- 6 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 3,000 sqft
- Total Sq Ft
- 4,188 sqft
- Lot Size
- 0.34 Acres
- Year Built
- 1965
- Property Type
- Single Family
- MLS #
- A12034800
- Property Tax
- $10,309 (2025)
- Subdivision
- CORAL REEF ESTATES
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Discover this beautifully updated Palmetto Bay residence offering four bedrooms and three bathrooms on a private 15,000 SF corner lot. Designed for indoor-outdoor living, the home features a sparkling freeform pool with raised spa, expansive covered terrace with tongue-and-groove ceiling, and lush tropical landscaping with mature oak, mango, avocado, and lychee trees. The spacious floor plan offers soaring ceilings, formal living and dining areas, a family room, custom wet bar, and an updated kitchen with quartz countertops, stainless steel appliances, and gas cooking. The luxurious primary suite includes a sitting area, dual walk-in closets, and a spa-inspired bath with smart shower system and soaking tub. On the other side of the house there is a private guest suite with full bath that opens to the patio and pool area. Additional highlights include impact windows and doors, 2019 roof, natural gas, epoxy lined pipes, video surveillance, boat/RV parking, portable generator, and a 2-car garage with separate mud/laundry room.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1965
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Driveway / Garage / Garage Door Opener
- Direction Faces
- West
- Lot Size (Acres)
- 0.34
- Living Sq Ft
- 3,000
- Total Sq Ft
- 4,188
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 2100
Interior Features
- Appliances
- Dryer / Dishwasher / Gas Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric / Heat Pump
- Flooring
- Tile / Wood
- Spa
- Yes
- Interior Features
- Wet Bar / Breakfast Bar / Bedroom On Main Level / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / High Ceilings / Multiple En Suite Bathrooms / Split Bedrooms / Soaking Tub / Separate Shower / Tub Shower / Walk In Closets
- Windows
- Blinds / Other
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Lighting
- Private Pool
- Yes
- Pool Features
- Free Form / Heated / In Ground / Other / Pool Equipment
- Lot Features
- Corner Lot / Quarter To Half Acre Lot / Sprinkler System
- View
- Garden / Pool
Community & HOA
- Association Amenities
- Sidewalks
- Utilities
- Underground Utilities
- 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 15845 SW 87th Avenue, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 15845 SW 87th 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 15845 SW 87th Avenue, Palmetto Bay, FL 33157 still available?
- 15845 SW 87th Avenue, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 6 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 15845 SW 87th Avenue, Palmetto Bay, FL 33157?
- With 20% down ($319,000) on the $1,595,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 15845 SW 87th Avenue, Palmetto Bay, FL 33157 is about $8,382/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 15845 SW 87th Avenue, Palmetto Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 15845 SW 87th 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 15845 SW 87th Avenue, Palmetto Bay, FL 33157?
- 15845 SW 87th 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 15845 SW 87th Avenue, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 15845 SW 87th 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 BHHS EWM 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.
$1,450,000
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Listed by Christine L Stiphany, BHHS EWM Realty
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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 $580 per square foot. The most recent closed on July 10, 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$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
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.
