INSTANT EQUITY AT CLOSING! Selling under appraised value! Welcome to this stunning, turnkey Palmetto Bay luxury oasis, completely renovated with over $300K in high-end upgrades. Boasting an expansive 16,800 sq ft lot, this home greets you with an inviting front living room that flows into a grand family room with soaring vaulted ceilings and exposed beams, flooding the space with light. Versatile layout includes 4 bedrooms upstairs, featuring a massive extra room perfect for a game room or office, with a private door to a balcony and a private staircase leading directly to the backyard. With an additional bedroom downstairs and separate private entrances for both levels, this floor plan offers perfect independent living/Multigenerational setups or rental potential. Chef’s kitchen awaits with a walk-in pantry, premium KitchenAid appliances, new refrigerator, and a custom coffee/wine station. Escape to the primary sanctuary with a large walk-in closet, private terrace access, and a spa bath with a soaking tub. Ideal for toy owners, exterior boasts a 450 sqft hurricane-resistant boat/RV port, 2-car garage with air pump, and an oversized driveway. Resort backyard is a tropical paradise with a 6-foot deep tiled pool and covered porches and wood deck area. Structural updates include a newer roof, new impact windows, newer A/C, natural gas, a tankless water heater. Near trails, the bay, Coral Reef Park. Seller financing available! Reach out for more details!
Listing Provided Courtesy of Keller Williams Capital Realty at 305-662-7325
Property Details
Price:
$1,699,000
MLS #:
A12031171
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SOUTHWOOD 1ST ADDN
Neighborhood:
2500
Listed Date:
Sep 22, 2026
Finished Sq Ft:
3,178
Total Sq Ft:
3,711
Lot Size:
731,808,000 sqft / 0.39 acres (approx)
Year Built:
1961
See this Listing
Schools
Elementary School:
Coral Reef (Miami-Dade)
Middle School:
Southwood
High School:
Miami Palmetto
Interior
Appliances
Gas Water Heater, Dishwasher, Disposal, Dryer, Gas Range, Ice Maker, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Flooring
Vinyl
Heating
Central
Interior Features
Closet Cabinetry, Walk-In Closet(s), Wet Bar
Levels
Two
Exterior
Association Amenities
None
Construction Materials
CBS, Frame
Covered Spaces
4
Direction Faces
North
Exterior Features
Lighting
Fencing
Fenced
Garage Spaces
2
Lot Features
Oversized Lot
Parking Features
Carport, Covered, Detached Carport, Garage Door Opener
Patio And Porch Features
Patio
Roof
Flat, Shingle, Tile
Financial
Tax Year
2025
Taxes
$5,650
Map
Community
- Address8320 SW 161st Street Palmetto Bay FL
- SubdivisionSOUTHWOOD 1ST ADDN
- CityPalmetto Bay
- CountyMiami-Dade
- Zip Code33157
Subdivisions in Palmetto Bay
Market Summary
Current real estate data for Single Family in Palmetto Bay as of Oct 28, 2026
109
Single Family Listed
25
Avg DOM
576
Avg $ / SqFt
$1,691,968
Avg List Price
Property Summary
- Located in the SOUTHWOOD 1ST ADDN subdivision, 8320 SW 161st Street Palmetto Bay FL is a Single Family for sale in Palmetto Bay, FL, 33157. It is listed for $1,699,000 and features 5 beds, 3 baths, and has approximately 3,178 square feet of living space, and was originally constructed in 1961. The current price per square foot is $535. The average price per square foot for Single Family listings in Palmetto Bay is $576. The average listing price for Single Family in Palmetto Bay is $1,691,968.
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