$1,995,000
8700 SW 175th Street
Palmetto Bay, FL 33157
PINEWOOD ESTATES FIRST AD
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $1,995,000
- Price per sq ft
- $532
- Vs. nearby sales
- 43% above
- Days on market
- 96
This 5-bedroom single-family home in ZIP 33157 went under contract with an asking price of $1,995,000, or $532 per square foot. The asking price has come down 8.3% from its original $2,175,000. It spent 96 days on the market before going under contract. The 6 most recent single-family home sales in the closings shown below sold at a median of $372 per square foot, so the asking price was 43% above what comparable homes here actually sold for.
Estimated monthly payment
$10,485 /mo
Principal and interest only, based on $399,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,995,000
- Days on Site
- 96 Days
- Bedrooms
- 5
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 3,750 sqft
- Total Sq Ft
- 3,790 sqft
- Lot Size
- 0.36 Acres
- Year Built
- 1972
- Property Type
- Single Family
- MLS #
- A12032563
- Property Tax
- $20,009 (2025)
- Subdivision
- PINEWOOD ESTATES FIRST AD
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Completely renovated 5BR/3.5BA pool home in desirable Palmetto Bay offering nearly 4,000 SF of living space on a 15,625 SF lot. Features include porcelain flooring throughout, spacious bedrooms, remodeled bathrooms, a 500 SF primary suite with spa-style bath, custom chef's kitchen with quartz countertops, new roof, driveway, plumbing, electrical, A/C systems and ductwork, plus full home security. The resort-style pool has been completely redone, creating the perfect backyard retreat. All renovations completed with permits. A rare turnkey opportunity offering luxury, quality, and peace of mind in one of Miami's most desirable neighborhoods.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1972
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.36
- Living Sq Ft
- 3,750
- Total Sq Ft
- 3,790
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 2100
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Gas Range / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central / Electric
- Flooring
- Ceramic Tile
- Interior Features
- Bedroom On Main Level
Exterior Features
- Construction
- Block
- Roof
- Metal
- Exterior Features
- Lighting / Other
- Private Pool
- Yes
- Pool Features
- Concrete
- Lot Features
- Quarter To Half Acre Lot
- View
- Garden
Community & HOA
- Association Amenities
- None
- Security
- Security System / Smoke Detectors
- Utilities
- Cable Available
- Pets Allowed
- Yes
- 55+ Community
- Yes
- 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
- 145
- Median List Price
- $1,495,000
- Median $/Sq Ft
- $554
- Avg Days on Market
- 103
Frequently Asked Questions
- How do I schedule a tour of 8700 SW 175th Street, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 8700 SW 175th Street, 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 8700 SW 175th Street, Palmetto Bay, FL 33157 still available?
- 8700 SW 175th Street, Palmetto Bay, FL 33157 is currently listed as Under Contract, and has been on the market 96 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 8700 SW 175th Street, Palmetto Bay, FL 33157?
- With 20% down ($399,000) on the $1,995,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8700 SW 175th Street, Palmetto Bay, FL 33157 is about $10,485/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 8700 SW 175th Street, Palmetto Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8700 SW 175th Street, 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 8700 SW 175th Street, Palmetto Bay, FL 33157?
- 8700 SW 175th Street, 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 8700 SW 175th Street, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 8700 SW 175th Street, 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 MVG Real Estate Services, 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 June 23, 2026.
$1,995,000
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Listed by Jose A Peyrellade, MVG Real Estate Services, 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 $375 per square foot. The most recent closed on September 29, 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$625,000
Sold · September 29, 2026
10455 SW 200th Street
3 bed · 2 bath · 1,666 sqft · $375/sqft
$12,000 under the asking price
Sold$560,000
Sold · September 29, 2026
9500 Cutler Ridge Drive
3 bed · 2 bath · 1,944 sqft · $288/sqft
$10,000 over the asking price
Sold$667,000
Sold · September 25, 2026
17850 SW 112th Avenue
4 bed · 3 bath · 1,695 sqft · $394/sqft
$12,900 under the asking price
Sold$265,000
Sold · September 25, 2026
10351 SW 183rd Street
2 bed · 1 bath · 720 sqft · $368/sqft
$34,999 under the asking price
Sold$1,880,000
Sold · September 25, 2026
16615 SW 82nd Court
5 bed · 4 bath · 3,276 sqft · $574/sqft
$90,000 under the asking price
Sold$515,000
Sold · September 25, 2026
15244 SW 108th Court
4 bed · 2 bath · 1,956 sqft · $263/sqft
$10,000 over the asking price
See every recorded sale in ZIP 33157 or find out what your ZIP 33157 home is worth.
