Single Family Residence

16101 SW 87th Ct

16101 SW 87th Ct, Palmetto Bay FL 33157

$980,000

For Sale New — 1 day on market

4 Beds · 2 Baths · 1,992 SqFt

See estimated monthly cost

This listing is courtesy of BHHS EWM Realty. Christine Stiphany

Overview

Bring your vision and finish creating your dream home! This north facing Palmetto Bay home offers 4BR/2BA and tremendous potential on an oversized 15,525 SqFt corner lot with many significant improvements completed and more underway. Major upgrades include a 2024 metal roof, double-strapped to the walls with filtered gutters; impact windows & doors with upgraded extra thick glass(final installation scheduled Oct. 2026); Accordion shutters on the east patio side and south backyard pool area, air handler installed in 2023 and a 5-ton A/C compressor installed in 2024. An impressive 45ft x 16ft vaulted covered patio on the east side with cedar tongue-and-groove ceiling and substantial concrete columns creates an exceptional outdoor living space. On the south private fenced back yard enjoy the daily sun-filled Catalina pool with four built-in planters. Recently painted, Mexican tile floors, lath & plaster walls and ceilings, a large living room, a formal dining room, and a kitchen with all wood cabinetry, exotic granite countertops with full backsplash, a stainless-steel sink with a high-end faucet,all contribute to a rich decor. The enlarged 2-car garage adds to the ample room for a boat, camper or additional vehicles. Mature Royal Poinciana, Live Oaks, Ironwoods, Green Buttonwoods, Spanish Caper, lychee, and mango trees enhance this special property. A true Diamond in the Rough—complete the transformation and make it your own!

Facts & features

Interior

Living area (sq ft)
1,992
Full bathrooms
2
  • First Floor Entry
  • Stacked Bedroom
  • Family Room

Building & exterior

Year built
1968
Lot size (sq ft)
15,525
Garage spaces
2
Covered spaces
2
  • Garden
  • Pool
  • Driveway

HOA (homeowners association)

  • No Restrictions

Taxes

Annual tax
$3,973
Tax year
2025
Parcel number
33-50-28-020-0120

Assigned schools

Elementary
Coral Reef
Middle
Southwood
High
Miami Palmetto

Listing

MLS number
A12086588
Property type
Single Family Residence
Price per SqFt
$492
Subdivision
CORAL REEF ESTATES 4TH AD
On market since
Sep 14, 2026
Days on market
1

Estimated monthly cost

$6,021 per month

Principal & interest (30 yr)
$4,955
Property tax
$331
Insurance (estimated)
$735

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

  • Dr. Henry E. Perrine Academy of the Arts Public · K-5 · 0.38 mi
  • Carpe Diem Academy Private · K-12 · 0.55 mi
  • Christ Fellowship Academy Private · PK-05 · 0.57 mi
  • Little Wonders Learning Academy and Preschool Private · K-12 · 0.70 mi
  • Southwood Middle Public · 6-8 · 0.74 mi
  • Palmetto Bay Academy Private · 06-12 · 0.82 mi
  • Lincoln-Marti Schools - 168th St Private · 05-K · 0.84 mi
  • Village Pines School Private · PK-06 · 0.85 mi
  • Coral Reef Elementary Public · PK-5 · 0.95 mi

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