8845 SW 176th Ter, Palmetto Bay, FL 33157 — MLS photo

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8845 SW 176th Ter, Palmetto Bay, FL 33157

Active · SingleFamilyResidence

$1,800,000

8845 SW 176th Ter, Palmetto Bay, FL 33157

Beds
4
Baths
3
Living area
2,813 sq ft
$ / sq ft
$640/sq ft
Year built
1977
Lot size
16,470 sq ft
HOA fee
—
Annual tax
—

About this property

Meticulously renovated split plan Palmetto Bay home by husband and wife architectural design team. Reimagined for modern living with open kitchen featuring marble 16' marble kitchen island that seats up to 7. Home features include impact windows and doors, 3 car garage, engineered oak wood floors, shell stone tile, large open kitchen concept with new SS appliances and volume ceilings, all PVC plumbing, new ACs, and beautiful open redesigned pool area. Dining room could possibly be used as an office also. This home is a split plan layout with 3/2 on one side and a 1/1 on the other. New beautiful landscaping in both the front and back yard for your enjoyment under the covered patio. Main space of the home connects with the outdoors through a series of 3 double doors to bring the outside in.

Property location

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8845 SW 176th Ter, Palmetto Bay, FL 33157

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
2,813 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1977
Lot size
16,470 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12031822
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

-$3,421

Cap rate
3.4%
Net yield
3.4%
Cash-on-cash return
-8.1%
Gross yield
6.7%
Mortgage payment
$8,533/mo
Down payment
$450,000
Loan amount
$1,350,000
Annual NOI
$61,340

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