16040 SW 77th Ave Palmetto Bay, FL $ 1,975,000
16040 SW 77th Ave
$ 1,975,000
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16040 SW 77th Ave

Palmetto Bay, FL, 33157
$ 1,975,000
Bedrooms5 Baths4.0 Sq 4,311

Monthly Estimate*

$ 13,641

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Single Family Home for sale in Palmetto Bay, FL

for $1,975,000 with 5 bedrooms and 4 full baths. This 4,311 square foot home was built in 1987.

Most primary suites get a corner of the house. In this 5-bedroom, 4-bath canal-front pool home in Palmetto Bay, it gets the entire 2nd floor: a vaulted bedroom, a separate office up in the treetops, two walk-in closets, and bathroom with raised soaking tub & double vanities. French doors open to a private balcony, and a spiral staircase takes you straight down to the pool. Then there’s the living room: a 2-story wall of glass, a ceiling that soars to a tongue & groove peak, and a coral stone fireplace from floor to ceiling. The family room has a wet bar and French doors to the pool, and the kitchen’s pass-through window means drinks and plates go straight outside. Outside is the real prize: sparkling pool with waterfall, covered patio deep enough to actually live on, built-in grill under string lights, and yard that runs down to the canal, all shaded by big palms and mature trees. Grab a kayak and paddle right from your backyard. All on a 15,000 sq ft lot on a quiet dead-end street, with a circular driveway, 2-car garage, impact windows and doors, newer A/Cs and an indoor laundry room. It’s well insulated, so the power bills stay low. Minutes from Coral Reef Park and Old Cutler Road.

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Single Family Active

Price

$ 1,975,000

Bedrooms

5

Full Bath

4

Property Type

Single Family

Taxes

$ 12,752

Style

Year Built

1987

Town/City

Palmetto Bay

County/Region

Miami-Dade

MLS | Web ID

A12117764

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air Ceiling Fan(s)
Possession Closing & Funding
Roof Flat Tile
Appliances Built-In Oven Dryer Dishwasher Electric Range Electric Water Heater Disposal Microwave Refrigerator Water Purifier Washer
Garage Spaces 2
Patio/Porch Features Balcony Open Patio
Architectural Style Detached Two Story
Pool Features In Ground Pool
Security Features Smoke Detector(s)
Restrictions No Restrictions
Construction Materials CBS (Concrete Block Structure) Block
Pets Allowed Cats OK Dogs OK Yes
Year Built 1987
View Canal Pool
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Canal Front
County Miami-Dade
Property Type Residential
Attached Garage true
Subdivision Name SHEAR DEVELOPMENT SUB
Facing Direction East
Garage Y/N true
Total Rooms 0
Full Baths 4
Special Listing Conditions Listed As-Is
Status Active
High School Miami Palmetto
City Palmetto Bay
Disclosures Flood Plain Disclosure
Senior Community Y/N false
Zoning Description 2100
MLS Area 50
Lot Size Units Square Feet
Lot Size Square Feet 15001
Listing Terms Cash Conventional
Elementary School Coral Reef
Year Built Details Resale
Tax Annual Amount 12752
Middle/Junior High School Southwood
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12117764
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 736433
Property Sub Type Additional Single Family Residence
Legal Description SHEAR DEVELOPMENT SUB PB 128-72 LOT 9 BLK 1 LOT SIZE 15001 SQ FT F/A/U 30-5027-042-0090 OR 21135-2419 022003 1 COC 25523-0953 03 2007 1
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Interior
Interior Amenities Breakfast Area Bathtub Dining Area Separate/Formal Dining Room Dual Sinks Entrance Foyer Eat-in Kitchen French Door(s)/Atrium Door(s) Fireplace High Ceilings Jetted Tub Kitchen Island Sitting Area in Primary Separate Shower Upper Level Primary Bar
Flooring Hardwood Marble Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Casement Window(s) Impact Glass
Fireplace Y/N true
Half Baths 0
Laundry Features Laundry Tub
Total Bedrooms 5
Total Baths 4
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Exterior
Exterior Amenities Balcony Fence Lighting Outdoor Grill Patio
Parking Features Attached Circular Driveway Garage Paver Block On Street Garage Door Opener
Lot Features Flood Zone 1/4 to 1/2 Acre Lot Sprinklers Automatic
Water Source Public
Lot Size Area 15001
Spa false
Building Area Total 5582
Road Surface Type Paved
Frontage Length 0
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Door Features French Doors
Road Frontage Type City Street
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* Excluded Features
List By
Real Broker, Llc

Broker

lynley@lynleyresidential.com

Email

Affordability Calculator

$14,704
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,641
Monthly Property Taxes
$1,063
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
293021 Elementary School
4802177 Middle School
Miami Palmetto High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2026$1,975,000 Listed Price

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16040 SW 77th Ave, Palmetto Bay, FL, 33157 is a Single Family Home for sale at $1,975,000 with 4,311 sqft. 16040 SW 77th Ave has 5 bedrooms, 4.0 baths, and was built in 1987. The property's zip code is 33157 which is in Palmetto Bay, FL