tomo logo

$1,585,000

Beds
5
Baths
3.0
sq ft
3,264

8481 SW 167th Ter, Palmetto Bay, FL 33157

8481 SW 167th Ter

Palmetto Bay, FL 33157

  • 138 days on market
    • Price drop $64,000↓
HOME JUST REDUCED for quick sale in the gated enclave of Flamingo Gardens Estates. Located in the sought after Village of Palmetto Bay. A wonderful 5/3, polished travertine, new appliances in 2022, new aluminum roof in 2021, exterior and interior paint 2022, all new high impact windows & doors, new AC unit installed this year, RV/boat parking pad. Could use a few updates, overall tho, great bones. All bedrooms are wonderfully large with 2 updated bathrooms. You will not be disappointed with this home...completely fenced for kids & pets, large pool, alfresco dining on Chicago brick pavers, and great entertaining areas for family gatherings. This exclusive and private community is close to shopping, excellent schools, parks, and restaurants. This home is on lockbox for easy showing.

Details

Property type

Single Family Residence

Est. home value

$1,367,082

Lot size

0.41 acres

Price per sq ft

$486

Year built

1993

Annual property taxes

$10,947

Monthly HOA fee

$150

Price History

01/18/2025
Beaches

Beaches #F10460372

Price change
$1,585,000
-3.88%
12/27/2024
Beaches

Beaches #F10460372

Price change
$1,649,000
-2.94%
10/23/2024
Beaches

Beaches #F10460372

Price change
$1,699,000
-5.35%

Schools & Community

Elementary school: 

Dr. Henry E. Perrine Academy Of The Arts

Middle school: 

Southwood

High school: 

Miami Palmetto

Community features: 

Gated

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

Quicken Loans Inc

Loan start date

August 2019

Original loan amount

$408,000

Est. remaining balance

$364,377

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Natalie Neff

Lender

Quicken Loans Inc

Loan start date

August 2019

Original loan amount

$408,000

Est. remaining balance

$364,377

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Natalie Neff

Lender

Gibraltar Private Bank & Trust Co

Loan start date

September 2015

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Natalie Neff

Lender

Gibraltar Private Bank & Trust Co

Loan start date

September 2015

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Natalie Neff

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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8605 SW 162nd St, Palmetto Bay, FL 33157

Status: Active

Tomo last checked: 01/22/2025 at 10:15 PM

Listing updated: 01/22/2025 at 1:21 PM

Listed by: Margaret La Rocca, Solid Rock Realty, Inc. Phone #: (954) 290-2772

MLS: Beaches #F10460372

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