
MIAMI REALTORS® MLS8320 SW 161st Street, Palmetto Bay, FL 33157
- Beds
- 5
- Baths
- 3
- Sqft
- 3,178
- 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
Price history
| Date | Event | Price |
|---|---|---|
| Jun 10, 2026 | ListedMIAMI REALTORS® MLS | $1,790,000$563/sqft |
| Jul 21, 2026 | Price reducedMIAMI REALTORS® MLS | $1,699,000$535/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $5,650 | — |
Payment calculator
- 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 ADDNPalmetto Bay · Miami-Dade County · 33157
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Nearby homes
12 homes
MIAMI REALTORS® MLS
Property photos coming from MLS
MIAMI REALTORS® MLS
Property photos coming from MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
Property photos coming from MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
Property photos coming from MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
Property photos coming from MLS
Similar homes
12 homes
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
Property photos coming from MLS
MIAMI REALTORS® MLS
Property photos coming from MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
Property photos coming from MLS
MIAMI REALTORS® MLS
Property photos coming from MLS
MIAMI REALTORS® MLS
MIAMI REALTORS® MLS