Home in 8320 SW 161st Street, Palmetto Bay, FL 33157 for sale with MLS# A12031171

Selling under appraised value! Welcome to this stunning, turnkey Palmetto Bay luxury oasis, completely renovated with over $300K in high-end upgrades. Boasting 3,918 adjusted sq ft of flexible space on an expansive 16,800 sq ft lot, this home greets you with an inviting front living room that flows into a grand family room with soaring vaulted ceilings and exposed beams, flooding the space with light. Versatile layout includes 4 bedrooms upstairs, featuring a massive extra room perfect for a game room or office, with a private door to a balcony and a private staircase leading directly to the backyard. With an additional bedroom downstairs and separate private entrances for both levels, this floor plan offers perfect independent living/Multigenerational setups or rental potential. Chef's kitchen awaits with a walk-in pantry, premium KitchenAid appliances, new refrigerator, and a custom coffee/wine station. Escape to the primary sanctuary with a large walk-in closet, private terrace access, and a spa bath with a soaking tub. Ideal for toy owners, exterior boasts a 450 sqft hurricane-resistant boat/RV port, 2-car garage with air pump, and an oversized driveway. Resort backyard is a tropical paradise with a 6-foot deep tiled pool and covered porches and wood deck area. Structural updates include a newer roof, new impact windows, newer A/C, natural gas, a tankless water heater. Near trails, the bay, Coral Reef Park. Seller financing minimum of $500,000 down two year balloon 7%

📅 View days on the market

Days on the market

8320 SW 161st Street, Palmetto Bay, FL 33157

Price
Price:
$1,699,000.00
Original List Price:
$1,790,000.00
List Price per Sq Ft (Calculated, Approx.):
$534.61
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 21, 2026 5:51 pm
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
3
Full Bath:
3
Room Type:
Laundry, Family Room, Game Room
Master Bedroom Bath:
Master Bdrm - Upstairs, Separate Shower, Master Bdrm - Ground
Measures
Living Area:
3,178 Sqft
Built-Up Area:
3,711 Sqft
Lot Features:
Oversized Lot
Lot Size Acres:
0.39
Property Features
Waterfront:
No
Private Pool
Swimming Pool Features:
In Ground
Appliances:
Dryer, Dishwasher, Disposal, Refrigerator, Washer, Gas Range, Gas Water Heater, Ice Maker
Interior:
Walk-In Closet(s), Closet Cabinetry, Wet Bar
Exterior:
Lighting
Patio and Porch:
Patio
Doors:
French Doors
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Central
Fence:
Fenced
Property Entrance Faces:
North
Construction
Year Built:
1961
Roof:
Flat, Tile, Shingle
Levels:
Two
Construction Materials:
Frame, CBS
Flooring:
Vinyl
Number of stories:
2
Flood Zone Code:
AE,X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$5,650.00
Tax Year:
2025
Parking
Garage
Garage Spaces:
2
Carport Spaces:
2
Covered Spaces:
4
Parking Features:
Garage Door Opener, Covered, Detached Carport, Carport
Carport
Utilities
Sewer:
Septic Tank
Electric:
Circuit Breakers
Water Source:
Public, Well
Community
Subdivision Name:
SOUTHWOOD 1ST ADDN
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Conventional, FHA, VA Loan, Other
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
27 55 40 SOUTHWOOD 1ST ADDN PB 68-55 LOT 4 BLK 18 LOT SIZE 120.000 X 140 OR 15729-0369 1192 1 F/A/U 30-5027-004-0140
Real Estate Folio Number (Parcel Number):
3350270040140
Zoning:
2100
Public Schools Assigned
Elementary School:
Robinson Elementary School-hb
High School:
Miami Palmetto
Middle Or Junior School:
Southwood
Listing History
Active on the market since:
June 10, 2026
Listing Agreement executed on:
June 10, 2026
Price change occurred on:
July 21, 2026 5:51 pm
Listing Status Last Changed On:
June 10, 2026 4:00 am
Photos updated on:
August 8, 2026 2:44 pm
Last Modified:
August 8, 2026 2:50 pm
Additional Information
Courtesy of:
Keller Williams Capital Realty
Attribution:
Not provided
Location
Street Name:
161st
Street Number:
8320
City:
Palmetto Bay
State:
Florida
Zip Code:
33157
County:
Miami-Dade
Latitude:
N25° 37' 14.4''
Longitude:
W81° 40' 20.4''
Street Suffix:
Street
Street Direction Prefix:
SW
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $80,364
Median Home Value $478,300
Median Rent $1,493/mo
Median Age 40
Population 69,605

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
Mortgage Calculator

Please note: Monthly HOA / Condo Fees Not Included. The calculator shows the listing price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$
Ver la Propiedad Ver la propiedad 8320 SW 161st Street, Palmetto Bay, FL 33157
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.