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$2,400,000

Beds
4
Baths
3.0
sq ft
3,662

15800 SW 79th Ave, Palmetto Bay, FL 33157

15800 SW 79th Ave

Palmetto Bay, FL 33157

  • 305 days on market
    • Price drop $350,000↓
Old Florida Home on 1.95 acres in Palmetto Bay! Crown jewel looking for only its fourth homeowner ever. Improve the existing structure and enjoy all that is South Florida living. Or, build your statement home on this beautiful piece of land. Walk to Coral Reef Park, Southwood Middle School. Once in a lifetime opportunity to lay claim on a unique home and property. Great for hosting large gatherings, a pool, a chickee hut and a gorgeous yard offer quiet enjoyment. The coolest residence in Palmetto Bay makes for a complete family compound. Live, love, laugh, work from home, study at home, play and mingle with multiple generations. Plenty of room for parking your boat or RV. 5 car garage or storage, you decide. Tin roof installed after Andrew. Click tour to see the 3D virtual tour. See survey

Details

Property type

Single Family Residence

Est. home value

$1,468,404

Lot size

1.92 acres

Price per sq ft

$656

Year built

1922

Annual property taxes

$8,314

Price History

08/07/2024
SEF

SEF #A11509399

Price change
$2,400,000
-12.73%
01/05/2024
SEF

SEF #A11509399

Listed
$2,750,000

Schools & Community

Elementary school: 

Coral Reef

Middle school: 

Southwood

High school: 

Miami Palmetto

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sunstate Bank

Loan start date

October 2020

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

2.93%

Loan type

Credit Line (Revolving), 10 year

Seller

Paul R Neidhart and Lois M Neidhart

Lender

Sunstate Bank

Loan start date

October 2020

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

2.93%

Loan type

Credit Line (Revolving), 10 year

Seller

Paul R Neidhart and Lois M Neidhart

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 9:30 AM

Listing updated: 09/30/2024 at 5:29 PM

Listed by: Liede DeValdivielso, The Keyes Company Phone #: (305) 443-7423

MLS: SEF #A11509399

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