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Single Family Residence at 7845 SW 161st St, Palmetto Bay FL 33157Pending
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Single Family Residence
$1,550,000$655 / sqft

7845 SW 161st St, Palmetto Bay FL 33157

4
Bedrooms
3
Bathrooms
2,368 sqft
Interior
1961
Year built
None
HOA
Single Family Residence
Type

About this home

This is the home you have been waiting for. This is a fully renovated 4 bedroom, 3 bathroom property on a 15,000 sqft lot in one of the quietest streets in Palmetto Bay. All work on this property has been done with permits including a new roof, flooring, kitchen, bathrooms, impact windows, electrical, plumbing and HVAC systems. The 2-car garage was finished with epoxy flooring, the bedroom closets have been built out with built in cabinetry. Meticulously finished with top of the line finishes and materials to give it a sense of warmth and luxury.

Features

  • First Floor Entry
  • Bar
  • No Additional Rooms
  • Fruit Trees
  • Garden

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$7,838

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$7,838
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.

Courtesy of
Marquee Real Estate Group, LLC

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.

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 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.