$1,125,000
Sold · November 13, 2025
8845 SW 156th Terrace
Palmetto Bay, FL 33157
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $1,125,000
- Vs. list price
- 4.3% under
- Days on market
- 24
- Price per sq ft
- $372
This 4-bedroom single-family home in Coral Reef Estates sold for $1,125,000 on November 13, 2025. That was 4.3% below its final list price of $1,175,000. It spent 24 days on the market. At $372 per square foot, it closed 35.2% below the $574 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,125,000
- Sold On
- November 13, 2025
- Days on Site
- 24 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 3,021 sqft
- Total Sq Ft
- 3,165 sqft
- Lot Size
- 0.35 Acres
- Year Built
- 1960
- Property Type
- Single Family
- MLS #
- A11879285
- Property Tax
- $12,575 (2025)
- Subdivision
- CORAL REEF ESTATES
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Step into a home with a story to tell. This 4/3 pool home isn’t just another listing, it’s a rare find with size, character & unlimited potential. Originally built in 1960 but completely gutted & rebuilt in 2007 (only one wall left standing), it offers modern systems including new electrical, PVC & copper plumbing & impact windows & doors.From the moment you walk in, your eyes are drawn through the sunlit, open living & kitchen area straight to the tropical backyard & pool. A layout designed for connection & flow. With over 3,000 sf of living area & generous light throughout, the canvas is set for something extraordinary.Yes, it needs a little polishing but that’s what makes it so intriguing, a hidden gem priced aggressively below market value. This is where vision meets opportunity.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1960
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Driveway / Garage
- Direction Faces
- South
- Lot Size (Acres)
- 0.35
- Living Sq Ft
- 3,021
- Total Sq Ft
- 3,165
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 2100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Interior Features
- Other
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Private Pool
- Yes
- Pool Features
- In Ground
- Lot Features
- Fruit Trees / Quarter To Half Acre Lot
- View
- Garden
Community & HOA
- Association Amenities
- None
- Utilities
- Cable Available
- Pets Allowed
- Size Limit / Yes
- Financing Terms
- Cash / Conventional / FHA
- Restrictions
- No Restrictions
- MLS Area
- 2500
Schools
- Elementary School
- Coral Reef (Miami-Dade)
- Middle School
- Southwood
- High School
- Miami Palmetto
About the Community
Coral Reef Estates is a community in Palmetto Bay, Miami-Dade County, Florida. Active listings are priced from $940,000 to $1,500,000. Homes were built between 1959 and 1966. Pure Equity lists homes in Coral Reef 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
- 3
- Median List Price
- $1,225,000
- Median $/Sq Ft
- $568
- Avg Days on Market
- 71
Frequently Asked Questions
- How do I schedule a tour of 8845 SW 156th Terrace, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 8845 SW 156th 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 8845 SW 156th Terrace, Palmetto Bay, FL 33157 still available?
- 8845 SW 156th Terrace, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 24 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 8845 SW 156th Terrace, Palmetto Bay, FL 33157?
- With 20% down ($235,000) on the $1,175,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8845 SW 156th Terrace, Palmetto Bay, FL 33157 is about $6,175/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 8845 SW 156th Terrace, Palmetto Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8845 SW 156th 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 8845 SW 156th Terrace, Palmetto Bay, FL 33157?
- 8845 SW 156th 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 8845 SW 156th Terrace, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 8845 SW 156th 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 EXP Realty 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.
$1,125,000
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Listed by Claudia San Roman, EXP Realty LLC
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Recent Sales
Recently sold homes in Coral Reef Estates
These are the last 6 recorded closings in Coral Reef Estates, with the price each home actually sold for rather than what it was listed at. They closed at a median of $580 per square foot. The most recent closed on July 20, 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 · July 20, 2026
15845 SW 87th Avenue
4 bed · 3 bath · 3,000 sqft · $483/sqft
$145,000 under the asking price
Sold$885,000
Sold · July 10, 2026
15821 SW 86th Avenue
3 bed · 2 bath · 1,436 sqft · $616/sqft
$5,000 under the asking price
Sold$980,000
Sold · June 3, 2026
15720 SW 87th Court
3 bed · 2 bath · 1,504 sqft · $652/sqft
Sold$950,000
Sold · May 22, 2026
8700 SW 159th Street
3 bed · 2 bath · 1,902 sqft · $499/sqft
$45,000 under the asking price
Sold$833,000
Sold · May 11, 2026
15501 SW 88th Avenue
3 bed · 2 bath · 1,470 sqft · $567/sqft
$66,900 under the asking price
Sold$820,000
Sold · January 16, 2026
15420 SW 86th Avenue
3 bed · 2 bath · 1,413 sqft · $580/sqft
$29,900 under the asking price
See every recorded sale in Coral Reef Estates or find out what your Coral Reef Estates home is worth.
