16721 SW 86th Ct, Palmetto Bay, FL 33157 — MLS photo

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16721 SW 86th Ct, Palmetto Bay, FL 33157

Active · SingleFamilyResidence

$1,690,000

16721 SW 86th Ct, Palmetto Bay, FL 33157

Beds
4
Baths
3
Living area
3,190 sq ft
$ / sq ft
$530/sq ft
Year built
2001
Lot size
15,180 sq ft
HOA fee
$450
Annual tax
—

About this property

Located in the quiet, gated community of Flamingo Gardens is this beautifully updated, 4 bdrm/ 3 bath +office home. Built in 2001, it features soaring volume ceilings, impact glass, whole-house sound system & ideal floorplan. Welcoming formal living rm & dining rm. Dedicated office. Gorgeous, remodeled kitchen w/ premium Sub-Zero & Garland appliances, eat in snack bar, large pantry, opens to spacious family rm & breakfast nook. Private primary suite occupies its own wing w/ grand bath feat. double vanities, soaking tub & idyllic walk-in closet. Indoor laundry. Resort-style backyard w/ pool, expansive covered patio, perfectly manicured landscaping & gated side yard w/ room for a boat. Epoxy-finished 2-car garage. Close to top schools, parks & shopping; where privacy meet convenience.

Property location

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16721 SW 86th Ct, Palmetto Bay, FL 33157

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
3,190 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2001
Lot size
15,180 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$450
County
Miami-Dade
MLS listing ID
A11976484
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

-$2,772

Cap rate
3.7%
Net yield
3.7%
Cash-on-cash return
-7.0%
Gross yield
7.4%
Mortgage payment
$8,011/mo
Down payment
$422,500
Loan amount
$1,267,500
Annual NOI
$62,872

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