Cays Realty
7950 SW 161st St, Palmetto Bay, FL 33157 — MLS photo

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7950 SW 161st St, Palmetto Bay, FL 33157

ActiveUnderContract · SingleFamilyResidence

$1,275,000

7950 SW 161st St, Palmetto Bay, FL 33157

Beds
3
Baths
2
Living area
2,358 sq ft
$ / sq ft
$541/sq ft
Year built
1961
Lot size
15,600 sq ft
HOA fee
—
Annual tax
$7,104

About this property

Fantastic 3 bdrm/2 bath (plus office) home with a wonderful floorplan in the Village of Palmetto Bay. Welcoming foyer entry. Spacious living area. Formal dining room. Open kitchen with counter seating, desk and pantry w/ adjacent breakfast area that could also be used as a family room.  French doors lead to the office, or playroom, with access to an enclosed patio. Indoor laundry room. Split floorplan with guest bedrooms and bath on one side. Private primary suite complete with large walk-in closet and a lovely view of the pool.  Fenced backyard with several mango and papaya trees, deep covered terrace and swimming pool with plenty of lawn beyond. New electrical panel, new AC and ductwork and impact windows & doors. 2 car side entry garage.

Property location

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7950 SW 161st St, Palmetto Bay, FL 33157

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,358 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, Eat In Kitchen, French Doors Atrium Doors, First Floor Entry, Main Level Primary, Pantry, Split Bedrooms, Tub Shower, Walk In Closets

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1961
Lot size
15,600 sq ft
Architectural style
Detached, One Story
Roof
Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Fence, Fruit Trees, Security High Impact Doors, Patio
Pool
In Ground, Pool
View
Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage

HOA, Community & Financials

Pets allowed
No, Yes
Annual tax
$7,104
Subdivision
GARDEN GROVES
County
Miami-Dade
Days on market
261
MLS listing ID
A11958998
Listing status
ActiveUnderContract

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

Estimated monthly cash flow

-$404

Cap rate
5.3%
Net yield
5.3%
Cash-on-cash return
-1.4%
Gross yield
7.3%
Mortgage payment
$6,044/mo
Down payment
$318,750
Loan amount
$956,250
Annual NOI
$67,682

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