How do I schedule a tour of 16723 SW 78th Place, Palmetto Bay, FL 33157?

Use the Tour button on this listing to request a showing of 16723 SW 78th Place, 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 16723 SW 78th Place, Palmetto Bay, FL 33157 still available?

16723 SW 78th Place, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 204 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 16723 SW 78th Place, Palmetto Bay, FL 33157?

With 20% down ($339,800) on the $1,699,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16723 SW 78th Place, Palmetto Bay, FL 33157 is about $8,929/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 16723 SW 78th Place, Palmetto Bay, FL 33157?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16723 SW 78th Place, 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 16723 SW 78th Place, Palmetto Bay, FL 33157?

16723 SW 78th Place, 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 16723 SW 78th Place, Palmetto Bay, FL 33157?

Often, yes. The right offer on 16723 SW 78th Place, 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.

Sold

204 Days on Market

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$1,600,000

Sold · June 18, 2026

16723 SW 78th Place

Palmetto Bay, FL 33157

MANGO PARK ESTATES

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

Sale Summary

What this home sold for

Sold price: $1,600,000
Vs. list price: 5.8% under
Days on market: 204
Price per sq ft: $453

This 5-bedroom single-family home in ZIP 33157 sold for $1,600,000 on June 18, 2026. That was 5.8% below its final list price of $1,699,000. It first came on the market at $1,825,000, so the price was adjusted before it sold. It spent 204 days on the market. At $453 per square foot, it closed 20.8% above the $375 median of the 5 other single-family home sales in the recent closings shown below.

Bedrooms

Bathrooms

3,535

Living Sq Ft

1992

Year Built

Listing Snapshot

Sold Price: $1,600,000
Sold On: June 18, 2026
Days on Site: 204 Days
Bedrooms: 5
Total Baths: 4
Full Baths: 4
Partial Baths: 0
Living Area: 3,535 sqft
Total Sq Ft: 4,666 sqft
Lot Size: 0.35 Acres
Year Built: 1992
Property Type: Single Family
MLS #: A11895843
Property Tax: $10,093 (2024)
Subdivision: MANGO PARK ESTATES
County: Miami Dade
Status: Sold
Special Conditions: Listed As Is

About This Property

Spacious 5 bd/ 4 bath home on a wonderful tree-lined street in Palmetto Bay. Fabulous formal living & dining rms w/ volume ceilings. Impact windows. True chef’s kitchen w/ gas stove, double wall ovens, wine coolers, ice maker & oversized eat-in island, opens to family rm w/ fireplace. Marble & wood floors. Nicely sized guest bdrms, 1 bdrm & full bath separate, perfect for an office. Grand primary suite w/ walk-in closets, bath w/ dual sinks, vanity, jetted tub, water closet. Fenced yard w/ deep covered terrace, remodeled, heated saltwater pool & spa plus covered summer kitchen area. Beautifully manicured landscaping. New central vacuum, security system. Newer AC units, ductwork & insulation. Circular driveway & 2 car side entry garage. A quick golf cart ride to Starbucks, Deering Estate.

Virtual Tour

General Features

Property Type: Single Family
Status: Sold
Year Built: 1992
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached / Circular Driveway / Driveway / Garage
Direction Faces: West
Lot Size (Acres): 0.35
Living Sq Ft: 3,535
Total Sq Ft: 4,666
Sewer: Public Sewer
Water Source: Public
Zoning: 2100

Interior Features

Appliances: Dryer / Dishwasher / Gas Range / Microwave / Oven / Refrigerator / Washer
Cooling: Electric
Heating: Central / Electric
Flooring: Marble / Wood
Fireplace: Yes
Spa: Yes
Interior Features: Breakfast Bar / Bidet / Built In Features / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / High Ceilings / Jetted Tub / Kitchen Island / Main Level Primary / Split Bedrooms / Soaking Tub / Separate Shower / Walk In Closets
Windows: Blinds
Furnished: Unfurnished

Exterior Features

Construction: Block
Roof: Flat / Tile
Exterior Features: Outdoor Living Area
Private Pool: Yes
Pool Features: In Ground
Patio & Porch: Patio
Lot Features: Quarter To Half Acre Lot / Sprinkler System
View: Pool

Community & HOA

Association Amenities: None
Utilities: Cable Available
Pets Allowed: No Pet Restrictions / 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: 149
Median List Price: $1,485,000
Median $/Sq Ft: $553
Avg Days on Market: 101

View all 149 homes for sale in Palmetto Bay →

Frequently Asked Questions

How do I schedule a tour of 16723 SW 78th Place, Palmetto Bay, FL 33157?: Use the Tour button on this listing to request a showing of 16723 SW 78th Place, 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 16723 SW 78th Place, Palmetto Bay, FL 33157 still available?: 16723 SW 78th Place, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 204 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 16723 SW 78th Place, Palmetto Bay, FL 33157?: With 20% down ($339,800) on the $1,699,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16723 SW 78th Place, Palmetto Bay, FL 33157 is about $8,929/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 16723 SW 78th Place, Palmetto Bay, FL 33157?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16723 SW 78th Place, 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 16723 SW 78th Place, Palmetto Bay, FL 33157?: 16723 SW 78th Place, 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 16723 SW 78th Place, Palmetto Bay, FL 33157?: Often, yes. The right offer on 16723 SW 78th Place, 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 July 1, 2026.

$1,600,000

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Listed by Drew Kern, BHHS EWM Realty

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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 $402 per square foot. The most recent closed on October 1, 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.