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Backup Offers

8940 SW 160th St, Palmetto Bay, FL, 33157

$1,099,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,878 SqFt
$382/SqFt
House

Location

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8940 SW 160th St, Palmetto Bay$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway
Garage2 spaces
Year Built1992
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontCanal
ViewCanal, Pool
MLS #A11677229
StatusAccepting Backup Offers
(Active Under Contract)

About 8940 SW 160th St

Enchanting Palmetto Bay 2-story 5B/3B home!This spacious property is a picturesque blend of modern comfort & natural beauty.Inside find a formal living/dining area w/ soaring ceilings,a kitchen flowing into the family room, & a screened-in patio with a pool & waterfall,all with expansive canal views!There is 1 BD/1BA downstairs & 4BD/2BA upstairs including a generous primary suite.The white picket-fenced side yard features mango trees & inviting seating areas for play & gatherings.Eco-conscious w/ solar panels, propane tank, & a generator, this home keeps energy costs low.The welcoming neighborhood is perfect for families & pet owners, w/a voluntary WhatsApp group keeping everyone informed & engaged in local happenings.Who is ready to make new memories and call this beautiful house,home?

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 1992
  • Stories: 2
  • Living Area: 2,878 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Adam Levy

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Bidet, Bedroom on Main Level, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), First Floor Entry, High Ceilings, Kitchen Island, Separate Shower, Upper Level Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Canal
  • View: Canal, Pool
  • Exterior: Enclosed Porch, Fence, Fruit Trees, Lighting, Porch, Patio, Shutters Electric, Storm/Security Shutters

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Circular Driveway

Virtual/3D Tour

  • Virtual Tour: 8940 SW 160th St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
  • Price Per SqFt: $382/SqFt

Tax Information:

  • Annual Amount: $8,013
  • Tax Year: 2020
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Housing Market Comparison

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

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Palmetto Bay, FL

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$437

Avg. Days On Market

44

# of Sold Homes

31

8940 SW 160th St vs Palmetto Bay

73 DAYS ON ROCKET

+29 Days

$1,099,000

+$88K More

$382/SqFt

-$56 Less

KEY TAKEAWAY

This property is $88K more than the Median Sold Price and $56/SqFt less 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: #A11677229

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Adam Levy

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: 12/30/2024, 10:20:51 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$8,013$459,226
2018$7,790$416,885
2017$7,756$407,094

History based on county public records data.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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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-2242873
8
/10

  • Dr. Henry E. Perrine Academy of the Arts

  • 8851 SW 168th St

  • 0.46 miles

  • Public Magnet Grades PK-5

school-card-donut-2242874
9
/10

  • Coral Reef Elementary School

  • 7955 SW 152nd St

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-2242875
4
/10

  • Robert Russa Moton Elementary School

  • 18050 Homestead Ave

  • 1.69 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,780. Residents of Palmetto Bay, FL typically earn between $100k-200k each year. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8940 SW 160th St

What is the listing price of this property?

The listing price of 8940 SW 160th St property is $1,099,000.

What type of property is this?

The property 8940 SW 160th St is a house located in Palmetto Bay, Florida, 33157.

Is this property for sale now?

Accepting Backup Offers: 8940 SW 160th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,013 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8940 SW 160th St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 8940 SW 160th St is 2,878 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8940 SW 160th St is 1992.

Rocket Homes›Florida›Miami-Dade County›Palmetto Bay›33157›8940 SW 160th St

This home is located at 8940 SW 160th St in Palmetto Bay, FL and zip code 33157 in the Cutler neighborhood. This 2,878 square foot home was built in 1992. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $1,099,000.

Palmetto Bay, FL housing market in November 2024 saw over 0 listings sold above listed price, more than 15 sold at listed price and over 16 sold below. The inventory of homes for sale in Palmetto Bay, FL between October 2024 and November 2024 increased by 5.4%. The median list price of listings available in November 2024 was $1,011,000, while the average time on the real estate market was 44 days.

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

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