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16840 SW 87th AvePalmetto Bay, FL 33157

For Sale

$999,000

Smart Buyer Rebate $9,990

Canalfront, 4 bdrm/ 2 bath updated home in Palmetto Bay. Open concept living area, dining with butler’s pantry. Gorgeous, remodeled kitchen with quartz countertops, beautiful cabinetry, tile backsplash in herringbone design, center island and seating, beverage cooler. Family room w stone fireplace, currently used as 4th bedroom. Well-distributed guest bedrooms, new guest bath with artistic tile flooring, double sinks. Primary bdrm w/ serene pool views, glass enclosed shower, walk-in closet. Plank tile flooring in living areas, carpet flooring in bdrms. Impact glass windows/ doors. Metal roof. Fenced yard, screened-in pool with beach entry and modern, stone patio. Circular drive, 2 car garage with side entry.

Listed by Drew Kern

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License #0628522

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BHHS EWM Realty

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305-329-7744

Last updated October 22, 2025

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Source: MIAMIRE #A11792374

Listing Facts

  • TypeSingle-family
  • NeighborhoodPalmetto Bay
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu177
  • Taxes$6,923/year
  • Size1,981 sqft
  • Price per sqft$504

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

10/22/2025
Price Decreased
$999,000
10/14/2025
Price Decreased
$1,020,000
10/03/2025
Status changed to Active
$1,025,000
09/25/2025
Status changed to In Contract
$1,025,000
07/31/2025
Price Decreased
$1,025,000
07/15/2025
Price Decreased
$1,050,000
06/19/2025
Price Decreased
$1,075,000
04/29/2025
Listed by BHHS EWM Realty
$1,100,000

Property Details for 16840 SW 87th Ave

Association

Amenities

  • Pets Allowed: Yes

Exterior

Construction

  • Property Condition: Substantially Remodeled
  • Roof: Metal Roof
  • Structure Type: House
  • Window Features: Complete Impact Glass, Blinds, Drapes
  • Year Built: 1972
  • Year Built Details: Resale
  • Architectural Style: Detached, One Story
  • Building Name: MARAL ESTATES SEC 3
  • Construction Materials: CBS Construction

Features

  • Direction Faces: East
  • Fencing: Fenced
  • Patio And Porch Features: Screened Porch
  • Pool Features: In Ground, Screen Enclosure
  • View: Canal, Pool
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front
  • Waterfront: Yes

Measurements

  • Building Area Total: 3,281
  • Building Area Units: Square Feet
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Lot Size Dimensions: 122,126
  • Lot Size Square Feet: 15,372
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 33-50-34-004-0140
  • Tax Annual Amount: $6,923.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Interior Features: First Floor Entry, Exclusions, Pantry, Utility/Laundry In Garage

Measurements

  • Living Area: 1,981
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4

Other

Location

  • Subdivision Name: MARAL ESTATES SEC 3

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Schools

Elementary School

  • Elementary School: Perrine

High School

  • High School: Miami Palmetto

Middle or Junior School

  • Middle Or Junior School: Southwood

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Municipal Water

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.