8920 SW 162nd Ter
Palmetto Bay, FL 33157
$2,375,000
$602/ft²
About this home
Experience luxury in this pristine 6-bedroom, 5-bathroom canal-front estate, ideally situated on a private cul-de-sac. Designed to impress the most discerning buyer, this exceptional residence welcomes you with an elegant entry featuring a beautiful fountain, grand French doors, marble flooring, and a sophisticated formal living room with a fireplace. The recently updated chef’s kitchen is equipped with top-of-the-line appliances, an oversized center island, and stunning views of the resort-style pool, creating the perfect setting for both everyday living and entertaining. The expansive primary suite offers a private retreat with a spa-inspired bathroom, digital shower system, Jacuzzi tub, and dual custom California walk-in closets. Additional highlights include a spacious upstairs flex suite, a resort-style pool, a whole-house Kohler generator, and beautifully landscaped grounds. The impressive circular driveway, expansive turnaround area, and three-car garage provide ample space for guests and gatherings. Set on more than half an acre, the property features over nine mature fruit trees and thoughtfully designed vegetable gardens. Built in 2008, the home benefits from modern construction standards that may contribute to lower insurance costs. Meticulously maintained and truly move-in ready, this exceptional property offers the perfect blend of luxury, comfort, and functionality.
Features
- Waterfront
Property details
Listing
- MLS #
- A12032952
- Status
- For sale
- Listed on
- Jun 8, 2026
- Days on market
- 63 days
- Listing data updated
- Aug 6, 2026
Interior
- Beds
- 6
- Baths
- 5
- Living area
- 3,944 ft²
- Price per ft²
- $602/ft²
Building & community
- Type
- Single-family home
- Year built
- 2008
- County
- Miami-Dade
Lot & exterior
- Lot size
- 24,763 ft²
- Waterfront
- Yes
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)
- $12,009
- Property taxes (est.)
- $2,178
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$14,787*/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
$12,009/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 Compass Florida, LLC.
Miguel Salvat · 305-975-1492 · miguel@miguelsalvat.com · 305-697-2904
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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