$1,050,000
7940 NW 159th Terrace
Miami Lakes, FL 33016
Explore the area: Miami Lakes homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,050,000
- Price per sq ft
- $494
- Original price
- Unchanged
- Days on market
- 5
This 3-bedroom single-family home in Silvercrest Lake Estates is listed at $1,050,000, or $494 per square foot. It has been on the market for 5 days.
Estimated monthly payment
$5,518 /mo
Principal and interest only, based on $210,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $270/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,050,000
- Days on Site
- 5 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 2,124 sqft
- Total Sq Ft
- 2,773 sqft
- Lot Size
- 0.19 Acres
- Year Built
- 2000
- Property Type
- Single Family
- MLS #
- A12112763
- Property Tax
- $10,413 (2025)
- HOA Fees
- $270 / Monthly
- Subdivision
- SILVERCREST LAKE ESTATES
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Welcome to this beautiful and rarely available single-story residence in the desirable Silvercrest North community of Miami Lakes. Showcasing timeless Mediterranean-inspired architecture, exceptional curb appeal, and inviting indoor-outdoor living. From the moment you arrive, the home welcomes you with a charming terracotta-style tile roof, warm neutral exterior, elegant arched entryway, and lush tropical landscaping. Inside, high ceilings, graceful architectural arches and neutral tile flooring, create a bright open feel that flows beautifully throughout the main living areas. The spacious kitchen is designed for both everyday living and entertaining. Featuring rich cherrywood cabinetry, granite countertops, a center island, recessed lighting, elegant crown molding, and abundant cabinet and counter space. Whether preparing family meals or hosting friends, this inviting space offers both functionality and timeless style.Step outside to enjoy the patio and covered lanai, where tropical landscaping creates a relaxing backdrop for outdoor dining, entertaining, or simply unwinding in the South Florida sunshine.Located in Miami Lakes, a community known for its established residential neighborhoods, parks, shopping, dining, and convenient access to major roadways.Don’t miss this opportunity to own a rarely available one-story Mediterranean-inspired home in Silvercrest North. Schedule your private showing and discover the possibilities of making this special property your own.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2000
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Garage / Garage Door Opener / Paver Block
- Direction Faces
- North
- Lot Size (Acres)
- 0.19
- Living Sq Ft
- 2,124
- Total Sq Ft
- 2,773
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Built In Features / Bedroom On Main Level / Bathtub / Main Level Primary / Pantry / Soaking Tub / Separate Shower / Vaulted Ceilings / Bar
- Windows
- Blinds
- Total Rooms
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Barrel
- Exterior Features
- Outdoor Living Area
- Architectural Style
- Mediterranean
- Patio & Porch
- Patio
- View
- Garden / Other
Community & HOA
- HOA Fee
- $270 / Monthly
- HOA Includes
- Common Areas / Security
- Association Amenities
- Gated
- Community Features
- Home Owners Association
- Security
- Smoke Detectors
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2200
This home's HOA fee works out to $270 a month, in line with the $270 median across 4 homes for sale in Silvercrest Lake Estates. See Silvercrest Lake Estates HOA fees
Schools
- Elementary School
- Bob Graham Education Center
- Middle School
- Miami Lakes
- High School
- Barbara Goleman
About the Community
Silvercrest Lake Estates is an age-restricted 55+ community in Miami Lakes, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $1,300,000 to $1,500,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Silvercrest Lake Estates 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
- 4
- Under Contract
- 1
- Median List Price
- $1,322,500
- Median $/Sq Ft
- $488
- Avg Days on Market
- 101
Frequently Asked Questions
- How do I schedule a tour of 7940 NW 159th Terrace, Miami Lakes, FL 33016?
- Use the Tour button on this listing to request a showing of 7940 NW 159th Terrace, Miami Lakes, FL 33016. 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 7940 NW 159th Terrace, Miami Lakes, FL 33016 still available?
- 7940 NW 159th Terrace, Miami Lakes, FL 33016 is currently listed as Active, and has been on the market 5 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 7940 NW 159th Terrace, Miami Lakes, FL 33016?
- With 20% down ($210,000) on the $1,050,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7940 NW 159th Terrace, Miami Lakes, FL 33016 is about $5,518/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 7940 NW 159th Terrace, Miami Lakes, FL 33016?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7940 NW 159th Terrace, Miami Lakes, FL 33016. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 7940 NW 159th Terrace, Miami Lakes, FL 33016 have an HOA fee?
- Yes: 7940 NW 159th Terrace, Miami Lakes, FL 33016 carries an HOA fee of about $270 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 7940 NW 159th Terrace, Miami Lakes, FL 33016?
- 7940 NW 159th Terrace, Miami Lakes, FL 33016 is zoned for Bob Graham Education Center (elementary), Miami Lakes (middle), Barbara Goleman (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 7940 NW 159th Terrace, Miami Lakes, FL 33016?
- Often, yes. The right offer on 7940 NW 159th Terrace, Miami Lakes, FL 33016 depends on how it's priced against comparable single family sales in Miami Lakes, 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 Brennan 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 November 14, 2026.
$1,050,000
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Listed by Sergio A Ferreira, Brennan Realty
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Recent Sales
Recently sold homes in Silvercrest Lake Estates
These are the last 3 recorded closings in Silvercrest Lake Estates, with the price each home actually sold for rather than what it was listed at. They closed at a median of $417 per square foot. The most recent closed on June 4, 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$1,450,000
Sold · June 4, 2026
7993 NW 161st Terrace
5 bed · 4 bath · 2,889 sqft · $502/sqft
$100,000 under the asking price
Sold$1,100,000
Sold · April 27, 2026
8123 NW 161st Terrace
5 bed · 4 bath · 2,889 sqft · $381/sqft
$49,999 under the asking price
Sold$1,300,000
Sold · January 9, 2026
7970 NW 156th Terrace
6 bed · 5.5 bath · 3,119 sqft · $417/sqft
See every recorded sale in Silvercrest Lake Estates or find out what your Silvercrest Lake Estates home is worth.
