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Townhouse
$315,000$315 / sqft
15900 SW 91st Ct, Palmetto Bay FL 33157
Listed
2
Bedrooms
2
Bathrooms
1,001 sqft
Interior
1974
Year built
$481 / mo
HOA
Townhouse
Type
About this home
Welcome home to this charming 2-bedroom, 1.5-bath two-story townhome in Palmetto Bay! Offering 1,001 square feet of comfortable living space, this home features soaring ceilings upstairs, large windows that bring in plenty of natural light, and a welcoming layout that feels bright and spacious. The kitchen has been updated with newer cabinets, countertops, and appliances, while additional improvements include updated flooring, remodeled bathrooms, fresh interior paint, and a roof replaced in 2022. The spacious primary bedroom is located upstairs and features a walk-in closet, while accordion shutters upstairs provide added storm protection. Enjoy peaceful canal views and a quiet community atmosphere with friendly neighbors and access to highly regarded schools. There are no traditional monthly HOA dues; however, the current monthly property fees total approximately $481 and include items such as insurance, flood insurance, water and sewer, lawn maintenance, and other community-related expenses. Conveniently located near shopping, dining, parks, schools, and major roadways, this Palmetto Bay home offers a wonderful combination of comfort, convenience, and value.
Features
- First Floor Entry
- Walk-In Closet(s)
- Other
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 171 active listings; the middle half ask $2,300–$2,995.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.