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16941 SW 88th Avenue, Palmetto Bay, FL 33157
Sold
93 Days on Market
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$735,000

Sold · December 4, 2025

16941 SW 88th Avenue

Palmetto Bay, FL 33157

MARAL ESTS SEC 2

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

What this home sold for

Sold price
$735,000
Vs. list price
8.1% under
Days on market
93
Price per sq ft
$450

This 3-bedroom single-family home in ZIP 33157 sold for $735,000 on December 4, 2025. That was 8.1% below its final list price of $799,999. It first came on the market at $849,900, so the price was adjusted before it sold. It spent 93 days on the market. At $450 per square foot, it closed 4.5% below the $471 median of the 5 other single-family home sales in the recent closings shown below.

3
Bedrooms
2
Bathrooms
1,633
Living Sq Ft
1970
Year Built

Listing Snapshot

Sold Price
$735,000
Sold On
December 4, 2025
Days on Site
93 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Living Area
1,633 sqft
Lot Size
0.35 Acres
Year Built
1970
Property Type
Single Family
MLS #
A11847649
Property Tax
$6,438 (2024)
Subdivision
MARAL ESTS SEC 2
County
Miami Dade
Status
Sold

About This Property

Welcome home to Palmetto Bay! This charming home is situated on a spacious 15,000+ square foot lot, offering both comfort and style. With over 1,600 square feet of living space, it features an open floor plan that maximizes the flow of natural light through the home. The interior boasts modern farmhouse details, including stylish finishes and a beautifully updated kitchen. The property includes a cozy living area, a dining space that invites gatherings and the expansive backyard provides plenty of room for outdoor activities, landscaping, or potential expansions. The roof and hurricane impact windows were replaced in 2017, giving the new owners peace of mind and sense of security for years to come. The single car garage is very wide and has plenty of room. Buyers agents are welcome!

Virtual Tour

General Features

Property Type
Single Family
Status
Sold
Year Built
1970
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
1
Attached Garage
Yes
Parking
Attached / Driveway / Garage
Direction Faces
West
Lot Size (Acres)
0.35
Living Sq Ft
1,633
Sewer
Septic Tank
Water Source
Public
Zoning
EU-M

Interior Features

Appliances
Dryer / Dishwasher / Gas Range / Gas Water Heater / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Laminate
Interior Features
Bedroom On Main Level / Dining Area / Separate Formal Dining Room / Main Level Primary / Multiple En Suite Bathrooms
Laundry
In Garage
Total Rooms
2

Exterior Features

Construction
Block
Roof
Shingle
Exterior Features
Outdoor Living Area
Patio & Porch
Patio
Lot Features
Quarter To Half Acre Lot
View
Other

Community & HOA

Association Amenities
None
Utilities
Cable Available
Pets Allowed
No Pet Restrictions / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
No Restrictions
MLS Area
2500

Schools

Middle School
Southwood
High School
Miami Palmetto

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 →
How do I schedule a tour of 16941 SW 88th Avenue, Palmetto Bay, FL 33157?
Use the Tour button on this listing to request a showing of 16941 SW 88th 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 16941 SW 88th Avenue, Palmetto Bay, FL 33157 still available?
16941 SW 88th Avenue, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 93 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 16941 SW 88th Avenue, Palmetto Bay, FL 33157?
With 20% down ($160,000) on the $799,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16941 SW 88th Avenue, Palmetto Bay, FL 33157 is about $4,204/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 16941 SW 88th Avenue, Palmetto Bay, FL 33157?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16941 SW 88th 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 16941 SW 88th Avenue, Palmetto Bay, FL 33157?
16941 SW 88th Avenue, Palmetto Bay, FL 33157 is zoned for 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 16941 SW 88th Avenue, Palmetto Bay, FL 33157?
Often, yes. The right offer on 16941 SW 88th 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 Xcellence

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.

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Listed by Christopher Alexander Roig, Xcellence

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