$749,000
16842 SW 86th Avenue
Palmetto Bay, FL 33157
MARAL ESTATES SEC 3
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $749,000
- Price per sq ft
- $356
- Vs. nearby sales
- 26.7% below
- Days on market
- 76
This 4-bedroom single-family home in ZIP 33157 went under contract with an asking price of $749,000, or $356 per square foot. It spent 76 days on the market before going under contract. The 4 most recent single-family home sales in the closings shown below sold at a median of $486 per square foot, so the asking price was 26.7% below what comparable homes here actually sold for.
Estimated monthly payment
$3,936 /mo
Principal and interest only, based on $149,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $749,000
- Days on Site
- 76 Days
- Bedrooms
- 4
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 2,102 sqft
- Total Sq Ft
- 3,077 sqft
- Lot Size
- 0.37 Acres
- Year Built
- 1972
- Property Type
- Single Family
- MLS #
- A12055125
- Property Tax
- $13,726 (2025)
- Subdivision
- MARAL ESTATES SEC 3
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Real Estate Owned / Listed As Is
About This Property
Welcome to this spacious home in the highly sought-after community of Palmetto Bay, offering comfortable living with generous interior spaces and a functional layout. The home features expansive living and dining areas, abundant natural light, and a versatile floor plan designed for everyday living and entertaining. The sizeable lot provides ample outdoor space for relaxation, gardening, or hosting family and friends.Ideally located near top-rated schools, beautiful parks, shopping, dining, and major roadways, this home combines convenience with the charm of one of Miami-Dade's most desirable neighborhoods. Whether you're looking for a primary residence or an investment opportunity, this property offers exceptional value in a prime location. The seller does not accept blind offers or escalation clauses. Photos have been virtually staged. Furniture shown is for illustrative purposes only.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1972
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Parking
- Circular Driveway / Driveway
- Direction Faces
- South
- Lot Size (Acres)
- 0.37
- Living Sq Ft
- 2,102
- Total Sq Ft
- 3,077
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 2100
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Vinyl
- Interior Features
- Bedroom On Main Level / Main Level Primary
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area / Porch
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Porch / Screened
- Lot Features
- Quarter To Half Acre Lot
- View
- Other
Community & HOA
- Association Amenities
- None
- Pets Allowed
- Yes
- Financing Terms
- Cash
- Restrictions
- No Restrictions
- MLS Area
- 2500
Schools
- Elementary School
- Dr. Henry E. Perrine Academy Of The Arts
- High School
- Miami Palmetto
About the Area
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
- 104
- Under Contract
- 39
- Median List Price
- $1,495,000
- Median Sale Price (September)
- $1,217,500
- Median $/Sq Ft
- $560
- Avg Days on Market
- 95
Frequently Asked Questions
- How do I schedule a tour of 16842 SW 86th Avenue, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 16842 SW 86th 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 16842 SW 86th Avenue, Palmetto Bay, FL 33157 still available?
- 16842 SW 86th Avenue, Palmetto Bay, FL 33157 is currently listed as Under Contract, and has been on the market 76 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 16842 SW 86th Avenue, Palmetto Bay, FL 33157?
- With 20% down ($149,800) on the $749,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16842 SW 86th Avenue, Palmetto Bay, FL 33157 is about $3,936/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 16842 SW 86th Avenue, Palmetto Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16842 SW 86th 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 16842 SW 86th Avenue, Palmetto Bay, FL 33157?
- 16842 SW 86th Avenue, Palmetto Bay, FL 33157 is zoned for Dr. Henry E. Perrine Academy Of The Arts (elementary), 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 16842 SW 86th Avenue, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 16842 SW 86th 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 NuFront International 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 23, 2026.
$749,000
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Listed by Raul M Gonzalez, NuFront International Realty
Map & Location
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Recent Sales
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 $463 per square foot. The most recent closed on October 15, 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$883,000
Sold · October 15, 2026
8425 SW 174th Street
4 bed · 3 bath · 1,993 sqft · $443/sqft
$41,999 under the asking price
Sold$1,915,000
Sold · October 14, 2026
8600 SW 162nd Street
6 bed · 3 bath · 3,369 sqft · $568/sqft
$84,000 under the asking price
Sold$720,000
Sold · October 13, 2026
17405 SW 109th Court
3 bed · 2 bath · 1,976 sqft · $364/sqft
$79,000 under the asking price
Sold$875,000
Sold · October 13, 2026
18451 SW 90th Avenue
4 bed · 2 bath · 1,656 sqft · $528/sqft
$4,000 under the asking price
Sold$665,000
Sold · October 13, 2026
9921 SW 195th Street
2 bed · 2 bath
Sold$1,800,000
Sold · October 13, 2026
5996 Paradise Point Drive
3 bed · 4 bath · 3,885 sqft · $463/sqft
$50,000 under the asking price
See every recorded sale in ZIP 33157 or find out what your ZIP 33157 home is worth.
