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8920 SW 162nd Ter, Palmetto Bay FL 33157
About this home
Experience luxury in this pristine 6-bedroom, 5-bathroom canal-front estate, ideally situated on a private cul-de-sac. Designed to impress the most discerning buyer, this exceptional residence welcomes you with an elegant entry featuring a beautiful fountain, grand French doors, marble flooring, and a sophisticated formal living room with a fireplace. The recently updated chef’s kitchen is equipped with top-of-the-line appliances, an oversized center island, and stunning views of the resort-style pool, creating the perfect setting for both everyday living and entertaining. The expansive primary suite offers a private retreat with a spa-inspired bathroom, digital shower system, Jacuzzi tub, and dual custom California walk-in closets. Additional highlights include a spacious upstairs flex suite, a resort-style pool, a whole-house Kohler generator, and beautifully landscaped grounds. The impressive circular driveway, expansive turnaround area, and three-car garage provide ample space for guests and gatherings. Set on more than half an acre, the property features over nine mature fruit trees and thoughtfully designed vegetable gardens. Built in 2008, the home benefits from modern construction standards that may contribute to lower insurance costs. Meticulously maintained and truly move-in ready, this exceptional property offers the perfect blend of luxury, comfort, and functionality.
Features
- First Floor Entry
- Storage
- Utility Room/Laundry
- Lighting
- Fruit Trees
- Garden
- Water
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $12,009
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.