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Single Family Residence at 8240 SW 150 Dr, Palmetto Bay FL 33158Pending
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Single Family Residence
$1,399,000$587 / sqft

8240 SW 150 Dr, Palmetto Bay FL 33158

4
Bedrooms
3
Bathrooms
2,382 sqft
Interior
1959
Year built
$3 / mo
HOA
Single Family Residence
Type

About this home

Exceptional opportunity to own a beautifully maintained Mangowood pool home on an oversized 15,600 SF lot. NOW COMPETITIVELY PRICED to reflect today's market while offering the perfect opportunity to add your own personal touches over time. This spacious 4-bedroom, 2.5-bath home offers the ideal blend of comfort, functionality, and exceptional indoor-outdoor living. The updated kitchen with premium Bosch appliances opens to an oversized family room and private courtyard, creating inviting spaces for everyday living and entertaining. Enjoy your own backyard retreat featuring a sparkling pool, expansive covered terrace, large gazebo, mature avocado tree, and plenty of green space for relaxing, entertaining, and family gatherings. A versatile 5th room is perfect for a home office, playroom, den, guest room, or potential fifth bedroom. Additional highlights include an oversized circular driveway, RV and boat parking on both sides of the home, and a prime location within walking distance of Coral Reef Park and just minutes from top-rated schools, shopping, dining, and everything that makes Palmetto Bay one of South Florida's most desirable communities. Move right in or update over time to match your personal style while enjoying exceptional space, an oversized lot, and the lifestyle that makes Mangowood so desirable. Don't miss this incredible opportunity!

Features

  • First Floor Entry
  • Closet Cabinetry
  • Laundry Tub
  • Pantry
  • Roman Tub
  • Den/Library/Office
  • Family Room
  • Great Room
  • Utility Room/Laundry
  • Lighting
  • Fruit Trees
  • None

Location

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

Estimated loan & HOA

$7,077

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

Principal & interest
$7,074
HOA
$3 / 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.

Courtesy of
EXP Realty South 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.