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Sold for $1,050,000
  • $1,050,000

    8555 SW 162nd St, Palmetto Bay, FL 33157

    4beds
    1,968sqft
    Single Family Residence
    Built in 1969
    0.52 Acres Lot
    $1,435,500 Zestimate®
    $534/sqft
    $6,264 Estimated rent

    Home value

    $1,435,500

    $1.31M - $1.59M

    $6,264/mo

    Zestimate® history
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    What's special

    Location and MOTIVATED SELLERS., the combincation you want to hear!!! This property is a hidden gem in Palmetto Bay & should not be overlooked! It is situated on a very quiet and peaceful street and on an over-sized lot (a true 1/2 acre of land). It also has more square footage than the tax roll (2,379 square feet to be exact!). With 4 bedrooms and 2 baths, this lovely residence is ready for you to make it your own. It has a great pool and covered patio in addition to a huge side yard that you can either use to expand the home or leave it for outdoor activities or boat storage. The possibilities are endless! (The roof and air conditioning were both replaced recently.) Located near top-rated schools, what more could you ask for? Don't miss out and schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica Gutierrez 305-726-4455,

    The Keyes Company

    Bought with:

    Rachel Riva, 3517935

    Redfin Corporation

    Source: MIAMI,MLS#: A11595398MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Family Room
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Oven, Washer
    Features
    • Flooring: Ceramic Tile
    • Windows: Hurricane Shutters
    Interior area
    • Total structure area: 2,936
    • Total interior livable area: 1,968 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Entry location: First Floor Entry
    • Patio & porch: Patio, Screened Porch
    • Has private pool: Yes
    • Pool features: In Ground, Fenced, Equipment Stays, Pool Only
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden, Pool
    Lot
    • Size: 0.52 Acres
    • Features: 1/2 To Less Than 3/4 Acre Lot, Oversized Lot
    • Residential vegetation: Fruit Trees
    Details
    • Parcel number: 3350270210080
    • Zoning: 2100

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction
    • Roof: Barrel Roof
    Condition
    • Year built: 1969

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: None, Sidewalks, No Subdiv/Park Info
    • Security: Smoke Detector
    • Subdivision: Coral Reef Estates 5th Ad
    HOA
    • Has HOA: No
    Location
    • Region: Palmetto Bay

    Financial & listing details

    • Price per square foot: $534/sqft
    • Tax assessed value: $1,033,114
    • Annual tax amount: $4,573
    • Date on market: 5/20/2024
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    8/23/2024Sold$1,050,000-4.5%$534/sqft
    Source: MIAMI #A11595398 Report a problem
    7/24/2024Contingent$1,100,000$559/sqft
    Source: MIAMI #A11595398 Report a problem
    6/29/2024Price change$1,100,000-6.4%$559/sqft
    Source: MIAMI #A11595398 Report a problem
    6/5/2024Listed for sale$1,175,000$597/sqft
    Source: MIAMI #A11595398 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,678 +182.7%$789,873 +183.5%
    2024$4,838 +5.8%$278,658 +3%
    2023$4,573 +4.1%$270,542 +3%
    2022$4,392 +0.6%$262,663 +3%
    2021$4,365 +1.9%$255,013 +1.4%
    2020$4,282 +2.4%$251,493 +2.3%
    2019$4,183 +4.8%$245,839 +1.9%
    2018$3,994 $241,256 +2.1%
    2017$3,994 +0.5%$236,294 +2.1%
    2016$3,976 -0.8%$231,434 +0.7%
    2015$4,006 -1.1%$229,826 +0.8%
    2014$4,051 +4.1%$228,002 +1.5%
    2013$3,891 $224,633 +1.7%
    2012$3,891 +2.7%$220,879 +3%
    2011$3,789 -4.5%$214,446 +1.5%
    2010$3,969 +8.7%$211,277 +2.7%
    2009$3,649 -2.4%$205,723 +17.9%
    2007$3,738 -4%$174,533
    2006$3,895 --
    2005$3,895 +1.6%--
    2004$3,835 --
    2003-- --
    2002$3,540 --
    2001$3,540 --
    Find assessor info on the county website

    Neighborhood: 33157

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Coral Reef
    • Middle: Southwood
    • High: Miami Palmetto

    Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,435,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,435,500