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14500 SW 88th Ave # 247, Palmetto Bay FL 33176
About this home
Location! Rarely available in the highly desirable Palmetto Bay area, this beautifully remodeled second-floor residence is sure to impress. The unit features ceramic tile flooring throughout, hurricane-impact windows, a 2022 A/C system, LED lighting, and spacious, updated bedrooms and bathrooms. The galley-style kitchen is appointed with granite countertops, stainless steel appliances, and an electric range. Step out onto the oversized private balcony, perfect for relaxing or entertaining. Two assigned parking spaces are included.Enjoy spacious living areas and relax on your private balcony. Community amenities include a clubhouse and pool.. Conveniently located just steps from Publix and minutes from shopping, dining, parks, and top-rated schools. Investor-friendly—leasing is permitted during the first year of ownership. This exceptional opportunity won't last long!. Eligible for financing with as little as 5% down. No rental restrictions. Association approval required.
Features
- Second Floor Entry
- Closet Cabinetry
- Fire Sprinklers
- None
- Open Balcony
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
- $1,643
- HOA
- $692 / mo
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.