Atlantic Luxury Advisors
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23 photos

7950 161st St

Palmetto Bay, FL 33157

$1,275,000
3
2
2,358 sq ft
15,600 sq ft
1961
2 car
Single Family Residence
203
Active

Listing courtesy of BHHS EWM Realty (Drew Kern). Contact: [email protected].

About this home

Fantastic 3 bdrm/2 bath (plus office) home with a wonderful floorplan in the Village of Palmetto Bay. Welcoming foyer entry. Spacious living area. Formal dining room. Open kitchen with counter seating, desk and pantry w/ adjacent breakfast area that could also be used as a family room.  French doors lead to the office, or playroom, with access to an enclosed patio. Indoor laundry room. Split floorplan with guest bedrooms and bath on one side. Private primary suite complete with large walk-in closet and a lovely view of the pool.  Fenced backyard with several mango and papaya trees, deep covered terrace and swimming pool with plenty of lawn beyond. New electrical panel, new AC and ductwork and impact windows & doors. 2 car side entry garage.

What it costs to own
Estimated monthly payment
$9,148/mo
Principal and interest
$6,447
Property tax
$1,901
Homeowners insurance
$800
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$22,815/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.