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Single Family Residence at 8940 SW 160th St, Palmetto Bay FL 33157Active
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Waterfront · Single Family Residence
$1,478,000$514 / sqft

8940 SW 160th St, Palmetto Bay FL 33157

4
Bedrooms
3
Bathrooms
2,878 sqft
Interior
1992
Year built
None
HOA
Single Family Residence
Type

About this home

Renovated 4BD/3BA 2-story home in Palmetto Bay with a pool, canal views and no rear neighbors. Over $400k invested in upgrades. Engineered hardwood throughout, plantation shutters, new LED fixtures, and new wrought iron staircase with brushed gold finish. 3 fully remodeled bathrooms with new tile, frameless barn door shower enclosures, shaker cabinets, brushed gold fixtures, and Toto toilets; electronic bidet in primary. Closets By Design in all bedrooms. Kitchen features solid wood cabinetry, 36" electric range top, beverage cooler, and pass-through window to screened porch. Saltwater pool resurfaced with new tile, coping, deck jet, and all-new equipment. Screened porch with 24" Carrara marble tile. Solar panels, underground propane tank, generator-ready. Brick paver driveway, 6' vinyl privacy fencing, Rainbird irrigation, landscape lighting. A-rated schools. Cinderblock and poured concrete construction on both floors, 10 ft BFE, rolling hurricane shutters on all windows. One bedroom & bathroom on first floor. The home is originally has 5 bedrooms. The 4th & 5th bedroom were combined. Less than 1 mile to Palmetto Golf Course, minutes to Jackson South Medical Center and The Falls.

Features

  • First Floor Entry
  • Vaulted Ceiling(s)
  • Volume Ceilings
  • Walk-In Closet(s)
  • Attic
  • Utility Room/Laundry
  • Workshop
  • Canal

Location

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

Estimated loan & HOA

$7,474

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

Principal & interest
$7,474
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
RE/MAX Advance Realty II

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.