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Single Family Residence
$1,829,000$526 / sqft
8445 SW 163rd Ter, Palmetto Bay FL 33157
Listed
6
Bedrooms
5
Bathrooms
3,474 sqft
Interior
1998
Year built
None
HOA
Single Family Residence
Type
About this home
Rarely available 6-bedroom, 4.5-bath triple-split Palmetto Bay retreat! This impressive two-story, 1998-built residence offers spacious flexibility and fabulous outdoor living! Two bedrooms downstairs provide the perfect setup for guests, in-laws, or a home office, while upstairs you'll find four additional bedrooms, including the spacious primary suite with a private balcony overlooking the lush tropical grounds. At the heart of the home is a gourmet kitchen featuring granite countertops, all Viking appliances, and a comfortable eat-in area. Outside, the oversized corner lot truly shines with meticulously maintained tropical landscaping, beautiful orchids, and a dedicated climbing/swing-set area. An expansive paver deck surrounds the inviting pool, creating plenty of space for entertaining, dining, or simply relaxing. Additional features include PVC plumbing, a 2025 roof, a natural gas stove/dryer/water heater, and teak hardwood flooring throughout. Play or relax in the backyard or hop on bordering paths, steps away from Coral Reef Park, Deering Estate, & top-rated public/private schools. Privacy, space, and an exceptional property, all in a premier setting. Who is ready to call this peaceful, sought-after neighborhood and house HOME? "As per appraisal sketch, the property is 3,474 living square feet".
Features
- First Floor Entry
- Family Room
- Utility Room/Laundry
- Pool
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 6-bed rentals across Miami-Dade, from 55 active listings; the middle half ask $16,000–$49,900.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.