Premier Brokers International
16101 SW 87th Court, Palmetto Bay, FL 33157
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12086588
$980,000

16101 SW 87th Court, Palmetto Bay, FL 33157

Beds
4
Baths
2
Sqft
1,992
Est. payment$5,906/mo
Home type
Single Family Residence
Year built
1968
Lot size
15,682 sqft
Price / sqft
$492
HOA
$0/mo
Community
CORAL REEF ESTATES 4TH AD

Property description

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!

Listing activity

Days on market
15
Listed
Sep 14, 2026
MLS listing updated
46 minutes ago
Feed last checked
8 minutes ago

Listed by Christine L Stiphany · BHHS EWM Realty

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
8
Interior features
Bedroom Layout - Stacked
Flooring
Carpet, Tile
Appliances
Electric Range, Refrigerator
Window features
Blinds

Heating & cooling

Heating
Central, Electric
Cooling
Central Air, Electric
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
3,144 sqft
Entry level
1
Patio & porch
Porch - Open, Porch
Fencing
Fenced
Pool
Yes
Pool features
In Ground
View
Garden, Pool
Waterfront property
No

Lot

Lot size
15,682 sqft
Lot size (acres)
0.36 acres
Lot features
Corner Lot
Zoning
2100
Road frontage
East of US-1
Construction

Type & style

Home type
Single Family Residence
Year built
1968
New construction
No

Materials

Construction
CBS
Roof
Metal
Property condition
Resale
Levels
One
Faces
North
Utilities & green energy

Utilities

Sewer
Septic Tank
Water
Public
Community & HOA

Community

Subdivision
CORAL REEF ESTATES 4TH AD
MLS area
2500
55+ community
Yes

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
A12086588
Possession
Other
Original list price
$980,000
Parcel number
3350280200120
Annual property tax
$3,973
Tax year
2025
Tax legal description
CORAL REEF ESTATES 4TH ADDN PB 84-85 LOT 4 BLK 22 OR 15842-2664 0393 1 F/A/U 30-5028-020-0120
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
3144
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
15
Direction Faces
North
Elementary School
Coral Reef (Miami-Dade)
High School
Miami Palmetto
List Price
980000
Listing Contract Date
2026-09-14
Living Area
1992
Lot Size Acres
0.36
Lot Size Area
15525
MLSArea Major
2500
Middle Or Junior School
Southwood
Mls Status
Active
On Market Date
2026-09-14
Patio And Porch Features
Porch - Open, Porch
Photos Count
24
Postal Code
33157
Property Sub Type
Single Family Residence
Property Type
Residential
Road Frontage Type
East of US-1
Rooms Total
8
Senior Community
Yes
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-14T04:00:00Z
Stories Total
1
Subdivision Name
CORAL REEF ESTATES 4TH AD
Water Source
Public
Tax Annual Amount
3973
Bathrooms Full
2
Pool Private
Yes
Bedrooms Total
4
Waterfront
No
Bathrooms Half
0
General Property Information: Senior Community
Yes

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
Sep 14, 2026ListedMIAMI REALTORS® MLS$980,000$492/sqft

Public tax history

YearProperty taxesAssessment
2025$3,973—

Payment calculator

Estimated monthly payment$5,906/moIllustrative estimate, not a loan offer.
Principal & interest
$5,085
Property taxes
$331
Insurance
$490
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 4TH AD

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.

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12 homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of BHHS EWM 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.