How do I schedule a tour of 16101 SW 87th Court, Palmetto Bay, FL 33157?

Use the Tour button on this listing to request a showing of 16101 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 16101 SW 87th Court, Palmetto Bay, FL 33157 still available?

16101 SW 87th Court, Palmetto Bay, FL 33157 is currently listed as Active, and has been on the market 15 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 16101 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 16101 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 16101 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 16101 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 16101 SW 87th Court, Palmetto Bay, FL 33157?

16101 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 16101 SW 87th Court, Palmetto Bay, FL 33157?

Often, yes. The right offer on 16101 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.

Active

15 Days on Market

Loading photos…

All Listings

$980,000

16101 SW 87th Court

Palmetto Bay, FL 33157

CORAL REEF ESTATES 4TH AD

Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $980,000
Price per sq ft: $492
Original price: Unchanged
Days on market: 15

This 4-bedroom single-family home in ZIP 33157 is listed at $980,000, or $492 per square foot. It has been on the market for 15 days.

Bedrooms

Bathrooms

1,992

Living Sq Ft

1968

Year Built

Estimated monthly payment

$5,150 /mo

Principal and interest only, based on $196,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $980,000
Days on Site: 15 Days
Bedrooms: 4
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,992 sqft
Total Sq Ft: 3,144 sqft
Lot Size: 0.36 Acres
Year Built: 1968
Property Type: Single Family
MLS #: A12086588
Property Tax: $3,973 (2025)
Subdivision: CORAL REEF ESTATES 4TH AD
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Bring your vision and finish creating your dream home! This north facing Palmetto Bay home offers 4BR/2BA and tremendous potential on an oversized 15,525 SqFt corner lot with many significant improvements completed and more underway. Major upgrades include a 2024 metal roof, double-strapped to the walls with filtered gutters; impact windows & doors with upgraded extra thick glass(final installation scheduled Oct. 2026); Accordion shutters on the east patio side and south backyard pool area, air handler installed in 2023 and a 5-ton A/C compressor installed in 2024. An impressive 45ft x 16ft vaulted covered patio on the east side with cedar tongue-and-groove ceiling and substantial concrete columns creates an exceptional outdoor living space. On the south private fenced back yard enjoy the daily sun-filled Catalina pool with four built-in planters. Recently painted, Mexican tile floors, lath & plaster walls and ceilings, a large living room, a formal dining room, and a kitchen with all wood cabinetry, exotic granite countertops with full backsplash, a stainless-steel sink with a high-end faucet,all contribute to a rich decor. The enlarged 2-car garage adds to the ample room for a boat, camper or additional vehicles. Mature Royal Poinciana, Live Oaks, Ironwoods, Green Buttonwoods, Spanish Caper, lychee, and mango trees enhance this special property. A true Diamond in the Rough—complete the transformation and make it your own!

Virtual Tour

General Features

Property Type: Single Family
Status: Active
Year Built: 1968
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached / Driveway / Garage
Direction Faces: North
Lot Size (Acres): 0.36
Living Sq Ft: 1,992
Total Sq Ft: 3,144
Sewer: Septic Tank
Water Source: Public
Zoning: 2100

Interior Features

Appliances: Electric Range / Refrigerator
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Carpet / Tile
Interior Features: Bedroom On Main Level / Breakfast Area / Dining Area / Separate Formal Dining Room / Separate Shower / Stacked Bedrooms
Windows: Blinds
Total Rooms: 8

Exterior Features

Construction: Block
Roof: Metal
Exterior Features: Outdoor Living Area
Private Pool: Yes
Pool Features: In Ground
Patio & Porch: Porch
Lot Features: Corner Lot / Quarter To Half Acre Lot
View: Garden / Pool

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 Area

Palmetto Bay

View Palmetto Bay Real Estate →

Browse Palmetto Bay homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Palmetto Bay includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Palmetto Bay listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale: 153
Median List Price: $1,495,000
Median $/Sq Ft: $553
Avg Days on Market: 99

View all 153 homes for sale in Palmetto Bay →

Frequently Asked Questions

How do I schedule a tour of 16101 SW 87th Court, Palmetto Bay, FL 33157?: Use the Tour button on this listing to request a showing of 16101 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 16101 SW 87th Court, Palmetto Bay, FL 33157 still available?: 16101 SW 87th Court, Palmetto Bay, FL 33157 is currently listed as Active, and has been on the market 15 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 16101 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 16101 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 16101 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 16101 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 16101 SW 87th Court, Palmetto Bay, FL 33157?: 16101 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 16101 SW 87th Court, Palmetto Bay, FL 33157?: Often, yes. The right offer on 16101 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 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 September 15, 2026.

$980,000

Interested in This Property?

Own a home near this one? See what it would sell for today

Listed by Christine L Stiphany, BHHS EWM Realty

Map & Location

Get Directions →

Featured Communities

Aquabella Homes for Sale$499,950 Satori Homes for Sale$832,000 Aston Martin Residences Homes for Sale$3,250,000 Kendall Homes for Sale Aventura Marina Homes for Sale$765,000 Star Island Homes for Sale Doral Estates Homes for Sale$3,238,500

See All Featured Communities →

Cities in Miami-Dade County

Miami Homes for Sale$639,000 Miami Beach Homes for Sale$650,000 Homestead Homes for Sale$449,000 Aventura Homes for Sale$460,000 Hialeah Homes for Sale$480,000 Doral Homes for Sale$570,000 North Miami Homes for Sale$368,500 North Miami Beach Homes for Sale$529,200 Coral Gables Homes for Sale$1,950,000 Miami Gardens Homes for Sale$530,000 Cutler Bay Homes for Sale$600,000 Florida City Homes for Sale$399,990 Key Biscayne Homes for Sale$2,485,000 Pinecrest Homes for Sale$5,072,500 Bal Harbour Homes for Sale$2,850,000 Palmetto Bay Homes for Sale$1,495,000 Surfside Homes for Sale$1,150,000 Miami Lakes Homes for Sale$860,000 Miami Shores Homes for Sale$1,462,500 Opa-locka Homes for Sale$480,000 South Miami Homes for Sale$1,150,000 Sweetwater Homes for Sale$380,000 Miami Springs Homes for Sale$990,000 El Portal Homes for Sale$1,194,999 West Miami Homes for Sale$807,000

Property Types

Homes for Sale Luxury Homes New Construction Single-Family Homes Condos Townhouses Villas 55+ Communities

Recently sold homes in ZIP 33157

These are the last 6 recorded closings in ZIP 33157, with the price each home actually sold for rather than what it was listed at. They closed at a median of $471 per square foot. The most recent closed on October 5, 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.