Premier Brokers International
8320 SW 161st Street, Palmetto Bay, FL 33157
Active Under ContractMLS listing sourceMIAMI REALTORS® MLS
Active Under ContractMLS® A12031171
$1,699,000

8320 SW 161st Street, Palmetto Bay, FL 33157

Beds
5
Baths
3
Sqft
3,178
Est. payment$10,137/mo
Home type
Single Family Residence
Year built
1961
Lot size
16,988 sqft
Price / sqft
$535
HOA
$0/mo
Community
SOUTHWOOD 1ST ADDN

Property description

INSTANT EQUITY AT CLOSING! Selling under appraised value! Welcome to this stunning, turnkey Palmetto Bay luxury oasis, completely renovated with over $300K in high-end upgrades. Boasting 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!

Listing activity

Days on market
104
Listed
Jun 10, 2026
MLS listing updated
Sep 22, 2026
Feed last checked
13 minutes ago

Listed by Ricky Kallabat · Keller Williams Capital Realty

Map

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
5
Bathrooms
3
Bathrooms (decimal)
3
Full bathrooms
3
Half bathrooms
0

Rooms & features

Rooms
3
Interior features
Closet Cabinetry, Walk-In Closet(s), Wet Bar
Flooring
Vinyl
Appliances
Gas Water Heater, Dishwasher, Disposal, Dryer, Gas Range, Ice Maker, Refrigerator, Washer

Heating & cooling

Heating
Central
Cooling
Ceiling Fan(s), Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Carport spaces
2
Carport
Yes
Covered spaces
4
Parking features
Carport, Covered, Detached Carport, Garage Door Opener
Attached garage
No

Exterior

Stories
2
Building area
3,711 sqft
Patio & porch
Patio
Exterior features
Lighting
Fencing
Fenced
Pool
Yes
Pool features
In Ground
Waterfront property
No

Lot

Lot size
16,988 sqft
Lot size (acres)
0.39 acres
Lot features
Oversized Lot
Zoning
2100
Construction

Type & style

Home type
Single Family Residence
Year built
1961
New construction
No

Materials

Construction
CBS, Frame
Roof
Flat, Shingle, Tile
Property condition
Resale
Levels
Two
Faces
North
Utilities & green energy

Utilities

Electric
Circuit Breakers
Sewer
Septic Tank
Water
Public, Well
Community & HOA

Community

Subdivision
SOUTHWOOD 1ST ADDN
MLS area
2500
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
None
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
A12031171
Possession
Negotiable
Original list price
$1,790,000
Parcel number
3350270040140
Annual property tax
$5,650
Tax year
2025
Tax legal description
27 55 40 SOUTHWOOD 1ST ADDN PB 68-55 LOT 4 BLK 18 LOT SIZE 120.000 X 140 OR 15729-0369 1192 1 F/A/U 30-5027-004-0140
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
3
Bathrooms Total Integer
3
Building Area Total
3711
Construction Materials
CBS, Frame
County Or Parish
Miami-Dade
Days On Market
104
Direction Faces
North
Elementary School
Coral Reef (Miami-Dade)
High School
Miami Palmetto
List Price
1699000
Listing Contract Date
2026-06-10
Living Area
3178
Lot Size Acres
0.39
Lot Size Area
16800
MLSArea Major
2500
Middle Or Junior School
Southwood
Mls Status
Active Under Contract
On Market Date
2026-06-10
Patio And Porch Features
Patio
Photos Count
43
Postal Code
33157
Price Change Timestamp
2026-07-21T17:51:37Z
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
3
Senior Community
No
Standard Status
Active Under Contract
State Or Province
FL
Status Change Timestamp
2026-09-22T15:30:01Z
Stories Total
2
Subdivision Name
SOUTHWOOD 1ST ADDN
Water Source
Public, Well
Tax Annual Amount
5650
Bathrooms Full
3
Pool Private
Yes
Bedrooms Total
5
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

DateEventPrice
Jun 10, 2026ListedMIAMI REALTORS® MLS$1,790,000$563/sqft
Jul 21, 2026Price reducedMIAMI REALTORS® MLS$1,699,000$535/sqft

Public tax history

YearProperty taxesAssessment
2025$5,650—

Payment calculator

Estimated monthly payment$10,137/moIllustrative estimate, not a loan offer.
Principal & interest
$8,816
Property taxes
$471
Insurance
$850
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

SOUTHWOOD 1ST ADDN

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

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Keller Williams Capital Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.