Home in 16101 SW 87th Court, Palmetto Bay, FL 33157 for sale with MLS# A12086588

Bring your vision and finish creating your dream home! This north facing Palmetto Bay home offers 4BR/2BA and tremendous potential on an oversized 15,525 SqFt corner lot with many significant improvements completed and more underway. Major upgrades include a 2024 metal roof, double-strapped to the walls with filtered gutters; impact windows & doors with upgraded extra thick glass(final installation scheduled Oct. 2026); Accordion shutters on the east patio side and south backyard pool area, air handler installed in 2023 and a 5-ton A/C compressor installed in 2024. An impressive 45ft x 16ft vaulted covered patio on the east side with cedar tongue-and-groove ceiling and substantial concrete columns creates an exceptional outdoor living space. On the south private fenced back yard enjoy the daily sun-filled Catalina pool with four built-in planters. Recently painted, Mexican tile floors, lath & plaster walls and ceilings, a large living room, a formal dining room, and a kitchen with all wood cabinetry, exotic granite countertops with full backsplash, a stainless-steel sink with a high-end faucet,all contribute to a rich decor. The enlarged 2-car garage adds to the ample room for a boat, camper or additional vehicles. Mature Royal Poinciana, Live Oaks, Ironwoods, Green Buttonwoods, Spanish Caper, lychee, and mango trees enhance this special property. A true Diamond in the Rough-complete the transformation and make it your own!

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16101 SW 87th Court, Palmetto Bay, FL 33157

Price
Price:
$980,000.00
Original List Price:
$980,000.00
List Price per Sq Ft (Calculated, Approx.):
$491.96
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
October 20, 2026 6:18 pm
Other Special Conditions:
Sold As-is, Flood Zone
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
2
Full Bath:
2
Room Type:
Dining Room, Family Room, Den, Bedroom 2, Bedroom 3, Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Separate Shower, Bedroom On Entry Level
Dining Area:
Formal Dining, Breakfast Area
Measures
Living Area:
1,992 Sqft
Built-Up Area:
3,144 Sqft
Lot Area:
15,525 Sqft
Lot Features:
Corner Lot
Lot Size Acres:
0.36
Property Features
View from the Property:
Pool, Garden
Waterfront:
No
Private Pool
Swimming Pool Features:
In Ground
Appliances:
Refrigerator, Electric Range
Interior:
Bedroom Layout - Stacked
Patio and Porch:
Porch, Porch - Open
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Fence:
Fenced
Property Entrance Faces:
North
Storm Protection Impact Glass:
Partial
Storm Protection Accordian Shutters:
Partial
Construction
Year Built:
1968
Roof:
Metal
Levels:
One
Entry Level (floor):
1
Construction Materials:
CBS
Flooring:
Carpet, Tile
Number of stories:
1
Road Frontage Type:
East of US-1
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$3,973.00
Tax Year:
2025
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Parking Features:
Driveway, Garage, Attached, Attached Garage
Utilities
Sewer:
Septic Tank
Water Source:
Public
Community
Subdivision Name:
CORAL REEF ESTATES 4TH AD
Senior Community:
Yes
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Other
Zoning and Legal
Tax Legal Description:
CORAL REEF ESTATES 4TH ADDN PB 84-85 LOT 4 BLK 22 OR 15842-2664 0393 1 F/A/U 30-5028-020-0120
Real Estate Folio Number (Parcel Number):
3350280200120
Zoning:
2100
Public Schools Assigned
Elementary School:
Eagle Point
High School:
Miami Palmetto
Middle Or Junior School:
Southwood
Listing History
Active on the market since:
September 14, 2026
Listing Agreement executed on:
September 14, 2026
Purchase Contract Date:
October 14, 2026
Listing Status Last Changed On:
October 20, 2026 6:18 pm
Photos updated on:
September 18, 2026 4:33 am
Last Modified:
October 30, 2026 8:57 pm
Additional Information
Courtesy of:
BHHS EWM Realty
Attribution:
Not provided
Location
Street Name:
87th
Street Number:
16101
City:
Palmetto Bay
State:
Florida
Zip Code:
33157
County:
Miami-Dade
Latitude:
N25° 37' 14''
Longitude:
W81° 39' 58.3''
Street Suffix:
Court
Street Direction Prefix:
SW
Property Map

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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
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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.