$1,929,000
8445 SW 163rd Terrace
Palmetto Bay, FL 33157
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,929,000
- Price per sq ft
- $486
- Vs. nearby sales
- 21.8% above
- Days on market
- 41
This 6-bedroom single-family home in ZIP 33157 is listed at $1,929,000, or $486 per square foot. The asking price has come down 2.5% from its original $1,979,000. It has been on the market for 41 days. The 5 most recent single-family home sales in the closings shown below sold at a median of $399 per square foot, so the asking price is 21.8% above what comparable homes here actually sold for.
Estimated monthly payment
$10,138 /mo
Principal and interest only, based on $385,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,929,000
- Days on Site
- 41 Days
- Bedrooms
- 6
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 3,971 sqft
- Total Sq Ft
- 4,676 sqft
- Lot Size
- 0.35 Acres
- Year Built
- 1998
- Property Type
- Single Family
- MLS #
- A12076867
- Property Tax
- $10,744 (2025)
- Subdivision
- MIRELDA ESTATES
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Rarely available 6-bedroom, 4.5-bath triple-split Palmetto Bay retreat! With nearly 4,000 square feet of living space, this impressive two-story, 1998-built residence offers spacious flexibility and fabulous outdoor living! Two bedrooms downstairs provide the perfect setup for guests, in-laws, or a home office, while upstairs you'll find four additional bedrooms, including the spacious primary suite with a private balcony overlooking the lush tropical grounds. At the heart of the home is a gourmet kitchen featuring granite countertops, all Viking appliances, and a comfortable eat-in area. Outside, the oversized corner lot truly shines with meticulously maintained tropical landscaping, beautiful orchids, and a dedicated climbing/swing-set area. An expansive paver deck surrounds the inviting pool, creating plenty of space for entertaining, dining, or simply relaxing. Additional features include PVC plumbing, a 2025 roof, a natural gas stove/dryer/water heater, and teak hardwood flooring throughout. Play or relax in the backyard or hop on bordering paths, steps away from Coral Reef Park, Deering Estate, & top-rated public/private schools. Privacy, space, and an exceptional property, all in a premier setting. Who is ready to call this peaceful, sought-after neighborhood and house HOME?
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1998
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage
- Direction Faces
- South
- Lot Size (Acres)
- 0.35
- Living Sq Ft
- 3,971
- Total Sq Ft
- 4,676
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 2100
Interior Features
- Appliances
- Dryer / Dishwasher / Gas Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Wood
- Interior Features
- Main Level Primary
- Total Rooms
- 2
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Flat / Tile
- Private Pool
- Yes
- Pool Features
- In Ground
- Lot Features
- Quarter To Half Acre Lot
- View
- Pool
Community & HOA
- Association Amenities
- None
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2500
Schools
- Elementary School
- Coral Reef (Miami-Dade)
- Middle School
- Southwood
- High School
- Miami Palmetto
About the Community
- Homes for Sale
- 1
- Under Contract
- 0
- Median List Price
- $1,929,000
- Median $/Sq Ft
- $486
- Avg Days on Market
- 41
Frequently Asked Questions
- How do I schedule a tour of 8445 SW 163rd Terrace, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 8445 SW 163rd Terrace, 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 8445 SW 163rd Terrace, Palmetto Bay, FL 33157 still available?
- 8445 SW 163rd Terrace, Palmetto Bay, FL 33157 is currently listed as Active, and has been on the market 41 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 8445 SW 163rd Terrace, Palmetto Bay, FL 33157?
- With 20% down ($385,800) on the $1,929,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8445 SW 163rd Terrace, Palmetto Bay, FL 33157 is about $10,138/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 8445 SW 163rd Terrace, Palmetto Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8445 SW 163rd Terrace, 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 8445 SW 163rd Terrace, Palmetto Bay, FL 33157?
- 8445 SW 163rd Terrace, Palmetto Bay, FL 33157 is zoned for Coral Reef (Miami-Dade) (elementary), 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 8445 SW 163rd Terrace, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 8445 SW 163rd Terrace, 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 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 August 30, 2026.
$1,929,000
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Listed by Adam Levy, Compass Florida, LLC
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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 $399 per square foot. The most recent closed on October 9, 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$50,000
Sold · October 9, 2026
18677 SW 103rd Court
0 bed · 0 bath
$30,000 under the asking price
Sold$630,000
Sold · October 7, 2026
8740 SW 191st Street
3 bed · 2 bath · 1,580 sqft · $399/sqft
$20,000 under the asking price
Sold$652,000
Sold · October 6, 2026
16430 SW 107th Court
3 bed · 3 bath · 2,170 sqft · $300/sqft
$7,000 under the asking price
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
See every recorded sale in ZIP 33157 or find out what your ZIP 33157 home is worth.
