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Active
Single Family Residence
$940,000$580 / sqft

15700 SW 87th Ave, Palmetto Bay FL 33157

4
Bedrooms
2
Bathrooms
1,622 sqft
Interior
1966
Year built
None
HOA
Single Family Residence
Type

About this home

Enjoy a tranquil oasis in Palmetto Bay with an enormous private fenced backyard awaiting a future dream pool deck with your special design taste. Plenty of open space for family gatherings and barbecues. This charming 4 bedroom, 2 bath.home is equipped with wood cabinets in Kitchen & marble counters and stainless steel appliances. Additional moveable island piece for storage for more functional design. Oversized driveway for boat,Rv, and other needs like extra guest parking. Minutes from top rated schools, shopping, Coral Reef park. Well maintained home by owners who enjoyed this charm private family style retreat.

Features

  • First Floor Entry
  • Cooking Island
  • Walk-In Closet(s)
  • Family Room
  • Lighting
  • Fruit Trees
  • Room For Pool
  • Garden

Location

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

Estimated loan & HOA

$4,753

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

Principal & interest
$4,753
HOA
None

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
Compass Florida, 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.