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15200 SW 88th Ave, Palmetto Bay FL 33157

House For Sale
$1,149,000

BTC: 14.18518519

ETH: 469.17109024

83 days
3 bds
2 ba
2,536 sqft

Overview

BACK ON THE MARKET! The home wasn't the problem buyer's financing was! Sometimes real estate gives you a 2nd chance. A Rare opportunity to reimagine and transform this spacious Palmetto Bay residence situated on a rarely available 32,670 SF corner lot just moments from Coral Reef Park and top-rated schools. Offering spacious 2,536 SF of freshly painted living space and beautifully landscaped lot. This home features a desirable split-bedroom floor plan with formal living and dining rooms, a generous family room, side-entry two-car garage, and screened in pool & patio. The expansive grounds provide endless possibilities for renovation, expansion, or creating a custom estate tailored to your vision. Ideally located near Coral Reef Park, residents enjoy easy access to the park's newly completed recreation center, pickleball courts, tennis courts, volleyball facilities, playgrounds, walking paths, and year-round community activities. Surrounded by mature landscaping and established homes, this oversized property offers the space, privacy, and location that are increasingly difficult to find. Whether you're looking to renovate, update, or create your dream home, the potential here is truly exceptional. A rare chance to secure one of Palmetto Bay's most sought-after lot sizes and locations. Truly a MUST-SEE

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1969
Lot:
32670 Square Feet
Heating:
Central / Electric
Price/sqft:
$453
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,800,000
$1.2M – $2.5M
Confidence Low
List vs. estimate
$651K below estimate
List $1,149,000 · -36.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$453
-16.2% vs. city median $540
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $922K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,115
2025
Pool
In Ground
View
Garden
Garage
2 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Gas Water Heater

    • Washer

    Other interior features

    • First Floor Entry

    • Bar

    • Closet Cabinetry

    • Split Bedroom

    • Walk-In Closet(s)

    • Family Room

    • Utility/Laundry In Garage

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Driveway

    Property

    • Exterior Features: Lighting

    Lot

    • Lot: 32670 Square Feet

    Other Property Information

    • Parcel Number: 33-50-28-005-0500

    • Zoning: 2300

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $8,115

  • Source details

    • MLS ID: A12036425

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: In Garage

    • Lot Features: 3/4 To Less Than 1 Acre Lot

    • Patio And Porch Features: Open Porch / Patio

    • Pool Features: In Ground

    • Window Features: Hurricane Shutters

    • Direction Faces: East

    • Architectural Style: Detached / One Story

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2536

    • Water Source: Municipal Water

    • Subdivision Name: CORAL REEF ESTATES

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty