$890,000
Sold · March 24, 2026
16900 SW 87th Avenue
Palmetto Bay, FL 33157
MARAL ESTATES SEC 3
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $890,000
- Vs. list price
- 7.3% under
- Days on market
- 39
- Price per sq ft
- $415
This 3-bedroom single-family home in ZIP 33157 sold for $890,000 on March 24, 2026. That was 7.3% below its final list price of $960,000. It spent 39 days on the market. At $415 per square foot, it closed 11.9% below the $471 median of the 5 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $890,000
- Sold On
- March 24, 2026
- Days on Site
- 39 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 2,143 sqft
- Total Sq Ft
- 2,143 sqft
- Lot Size
- 0.35 Acres
- Year Built
- 1972
- Property Type
- Single Family
- MLS #
- A11952806
- Property Tax
- $7,106 (2025)
- Subdivision
- MARAL ESTATES SEC 3
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Escape to your own private waterfront paradise! This beautifully updated 3-bedroom, 2-bathroom home offers the perfect blend of luxury and tranquility in prestigious Palmetto Bay. Featuring a sparkling pool, direct water access, a metal roof, and impact windows throughout for ultimate protection and peace of mind. The home boasts modern updates throughout, a convenient 2-car garage, and the rare benefit of NO HOA fees - giving you complete freedom to enjoy your waterfront retreat. Located in one of South Florida's most sought-after areas, you'll be enjoying the peaceful, upscale atmosphere that Palmetto Bay is renowned for.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1972
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Garage
- Direction Faces
- East
- Lot Size (Acres)
- 0.35
- Living Sq Ft
- 2,143
- Total Sq Ft
- 2,143
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 2100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Laminate / Tile
- Interior Features
- Main Level Primary
- Laundry
- In Garage
Exterior Features
- Construction
- Block
- Roof
- Metal
- Exterior Features
- Built In Barbecue / Barbecue / Outdoor Living Area / Porch
- Private Pool
- Yes
- Pool Features
- In Ground / Screen Enclosure
- Patio & Porch
- Porch / Screened
- Lot Features
- Quarter To Half Acre Lot
- Waterfront
- Yes
- Waterfront Features
- Canal Front / Other
- Frontage
- Waterfront
- Frontage Length
- 100.00 ft
- View
- Canal / Pool
Community & HOA
- Association Amenities
- None
- Financing Terms
- Cash / Conventional
- 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
- 153
- Median List Price
- $1,495,000
- Median $/Sq Ft
- $553
- Avg Days on Market
- 99
Frequently Asked Questions
- How do I schedule a tour of 16900 SW 87th Avenue, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 16900 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 16900 SW 87th Avenue, Palmetto Bay, FL 33157 still available?
- 16900 SW 87th Avenue, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 39 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 16900 SW 87th Avenue, Palmetto Bay, FL 33157?
- With 20% down ($192,000) on the $960,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16900 SW 87th Avenue, Palmetto Bay, FL 33157 is about $5,045/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 16900 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 16900 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 16900 SW 87th Avenue, Palmetto Bay, FL 33157?
- 16900 SW 87th 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 16900 SW 87th Avenue, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 16900 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 RE/MAX Advance Realty II
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 August 30, 2026.
$890,000
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Listed by Giovanni Campos, RE/MAX Advance Realty II
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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 $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.
Sold$940,000
Sold · October 5, 2026
8445 SW 181st Terrace
4 bed · 3 bath · 2,190 sqft · $429/sqft
$5,000 under the asking price
Sold$810,000
Sold · October 5, 2026
17721 SW 93rd Avenue
3 bed · 2 bath · 1,651 sqft · $491/sqft
$15,000 under the asking price
Sold$1,620,000
Sold · October 4, 2026
7439 SW 168th Terrace
5 bed · 4.5 bath · 4,527 sqft · $358/sqft
$30,000 under the asking price
Sold$195,000
Sold · October 2, 2026
11040 SW 196th Street 203
2 bed · 2 bath · 809 sqft · $241/sqft
$3,000 under the asking price
Sold$580,000
Sold · October 2, 2026
19721 SW 114th Place
3 bed · 2 bath · 1,103 sqft · $526/sqft
$9,500 under the asking price
Sold$599,900
Sold · October 2, 2026
11370 SW 186th Street
3 bed · 2 bath · 1,274 sqft · $471/sqft
See every recorded sale in ZIP 33157 or find out what your ZIP 33157 home is worth.
