15815 SW 85th Ave, Palmetto Bay, FL 33157 — MLS photo

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15815 SW 85th Ave, Palmetto Bay, FL 33157

Active · SingleFamilyResidence

$999,000

15815 SW 85th Ave, Palmetto Bay, FL 33157

Beds
3
Baths
2
Living area
1,859 sq ft
$ / sq ft
$537/sq ft
Year built
1960
Lot size
15,372 sq ft
HOA fee
—
Annual tax
—

About this property

Fantastic Palmetto Bay home with 3 bedrooms/ 2 baths and many updates. Formal living room. Modern kitchen with counter seating, plenty of cabinetry Dining area. Impact windows/ doors. Indoor laundry room. Office off family room. Primary suite features walk in closet. Great fenced outdoor space with covered patio, wood deck, above ground pool, shed, playground. 2 car garage. Wonderful neighborhood. Close to A+ schools, Coral Reef Park.

Property location

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15815 SW 85th Ave, Palmetto Bay, FL 33157

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,859 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1960
Lot size
15,372 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11952863
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,417

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.1%
Gross yield
7.3%
Mortgage payment
$4,736/mo
Down payment
$249,750
Loan amount
$749,250
Annual NOI
$39,830

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.