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16601 SW 87th Ct, Palmetto Bay FL 33157
About this home
Step into timeless elegance at this meticulously remodeled residence, where high design meets relaxed Florida living. Situated on a generous 15,000 sq. lot in one of Palmetto Bay's most exclusive enclaves, this home offers curated interiors, soaring vaulted ceilings, impact doors and windows, and best-of-the-best finishes throughout. The chef's kitchen is a masterpiece crafted with sleek quartz countertops, custom cabinetry, and premium appliances. Spacious living areas flow effortlessly into the backyard oasis, sparkling pool, custom-built pergola, and fully outfitted outdoor kitchen set the stage for unforgettable entertaining. Whether you're hosting under the stars or enjoying quiet moments in your private retreat, this home offers a rare blend of sophistication, comfort, and lifestyle.
Features
- First Floor Entry
- Florida Room
- Utility Room/Laundry
- Fruit Trees
- Other
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
- $8,090
- 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.