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Single Family Residence
$1,540,000$632 / sqft
16140 SW 74th Pl, Palmetto Bay FL 33157
Listed
4
Bedrooms
3
Bathrooms
2,435 sqft
Interior
1973
Year built
None
HOA
Single Family Residence
Type
About this home
Perfectly situated in a fantastic pocket of Palmetto Bay, on an oak studded cul-de-sac, this 4 bdrm/ 3 bath (plus media room) home is a dream. Formal living & dining rooms with oversized windows. Remodeled eat in kitchen w/ island seating, gas range. Grand family room. Timeless travertine flooring & engineered wood floors in bdrms. Spacious primary suite w/ dressing area, walk in closet and views of the sparkling pool. Media room/den with large closet and adjacent full bath. Plus 3 additional guest bdrms. Fenced corner lot with beautifully manicured lawn. Plenty of covered and open patio area, pool, shed and gated space to park the boat. Gravel circular drive. Metal roof, impact windows/doors. Indoor laundry rm w/ extra refrigerator, Close to Deering Estate, restaurants.
Features
- First Floor Entry
- Closet Cabinetry
- Stacked Bedroom
- Walk-In Closet(s)
- Family Room
- Media Room
- Utility Room/Laundry
- Pool
Location
Approximate — shows the building, not the unit. Open in maps
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.