Price reducedMLS® A12022487

$899,000

↓ Price reduced $41,000 on Sep 17, 2026

15700 SW 87th Avenue, Palmetto Bay, FL 33157

Beds: 4
Baths: 2
Sqft: 1,622

Est. payment$5,577/mo

Home type: Single Family Residence
Year built: 1966
Lot size: 14,810 sqft
Price / sqft: $554
HOA: $0/mo
Community: CORAL REEF ESTATES

Property description

NEW FRESH PRICE IN THE HEART OF PALMETTO BAY! Enjoy living and dining room combination with views of your private and tranquil fenced backyard oasis adjoining a covered patio for entertaining and fun barbecues. This 4 bedroom/2 bath home is fully protected with Accordion shutters throughout the home and small optional cameras. Kitchen has wood cabinets and granite counter tops w Stainless steel appliances. Easy to maintain wood and tile flooring. AC and tankless water heater upgraded. Septic tank replaced. Oversized Driveway upgraded with Pavers style tiles for extra guest parking. Minutes from top rated schools, great shopping, Coral Reef Park. Well maintained home by owners who enjoyed this charming style retreat.

Listing activity

Days on market: 131
Listed: May 20, 2026
MLS listing updated: Sep 28, 2026
Feed last checked: 4 minutes ago

Listed by Edith Neuwahl · Compass Florida, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 1
Interior features: Kitchen Island, Walk-In Closet(s)
Flooring: Ceramic Tile, Wood
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
Laundry: Washer Hookup, Dryer Hookup
Furnished: Unfurnished

Heating & cooling

Heating: Electric
Cooling: Ceiling Fan(s), Central Air, Electric, Paddle Fan(s)

Property

Parking

Garage spaces: 2
Garage: Yes
Covered spaces: 2
Parking features: Attached, Attached Garage, Driveway, Garage
Attached garage: Yes

Exterior

Stories: 1
Building area: 2,848 sqft
Entry level: 1
Patio & porch: Porch - Open, Porch, Patio
Exterior features: Lighting
Fencing: Fenced
Pool: No
View: Garden
Waterfront property: No

Lot

Lot size: 14,810 sqft
Lot size (acres): 0.34 acres
Lot features: Fruit Tree(s), Room for Pool
Zoning: 2100

Construction

Type & style

Home type: Single Family Residence
Year built: 1966
New construction: No

Materials

Construction: CBS
Roof: Shingle
Property condition: Resale
Levels: One
Faces: East

Utilities & green energy

Utilities

Electric: Circuit Breakers
Sewer: Public Sewer, Septic Tank
Water: Public, Well

Community & HOA

Community

Subdivision: CORAL REEF ESTATES
MLS area: 2500
Security: Smoke Detector(s)
55+ community: No

Association

Has association: No
Estimated monthly dues: $0
Amenities: Street Lights

Lease details

Not reported by the listing source.

Location

Area details

City: Palmetto Bay
County: Miami-Dade
ZIP code: 33157

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12022487
Possession: Negotiable
Original list price: $940,000
Parcel number: 3350280050980
Annual property tax: $5,549
Tax year: 2025
Tax legal description: 28 55 40 CORAL REEF ESTS PB 65-4 LOT 3 BLK 9 LOT SIZE 112.000 X 132 OR 15911-1384 0493 4 F/A/U 30-5028-005-0980

Additional MLS details

Reported by the listing source

Association Amenities: Street Lights
Association: No
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 2848
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 131
Direction Faces: East
Elementary School: Coral Reef (Miami-Dade)
High School: Miami Palmetto
Laundry Features: Washer Hookup, Dryer Hookup
List Price: 899000
Listing Contract Date: 2026-05-20
Living Area: 1622
Lot Size Acres: 0.34
Lot Size Area: 14784
MLSArea Major: 2500
Middle Or Junior School: Southwood
Mls Status: Active
On Market Date: 2026-05-20
Patio And Porch Features: Porch - Open, Porch, Patio
Photos Count: 15
Postal Code: 33157
Price Change Timestamp: 2026-09-17T19:24:09Z
Property Sub Type: Single Family Residence
Property Type: Residential
Rooms Total: 1
Security Features: Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-05-20T04:00:00Z
Stories Total: 1
Subdivision Name: CORAL REEF ESTATES
Water Source: Public, Well
Tax Annual Amount: 5549
Bathrooms Full: 2
Pool Private: No
Bedrooms Total: 4
Waterfront: No
Bathrooms Half: 0

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
May 20, 2026	ListedMIAMI REALTORS® MLS	$940,000$580/sqft
Sep 17, 2026	Price reducedMIAMI REALTORS® MLS	$899,000$554/sqft

Public tax history

Year	Property taxes	Assessment
2025	$5,549	—

Payment calculator

Estimated monthly payment$5,577/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $4,665
Property taxes: $462
Insurance: $450
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

CORAL REEF ESTATES

Palmetto Bay · Miami-Dade County · 33157

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Coral Reef (Miami-Dade)Elementary

—

SouthwoodMiddle

—

Miami PalmettoHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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