Home
$1,999,000
8600 SW 162nd Street, Palmetto Bay FL 33157 – Residential
162nd Street
- 6 beds
- 3 baths
- 3,369 sqft
5
Beds
3
Baths
2,347
SQUARE FEET
Single Family Residence
Type
1968
Built
Listing courtesy of
Xcellence
Timothy Moon
MLS® #A11942992
Listing information last updated June 18, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Xcellence — and every agent and broker in Miami — to get the deal done.
Overview
This single family residence in Cutler Bay has 5 bedrooms and 3 bathrooms across 2,347 square feet, and is listed for sale at $1,399,000 (about $596 per square foot). Built in 1968.
Stunning 5BD/3BA pool home on an oversized lot, currently operated as a fully managed, turnkey short-term rental! Come make this peaceful and tranquil retreat your new home! Enjoy the home when you want for personal use while it helps pay for itself—seller reports $10K+ per month in STR revenue with owner use (documentation available). Features include a heated pool, garage, gas appliances, and updated electric and plumbing. New metal and flat roof (2021) and new permitted bedroom and luxury bath added in 2023. Easy to insure and NOT in a flood zone (buyer to verify). Ideally located near many attractions from Miami Beach to Key Largo, making it a perfect midpoint for vacationers. Close to top South Miami private schools. New basketball hoop, trampoline, outdoor furniture, and backyard fencing. All furniture conveys with full-price offer.
Listing history
Price reduced
↓ $50,000 from $1,449,000 · May 25, 2026 · MIAMI MLS
$1,399,000
Listed for sale
Jan 10, 2026 · MIAMI MLS
$1,499,000
Days on market
as of today
193 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$18,929
Association type
None
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11942992
Price$1,399,000
Size2,347 Square Feet
Bedrooms5
Bathrooms3
Garage2
Year built1968
TypeSingle Family Residence
StatusFor Sale
Price / Square Feet$596
Features & amenities
Barbeque
Den/Library/Office
Dishwasher
Disposal
Dryer
Family Room
First Floor Entry
Garage Attached
Gas Range
Gas Water Heater
Great Room
Has a View
Has Cooling System
Has Garage
Has Heating System
Maid/In-Law Quarters
Microwave
Open Parking
Other
Other Equipment/Appliances
Refrigerator
Split Bedroom
Walk-In Closet(s)
Washer
Location
18555 SW 83rd Pl, Cutler Bay FL 33157
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Down (20%)—
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 193 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.