new - 5 days on rocket

8120 SW 162nd St, Palmetto Bay, FL, 33157

$1,275,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,466 SqFt
$517/SqFt
House

Location

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8120 SW 162nd St, Palmetto Bay$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Driveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1977
HeatingCentral
CoolingCentral Air
ViewGarden, Other
MLS #A11688118
StatusActive

About 8120 SW 162nd St

Quiet corner lot with privacy. Great location to schools, parks and wonderful community! Plans approved/permits that have been paid for will be included in the price and transferred to Buyer along with renderings designed by Architectural Firm. Jennings style 4/3 open floor plan with fireplace and spacious newly designed kitchen w/Butler's pantry. All recessed lighting installed; all impact windows and door throughout. Spanish 4X4ft tile flooring will also be included in the sale, just needs install. Kitchen/bathroom install to be completed by Buyer. Most of the renovation has been completed by Seller and plumbing/electrical approvals up to where reno is at now. Must be a qualified Buyer ready to finish the renovation.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1977
  • Stories: 1
  • Living Area: 2,466 SqFt

Listing Office:

  • Office Name: Luxe Properties
  • Office Phone: (305) 809-7650
  • Listing Agent: Pilar Aviles

Interior Features

Interior Information:

  • Flooring Type: Other
  • Interior: Dual Sinks, First Floor Entry, Fireplace, Kitchen/Dining Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden, Other
  • Exterior: Security/High Impact Doors, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 8120 SW 162nd St
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000
  • Price Per SqFt: $517/SqFt

Tax Information:

  • Annual Amount: $9,520
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmetto Bay, FL.

Med. Sold Price

$1.0M

Med. Price/SqFt

$444

Avg. Days On Market

45

# of Sold Homes

24

8120 SW 162nd St vs Palmetto Bay

5 DAYS ON ROCKET

-40 Days

$1,275,000

+$225K More

$517/SqFt

+$73 More

KEY TAKEAWAY

This property is $225K more than the Median Sold Price and $73/SqFt more than other homes in Palmetto Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11688118

Listing Office:

  • Office Name: Luxe Properties
  • Office Phone: (305) 809-7650
  • Listing Agent: Pilar Aviles

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,520$503,026
2018$9,168$495,282
2017$9,155$485,226

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-949275
9
/10
  • Coral Reef Elementary School

  • 7955 SW 152nd St

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-949276
8
/10
  • Dr. Henry E. Perrine Academy of the Arts

  • 8851 SW 168th St

  • 0.77 miles

  • Public Magnet Grades PK-5

school-card-donut-949277
7
/10
  • Howard Drive Elementary School

  • 7750 SW 136th St

  • 1.69 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $149,030. Typical income of Palmetto Bay, FL residents is between $100k-200k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8120 SW 162nd St

What is the listing price of this property?

The listing price of 8120 SW 162nd St property is $1,275,000.

What type of property is this?

The property 8120 SW 162nd St is a house located in Palmetto Bay, Florida, 33157.

Is this property for sale now?

Active Listing: 8120 SW 162nd St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,520 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8120 SW 162nd St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8120 SW 162nd St is 2,466 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8120 SW 162nd St is 1977.

Rocket HomesFloridaMiami-Dade CountyPalmetto Bay331578120 SW 162nd St

This home is located at 8120 SW 162nd St in Palmetto Bay, FL and zip code 33157 in the Cutler neighborhood. This 2,466 square foot home was built in 1977. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $1,275,000.

Over 3 listings were sold over their listed price in October 2024 in Palmetto Bay, FL. In the same period over 14 listings were sold below the listed price and 7 listings were sold for the listed price. In October 2024 in Palmetto Bay, FL there were 10.5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,050,000, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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