$14,250,000
20551 SW 162nd Avenue
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $14,250,000
- Price per sq ft
- $512
- Original price
- $16,900,000
- Days on market
- 699
This 10-bedroom single-family home in Redland went under contract with an asking price of $14,250,000, or $512 per square foot. The asking price has come down 15.7% from its original $16,900,000. It spent 699 days on the market before going under contract.
Estimated monthly payment
$74,890 /mo
Principal and interest only, based on $2,850,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $14,250,000
- Days on Site
- 699 Days
- Bedrooms
- 10
- Total Baths
- 11
- Full Baths
- 10
- Partial Baths
- 1
- Living Area
- 27,808 sqft
- Total Sq Ft
- 33,067 sqft
- Lot Size
- 18.46 Acres
- Year Built
- 2022
- Property Type
- Single Family
- MLS #
- A11555910
- Property Tax
- $131,784 (2023)
- Subdivision
- Redland
- County
- Miami Dade
- Status
- Under Contract
About This Property
There are estates. Then there is The Palace.Over 18 acres of sovereign Miami-Dade land, walled, gated, entirely your own. At 33,067 square feet, ten bedroom suites, and eleven baths, this compound was built for a life lived on one's own terms.A soaring glass dome atrium sets the tone. The gourmet kitchen, private cinema, bowling alley, spa, sauna, and massage salon ensure every desire is met without leaving the grounds. Outside, an L-shaped pool with waterfalls, jacuzzi, cold plunge, and a private lake with cliff jump anchor a resort-caliber exterior framed by tropical gardens and exotic fruit trees.The infrastructure is absolute: storm-proof generator, full smart home automation, private elevator, secured 8-car garage with EV charging, tennis and basketball court, and full staff quarters.The Palace is not listed for those seeking a home. It is offered to those who understand the difference between acquiring property and claiming a legacy.Private showings available by appointment to pre-qualified principals only. All inquiries held in strict confidence.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 2022
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 8
- Attached Garage
- Yes
- Parking
- Attached / Covered / Electric Vehicle Charging Stations / Garage / Garage Door Opener / Guest
- Direction Faces
- Northeast
- Lot Size (Acres)
- 18.46
- Living Sq Ft
- 27,808
- Total Sq Ft
- 33,067
- Sewer
- Septic Tank
- Water Source
- Public / Other
- Zoning
- 9000
Interior Features
- Appliances
- Electric Range / Gas Range / Oven / Refrigerator / Water Softener / Water Purifier / Washer
- Cooling
- Central Air / Electric / Zoned
- Heating
- Central / Electric
- Flooring
- Marble / Wood
- Spa
- Yes
- Interior Features
- Built In Features / Elevator / High Ceilings / Kitchen Island / Main Level Primary / Sitting Area In Primary / Upper Level Primary / Bar / Walk In Closets
- Windows
- Skylights
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Roof
- Spanish Tile
- Exterior Features
- Built In Barbecue / Barbecue / Lighting / Outdoor Shower / Tennis Courts
- Architectural Style
- Mediterranean
- Private Pool
- Yes
- Pool Features
- In Ground
- Lot Features
- Fruit Trees
- Waterfront Features
- Lake Front / Lagoon / Other / Pond
- View
- Lake / Pool
Community & HOA
- Association Amenities
- None
- Utilities
- Cable Available / Sewer Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / Cryptocurrency / Owner Will Carry
- Restrictions
- No Restrictions
- MLS Area
- 2690
Schools
- Elementary School
- Redland
- Middle School
- Redland
- High School
- South Dade
About the Community
Redland is a luxury community in Miami, Miami-Dade County, Florida. Properties are priced from $1,200,000 to $3,900,000. Pure Equity lists homes in Redland and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 13
- Median List Price
- $2,074,750
- Median $/Sq Ft
- $817
- Avg Days on Market
- 86
Frequently Asked Questions
- How do I schedule a tour of 20551 SW 162nd Avenue, Miami, FL 33187?
- Use the Tour button on this listing to request a showing of 20551 SW 162nd Avenue, Miami, FL 33187. 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 20551 SW 162nd Avenue, Miami, FL 33187 still available?
- 20551 SW 162nd Avenue, Miami, FL 33187 is currently listed as Under Contract, and has been on the market 699 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 20551 SW 162nd Avenue, Miami, FL 33187?
- With 20% down ($2,850,000) on the $14,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 20551 SW 162nd Avenue, Miami, FL 33187 is about $74,890/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 20551 SW 162nd Avenue, Miami, FL 33187?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 20551 SW 162nd Avenue, Miami, FL 33187. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 20551 SW 162nd Avenue, Miami, FL 33187?
- 20551 SW 162nd Avenue, Miami, FL 33187 is zoned for Redland (elementary), Redland (middle), South Dade (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 20551 SW 162nd Avenue, Miami, FL 33187?
- Often, yes. The right offer on 20551 SW 162nd Avenue, Miami, FL 33187 depends on how it's priced against comparable single family sales in Miami, 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 Compass Florida, LLC
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.
$14,250,000
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Listed by Nils Jucaud, Compass Florida, LLC
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Recent Sales
Recently sold homes in Redland
These are the last 6 recorded closings in Redland, with the price each home actually sold for rather than what it was listed at. They closed at a median of $470 per square foot. The most recent closed on August 24, 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$1,150,000
Sold · August 24, 2026
21175 SW 232nd Street
3 bed · 2 bath · 2,447 sqft · $470/sqft
$150,000 under the asking price
Sold$2,030,000
Sold · August 3, 2026
22020 SW 207th Avenue
0 bed · 0 bath
$520,000 under the asking price
Sold$1,140,000
Sold · July 7, 2026
21701 SW 187th Avenue
3 bed · 2 bath · 2,542 sqft · $448/sqft
$59,000 under the asking price
Sold$1,120,000
Sold · July 7, 2026
17481 SW 192nd Street
2 bed · 2 bath
$75,000 under the asking price
Sold$1,200,000
Sold · June 22, 2026
164xx SW 192 Avenue
0 bed · 0 bath
Sold$1,200,000
Sold · June 22, 2026
164xx SW 192 Avenue
0 bed · 0 bath
See every recorded sale in Redland or find out what your Redland home is worth.
