$490,000
$110K PRICE DROP

8920 SW 157th St Palmetto Bay, FL 33157

Estimated payment $3,281/month

Total Views 4,259
0.17 Acre
$2,882,353 Price per Acre
7,260 Sq Ft Lot

Highlights

  • No HOA
  • Coral Reef Elementary School Rated A
  • Landscaped with Trees

About This Lot

Investor opportunity or build-your-own dream home! In a sought-after neighborhood with incredible potential!

Listing Agent

Mario Avalos

K & A Realty License #3221390 Listed on: 09/26/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,399

Lot Details

  • 7,260 Sq Ft Lot
  • North Facing Home
  • Landscaped with Trees
  • Property is zoned 0100

Community Details

  • No Home Owners Association
  • Coral Reef Homesites Condos
  • Coral Reef Homesites Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-001-0470

Property Details

Property Type

Land

Est. Annual Taxes

$8,399

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.17
  • New Construction: No
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: CORAL REEF HOMESITES
  • CurrentPrice: 490000
  • InternetRemarks: Investor opportunity or build-your-own dream home! In a sought-after neighborhood with incredible potential!
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Exterior Features

  • Direction Faces: North
  • Lot Features: Other
  • Other Structures: Other Bldg Incl, Run Down
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL REEF HOMESITES

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 33-50-28-001-0470
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 7260
  • Zoning: 0100

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8399

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,399 $406,351 $246,840 $159,511
2024 $7,614 $428,566 -- --
2023 $7,614 $389,606 $0 $0
2022 $6,702 $354,188 $188,760 $165,428
2021 $4,129 $242,437 $159,720 $82,717
2020 $5,149 $259,714 $176,160 $83,554
2019 $4,958 $248,876 $165,150 $83,726
2018 $1,498 $165,479 $0 $0
2017 $1,513 $162,076 $0 $0
2016 $1,512 $158,743 $0 $0
2015 $1,544 $157,640 $0 $0
2014 $1,584 $156,389 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Price Changed $490,000 -6.7% $421 / Sq Ft
11/14/2025 11/14/25 Price Changed $525,000 -4.5% $451 / Sq Ft
10/08/2025 10/08/25 Price Changed $550,000 -8.3% $473 / Sq Ft
09/19/2025 09/19/25 For Sale $600,000 -- $516 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 Mv Title Inc
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11885636

MIAMI REALTORS® MLS

APN: 33-5028-001-0470