PendingPhoto 1 of 40
8340 SW 151st St, Palmetto Bay FL 33158
About this home
Located in the desirable and peaceful community of Palmetto Bay, this property offers a fantastic opportunity in one of the area’s most sought-after neighborhoods, surrounded by excellent schools, beautiful parks, and a great family-friendly atmosphere. Large Lot with room for expansion. The home features a new roof installed in 2023, Air conditioning & water heaters are 2 years old, providing important updates for the next owner. The interior is ready for a complete renovation, making this an ideal opportunity for investors, contractors, or buyers looking to customize a home to their own style. Take advantage of this great price and create your dream home in an amazing location! NOT IN FLOOD ZONE AND NO HOA
Features
- First Floor Entry
- Den/Library/Office
- Family Room
- Florida Room
- Utility Room/Laundry
- Room For Pool
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,703
- 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.
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.
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.