NOT LISTED FOR SALE

16240 SW 88th Avenue Rd Palmetto Bay, FL 33157

Estimated Value: $966,000 - $1,358,000

4 Beds
2.5 Baths
2,638 Sq Ft
$435/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $685,000 $260 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,052/month

51 Days on Market

Highlights

  • Property has ocean access
  • In Ground Pool
  • Home fronts a canal
  • Coral Reef Elementary School Rated A
  • RV or Boat Parking
  • Ranch Style House

About This Home

As of September 2021

Great pool home in Palmetto Bay on an extra large lot on the North side of the canal for sale! Huge driveway, park your boat, RV and other toys. 2 car garage adds more space for storage, large, open floorplan, split layout. Master on one side, 3 guest rooms on the other side, all have access to pool area. Additional bonus room with closet can be used as an office or as the 5th bedroom! Great big space to entertain in the garden, around the pool deck and inside. Add your finishing touches and appreciate the convenient location, space and tranquility this home offers. This is the only pool home with 125' waterfront on the canal in the back yard right now. Contact listing agent for more details.

Last Agent to Sell the Property

Adrienne Malics-Lopez

Real Broker LLC License #3057596 Listed on: 07/03/2021

Real Broker LLC

Last Buyer's Agent

Mariele Jones

Edgar Jones & Company License #3272468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1969

Lot Details

  • 0.36 Acre Lot
  • 125 Ft Wide Lot
  • Home fronts a canal
  • North Facing Home
  • Property is zoned 2100

Parking

  • 2 Car Garage
  • Driveway
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Property Views

  • Canal
  • Garden

Home Design

  • Ranch Style House
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,638 Sq Ft Home
  • Family Room
  • Den
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Canal Width 1-80 Feet
  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Reef Ests 6Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-022-0140

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,676

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Ranch
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL REEF ESTS 6TH ADDN
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Walk-In Closet(s), Den/Library/Office, Family Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2638
  • Possible Use: Primary
  • Bedroom Features: Master Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Family Room

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Garden
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL REEF ESTS 6TH ADDN
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Rv/Boat Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-28-022-0140
  • Lot Size Sq Ft: 15625
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Sep 22, 2021
Sold by
Krassner Jake and The Alvin M Brandes Trust
Bought by
Guerrero Alfredo and Guerrero Polly
Seller's Agent
Adrienne Malics-Lopez
Real Broker LLC
Buyer's Agent
Mariele Jones
Edgar Jones & Company
List Price
$795,000
Sold Price
$685,000
Premium/Discount to List
-$110,000
-13.84%
Current Estimated Value
$1,147,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,655
Avg. Annual Appreciation
13.45%
Original Mortgage
$506,000
Outstanding Balance
$460,422
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$687,233

Purchase Details

Closed on
Dec 13, 2019
Sold by
Brandes Alvin M and Brandes Alvin
Bought by
Brandes Alvin M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guerrero Alfredo $685,000 Attorney
Brandes Alvin M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Alfredo $506,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $685,000 -13.8% $260 / Sq Ft
07/03/2021 07/03/21 For Sale $795,000 -- $301 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,392 $733,734 -- --
2024 $11,951 $713,056 -- --
2023 $11,951 $692,288 $0 $0
2022 $11,685 $639,192 $306,250 $332,942
2021 $9,597 $504,091 $245,000 $259,091
2020 $4,676 $273,948 $0 $0
2019 $4,569 $267,789 $0 $0
2018 $4,363 $262,796 $0 $0
2017 $4,345 $257,391 $0 $0
2016 $4,310 $252,097 $0 $0
2015 $4,382 $250,345 $0 $0
2014 $4,432 $248,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adrienne Malics-Lopez

    Seller's Agent in 2021

    Adrienne Malics-Lopez

    Real Broker LLC

    (786) 408-7427

    1 in this area

    37 Total Sales

    Adrienne Malics-Lopez
    Section Image
  • Mariele Jones

    Buyer's Agent in 2021

    Mariele Jones

    Edgar Jones & Company

    (786) 877-8024

    5 in this area

    18 Total Sales

    Mariele Jones
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11065902

MIAMI REALTORS® MLS

APN: 33-5028-022-0140

Florida Miami/Dade County Palmetto Bay 33157

16240 SW 88th Avenue Rd, Palmetto Bay, FL

This home is located at 16240 SW 88th Avenue Rd, Palmetto Bay, FL 33157 since 03 July 2021 and is currently estimated at $1,147,655, approximately $435 per square foot. This property was built in 1969. 16240 SW 88th Avenue Rd is a home located in Miami-Dade County with nearby schools including Coral Reef Elementary School, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes