16842 SW 86th Ave, Palmetto Bay FL 33157
About this home
Welcome to this spacious home in the highly sought-after community of Palmetto Bay, offering comfortable living with generous interior spaces and a functional layout. The home features expansive living and dining areas, abundant natural light, and a versatile floor plan designed for everyday living and entertaining. The sizeable lot provides ample outdoor space for relaxation, gardening, or hosting family and friends. Ideally located near top-rated schools, beautiful parks, shopping, dining, and major roadways, this home combines convenience with the charm of one of Miami-Dade's most desirable neighborhoods. Whether you're looking for a primary residence or an investment opportunity, this property offers exceptional value in a prime location. The seller does not accept blind offers or escalation clauses. Photos have been virtually staged. Furniture shown is for illustrative purposes only.
Features
- First Floor Entry
- Family Room
- 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
- $3,787
- 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.