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Active
Condominium
$281,999$363 / sqft

8701 SW 141st St # L5, Palmetto Bay FL 33176

2
Bedrooms
2
Bathrooms
777 sqft
Interior
1968
Year built
$560 / mo
HOA
Condominium
Type

About this home

Discover the charm of Palmetto Bay with this bright and spacious 2-bedroom, 2-bath condo. Located just steps from The Falls, this well-maintained residence offers an open-concept layout filled with natural light, a private balcony, walk-in closet, assigned parking, and access to community amenities including a pool and clubhouse. New A/C and impact windows. Near top-rated schools, parks, dining, shopping, and major access routes, this investor-friendly opportunity.

Features

  • Second Floor Entry
  • Screened Balcony
  • Garden View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,986

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,426
HOA
$560 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Executive Trust Realty LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.