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Pending
Single Family Residence
$1,075,000$427 / sqft

8900 SW 159th Ter, Palmetto Bay FL 33157

4
Bedrooms
3
Bathrooms
2,518 sqft
Interior
1986
Year built
None
HOA
Single Family Residence
Type

About this home

Beautifully situated on a corner lot in the heart of Palmetto Bay, this two-story home offers an exceptional blend of space, natural light, and comfort thoughtfully designed for both everyday living and memorable gatherings. Featuring a newer metal roof (2025), this home is positioned as a standout value in today's market. Upon entry, this home immediately welcomes you with soaring ceilings and an open, airy layout perfect for everyday living and entertaining. The updated kitchen completed just last year, flows seamlessly into the main living areas, creating a functional and inviting space. Upstairs provides a private retreat for bedrooms, while the overall layout offers flexibility to suit a variety of needs. Step outside to a spacious backyard oasis complete with a pool, pergola, and expansive patio, and lots of green space ideal for relaxing with family and hosting gatherings. With a larger footprint than many comparable homes in this price range, this property presents a compelling opportunity for buyers looking for value, comfort and the Palmetto Bay lifestyle. Conveniently located near top-rated schools, Coral Reef Park, and local amenities. A rare chance to secure a well-maintained 4 bedroom, 3 bathroom home with a new roof, a pool, and generous living space in one of the most sought after neighborhoods, Palmetto Bay.

Features

  • Entrance Foyer
  • Family Room
  • Florida Room
  • Utility/Laundry In Garage
  • Garden

Estimated loan & HOA

$5,436

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

Principal & interest
$5,436
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
Miami Portfolio Collection

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.