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Single Family Residence at 18250 SW 88th Pl, Palmetto Bay FL 33157Pending
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Single Family Residence
$895,000$525 / sqft

18250 SW 88th Pl, Palmetto Bay FL 33157

3
Bedrooms
2
Bathrooms
1,705 sqft
Interior
1973
Year built
None
HOA
Single Family Residence
Type

About this home

Refined Palmetto Bay residence set on an oversized 16,000 SF corner lot, combining modern upgrades with a highly functional layout. This home features impact windows, a newer roof, newer A/C system, and updated electrical—offering both comfort and long-term confidence. Interior spaces are filled with natural light and designed with an effortless flow between living, dining, and entertaining areas. Bedrooms are well-proportioned with generous storage, supporting a variety of lifestyle needs. Outdoor living is anchored by a private pool and expansive corner lot, creating a rare opportunity for open-air living, entertaining, and future customization. Additional flexibility includes RV hookup and/or dedicated space for boat storage, adding exceptional utility for recreational lifestyles. Ideally positioned on a quiet street in one of Palmetto Bay’s most sought-after neighborhoods, with close proximity to top-rated schools, parks, dining, shopping, and major commuter routes. A compelling offering that blends land, location, and upgraded infrastructure in a premier South Florida community.

Features

  • First Floor Entry
  • French Doors
  • Pantry
  • Family Room
  • Garden
  • Pool

Location

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

Estimated loan & HOA

$4,526

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

Principal & interest
$4,526
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
Compass Florida, 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.