15401 SW 81 Av, Palmetto Bay, FL 33157 — MLS photo

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15401 SW 81 Av, Palmetto Bay, FL 33157

Active · SingleFamilyResidence

$1,450,000

15401 SW 81 Av, Palmetto Bay, FL 33157

Beds
5
Baths
4
Living area
2,713 sq ft
$ / sq ft
$534/sq ft
Year built
1969
Lot size
15,851 sq ft
HOA fee
—
Annual tax
$5,787

About this property

Fantastic, warm and welcoming, 5 bedroom/ 4 bath home in North Palmetto Bay. Open formal living room and dining room. Cozy family room connects to the updated kitchen with adjacent breakfast nook overlooking the pool. Spacious primary suite, bath with dual sinks, glass enclosed shower and built-in storage cabinetry. Ample-sized guest bedrooms. Separate ensuite guest bedroom perfect for an office or playroom. Some highlights include a metal roof, impact windows/doors, plantation shutters, and excellent storage closets. Fenced backyard with a variety of trees, screened pool, partially covered marble tile patio. Plus, a new hot tub to enjoy some relaxation under the stars. 1 car side entry garage, paver driveway. Located just blocks from Coral Reef Park, excellent schools.

Property location

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15401 SW 81 Av, Palmetto Bay, FL 33157

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Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
2,713 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Area, Dining Area, Separate Formal Dining Room, Dual Sinks, French Doors Atrium Doors, First Floor Entry, Main Level Primary, Pantry, Shower Only, Walk In Closets

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1969
Lot size
15,851 sq ft
Architectural style
Detached, One Story
Roof
Metal
Construction
CBSConcrete Block Structure, Block
Exterior features
Fence, Fruit Trees
Pool
In Ground, Pool, Screen Enclosure
Spa
Above Ground
View
Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Driveway, Garage, Paver Block

HOA, Community & Financials

Pets allowed
No, Yes
Annual tax
$5,787
Subdivision
East Grove East
County
Miami-Dade
Days on market
230
MLS listing ID
A11976276
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

-$218

Cap rate
5.5%
Net yield
5.5%
Cash-on-cash return
-0.6%
Gross yield
7.3%
Mortgage payment
$6,874/mo
Down payment
$362,500
Loan amount
$1,087,500
Annual NOI
$79,870

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