8320 SW 161st St
Palmetto Bay, FL 33157
$1,699,000
$535/ft²
About this home
Selling under appraised value! Welcome to this stunning, turnkey Palmetto Bay luxury oasis, completely renovated with over $300K in high-end upgrades. Boasting 3,918 adjusted sq ft of flexible space on an expansive 16,800 sq ft lot, this home greets you with an inviting front living room that flows into a grand family room with soaring vaulted ceilings and exposed beams, flooding the space with light. Versatile layout includes 4 bedrooms upstairs, featuring a massive extra room perfect for a game room or office, with a private door to a balcony and a private staircase leading directly to the backyard. With an additional bedroom downstairs and separate private entrances for both levels, this floor plan offers perfect independent living/Multigenerational setups or rental potential. Chef’s kitchen awaits with a walk-in pantry, premium KitchenAid appliances, new refrigerator, and a custom coffee/wine station. Escape to the primary sanctuary with a large walk-in closet, private terrace access, and a spa bath with a soaking tub. Ideal for toy owners, exterior boasts a 450 sqft hurricane-resistant boat/RV port, 2-car garage with air pump, and an oversized driveway. Resort backyard is a tropical paradise with a 6-foot deep tiled pool and covered porches and wood deck area. Structural updates include a newer roof, new impact windows, newer A/C, natural gas, a tankless water heater. Near trails, the bay, Coral Reef Park. Seller financing available! Reach out for more details!
Property details
Listing
- MLS #
- A12031171
- Status
- For sale
- Listed on
- Jun 10, 2026
- Days on market
- 61 days
- Listing data updated
- Aug 9, 2026
Interior
- Beds
- 5
- Baths
- 3
- Living area
- 3,178 ft²
- Price per ft²
- $535/ft²
Building & community
- Type
- Single-family home
- Year built
- 1961
- County
- Miami-Dade
Lot & exterior
- Lot size
- 16,800 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $8,591
- Property taxes (est.)
- $1,558
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$10,749*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$8,591/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Keller Williams Capital Realty.
Ricky Kallabat · 305-747-5117 · richardk@kw.com · 305-662-7325
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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