How do I schedule a tour of 9118 SW 161st Terrace, Palmetto Bay, FL 33157?

Use the Tour button on this listing to request a showing of 9118 SW 161st 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 9118 SW 161st Terrace, Palmetto Bay, FL 33157 still available?

9118 SW 161st Terrace, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 6 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 9118 SW 161st Terrace, Palmetto Bay, FL 33157?

With 20% down ($125,800) on the $629,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 9118 SW 161st Terrace, Palmetto Bay, FL 33157 is about $3,306/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 9118 SW 161st Terrace, Palmetto Bay, FL 33157?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 9118 SW 161st 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.

Does 9118 SW 161st Terrace, Palmetto Bay, FL 33157 have an HOA fee?

Yes: 9118 SW 161st Terrace, Palmetto Bay, FL 33157 carries an HOA fee of about $120 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 9118 SW 161st Terrace, Palmetto Bay, FL 33157?

9118 SW 161st Terrace, 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 9118 SW 161st Terrace, Palmetto Bay, FL 33157?

Often, yes. The right offer on 9118 SW 161st 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.

Sold

6 Days on Market

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$600,000

Sold · August 4, 2026

9118 SW 161st Terrace

Palmetto Bay, FL 33157

KARENERO FALLS

Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate

Sale Summary

What this home sold for

Sold price: $600,000
Vs. list price: 4.6% under
Days on market: 6
Price per sq ft: $399

This 3-bedroom single-family home in ZIP 33157 sold for $600,000 on August 4, 2026. That was 4.6% below its final list price of $629,000. It spent 6 days on the market. At $399 per square foot, it closed 7.3% above the $372 median of the 6 other single-family home sales in the recent closings shown below.

Bedrooms

Bathrooms

1,502

Living Sq Ft

2000

Year Built

Listing Snapshot

Sold Price: $600,000
Sold On: August 4, 2026
Days on Site: 6 Days
Bedrooms: 3
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,502 sqft
Total Sq Ft: 2,056 sqft
Lot Size: 0.11 Acres
Year Built: 2000
Property Type: Single Family
MLS #: A12040690
Property Tax: $8,611 (2025)
HOA Fees: $120 / Monthly
Subdivision: KARENERO FALLS
County: Miami Dade
Status: Sold
Special Conditions: Listed As Is

About This Property

Seller is a corporation and has never occupied the home. Seller does not disclose. It is Buyer and Buyers brokers responsibility to verify all information, HOA fees, restrictions and approval process. Title company must be seller choice, Title and Abstract of America. SEE OFFER INSTRUCTIONS Water heater is from 2024 and AC is from 2018

Virtual Tour

General Features

Property Type: Single Family
Status: Sold
Year Built: 2000
Number of Stories: 1
Levels: One
Garage Spaces: 2
Parking: Covered / Driveway
Direction Faces: North
Lot Size (Acres): 0.11
Living Sq Ft: 1,502
Total Sq Ft: 2,056
Sewer: Public Sewer
Water Source: Public
Zoning: 0102

Interior Features

Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Carpet / Ceramic Tile
Interior Features: Bedroom On Main Level / Main Level Primary / Separate Shower

Exterior Features

Construction: Block
Roof: Flat / Tile
Lot Features: Other

Community & HOA

HOA Fee: $120 / Monthly
Community Features: Home Owners Association
Pets Allowed: Yes
Financing Terms: Cash / Conventional
Restrictions: Other Restrictions
MLS Area: 2500

Schools

Elementary School: Dr. Henry E. Perrine Academy Of The Arts
High School: Miami Palmetto

About the Community

Karenero Falls

View Community Details →

Karenero Falls is an age-restricted 55+ community in Palmetto Bay, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $895,000 to $1,100,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Karenero Falls 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: 0

Frequently Asked Questions

How do I schedule a tour of 9118 SW 161st Terrace, Palmetto Bay, FL 33157?: Use the Tour button on this listing to request a showing of 9118 SW 161st 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 9118 SW 161st Terrace, Palmetto Bay, FL 33157 still available?: 9118 SW 161st Terrace, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 6 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 9118 SW 161st Terrace, Palmetto Bay, FL 33157?: With 20% down ($125,800) on the $629,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 9118 SW 161st Terrace, Palmetto Bay, FL 33157 is about $3,306/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 9118 SW 161st Terrace, Palmetto Bay, FL 33157?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 9118 SW 161st 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.
Does 9118 SW 161st Terrace, Palmetto Bay, FL 33157 have an HOA fee?: Yes: 9118 SW 161st Terrace, Palmetto Bay, FL 33157 carries an HOA fee of about $120 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 9118 SW 161st Terrace, Palmetto Bay, FL 33157?: 9118 SW 161st Terrace, 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 9118 SW 161st Terrace, Palmetto Bay, FL 33157?: Often, yes. The right offer on 9118 SW 161st 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 Future Home Realty Inc

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 25, 2026.

$600,000

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Listed by Ryan R Sack, Future Home Realty Inc

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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.