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Single Family Residence
$1,495,000$693 / sqft
8520 SW 151st Street, Palmetto Bay FL 33158
Listed
4
Bedrooms
3
Bathrooms
2,156 sqft
Interior
1967
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to this stunning updated home in Palmetto Bay’s highly desirable Mangowood neighborhood. Situated on an expansive 15,525-square-foot lot, this residence offers space, privacy, comfort, and true South Florida indoor-outdoor living. The property features mature landscaping, a wide circular driveway, ample parking, a two-car garage, and additional side parking for a boat, camper, or recreational vehicles. Impact-resistant windows and doors throughout provide enhanced storm protection, safety, and peace of mind. Inside, bright living spaces feature polished natural-stone flooring, crown molding, recessed lighting, skylights, and abundant natural light. The open layout connects the living, dining, and kitchen areas. The beautifully updated kitchen features rich wood cabinetry, light-stone countertops, professional-grade Thermador appliances, gas cooking, multiple built-in ovens, wine and beverage coolers, and a large center island with seating. Outdoor living truly sets this home apart. Expansive glass doors open to an oversized, newly screened covered patio ideal for dining and entertaining. The new outdoor kitchen and bar features granite countertops, a built-in grill, cooking station, sink, refrigerator, storage, and bar seating. The private tropical backyard features mature palms, lush landscaping, a free-form swimming pool, and an expansive natural-stone pool deck. This impressive updated Mangowood residence embraces the very best of the South Florida lifestyle.
Features
- Cooking Island
- Stacked Bedroom
- Walk-In Closet(s)
- No Additional Rooms
- Built-In Grill
- Lighting
- Garden
- Pool
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.