8920 SW 162nd Ter, Palmetto Bay, FL 33157 — MLS photo

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8920 SW 162nd Ter, Palmetto Bay, FL 33157

Active · SingleFamilyResidence

$2,375,000

8920 SW 162nd Ter, Palmetto Bay, FL 33157

Beds
6
Baths
5
Living area
3,944 sq ft
$ / sq ft
$602/sq ft
Year built
2008
Lot size
24,763 sq ft
HOA fee
—
Annual tax
$14,804

About this property

Discover exceptional South Florida waterfront living in this impressive 6-bedroom, 5-bath canal-front estate, privately situated on a quiet cul-de-sac and set on more than half an acre. Built in 2008, this beautifully maintained luxury pool home offers privacy, oversized grounds, modern construction, flexible living space, and a rare three-car garage. A grand entrance features a fountain, French doors, marble flooring, and an elegant formal living room with fireplace. The updated chef’s kitchen offers top-of-the-line appliances, an oversized center island, generous workspace, and views of the resort-style pool. The expansive primary suite includes a spa-inspired bath, digital shower, Jacuzzi tub, and dual custom California walk-in closets. A spacious upstairs flex suite is ideal for a guest suite, office, media room, gym, or private quarters. Outside, enjoy the canal-front setting, landscaped grounds, more than nine mature fruit trees, vegetable gardens, and a resort-style pool. Additional highlights include a whole-house Kohler generator, circular driveway, oversized turnaround area, ample guest parking, and a three-car garage. This move-in-ready waterfront estate combines luxury, privacy, space, functionality, outdoor living, and modern amenities in an exceptional South Florida setting.

Property location

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8920 SW 162nd Ter, Palmetto Bay, FL 33157

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Facts & features

Interior

Bedrooms
6
Bathrooms
5
Living area
3,944 sq ft
Flooring
Hardwood, Marble, Wood
Appliances
Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Dining Area, Separate Formal Dining Room, Eat In Kitchen, First Floor Entry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2008
Lot size
24,763 sq ft
Architectural style
Detached, Two Story
Roof
Spanish Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Awnings, Deck, Fence, Fruit Trees, Lighting, Patio, Storm Security Shutters
Pool
In Ground, Pool
Waterfront
Canal Front
View
Garden, Water

Parking

Garage spaces
3
Covered spaces
3
Parking features
Driveway, Garage Door Opener

HOA, Community & Financials

Security
Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$14,804
Subdivision
THE LANDINGS SEC 2
County
Miami-Dade
Days on market
112
MLS listing ID
A12032952
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

-$1,611

Cap rate
4.9%
Net yield
4.9%
Cash-on-cash return
-2.9%
Gross yield
6.9%
Mortgage payment
$11,259/mo
Down payment
$593,750
Loan amount
$1,781,250
Annual NOI
$115,775

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