See Home Value
$894,735*
House - Off Market

16240 SW 88th Ave Rd

Palmetto Bay, FL 33157
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3487 Sqft
$716,000 - $874,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 05, 2021
$685,000
$506,000 by Loandepot.com Llc
Mortgage Due Oct 01, 2051

About This Property

Great pool home in Palmetto Bay on an extra large lot on the North side of the canal for sale! Huge driveway, park your boat, RV and other toys. 2 car garage adds more space for storage, large, open floorplan, split layout. Master on one side, 3 guest rooms on the other side, all have access to pool area. Additional bonus room with closet can be used as an office or as the 5th bedroom! Great big space to entertain in the garden, around the pool deck and inside. Add your finishing touches and appreciate the convenient location, space and tranquility this home offers. This is the only pool home with 125' waterfront on the canal in the back yard right now. Contact listing agent for more details.

The manager has listed the unit size as 3487 square feet.
Unit Size
3,487Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$228
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1969

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Oct 5, 2021 Sold to Alfredo Guerrero, Polly Gue... $685,000
Sold to Alfredo Guerrero, Polly Gue...
Aug 25, 2021 In contract -
In contract
Aug 5, 2021 Relisted $795,000
Relisted
Jul 30, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 270
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,625
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,487
  • Gross Building Area: 3,487
  • Building Area: 2,638
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,638
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL REEF ESTATES 6TH ADDN
  • Land Acres: 0.359
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB 86-27 CORAL REEF ESTATES 6TH ADDN LOT 7 BLK 24 LOT SIZE 125.000 X 125 OR 14992-64 0491 1 F/A/U 30-5028-022-0140

Ownership

  • Current Owner : GUERRERO ALFREDO
  • Current Owner 2: GUERRERO POLLY
  • Previous Owner : KRASSNER JAKE
  • Previous Owner 2: THE ALVIN M BRANDES TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: PALMETTO BAY
  • Census Tract: 008202

Zoning

  • Zoning: 2100

Geography

  • Assessors Map Reference: 311
  • District: 33
  • Parcel: 33-5028-022-0140
  • Block: 24
  • Lot: 7
  • Meridian: SEC 28 TWN 55S RNG 40E
  • Municipality: PALMETTO BAY
  • Latitude: 25.6189
  • Longitude: -80.3348

    Address

  • Full Address: 16240 Sw 88th Avenue Rd
  • Address - House Number: 16240
  • Street Direction: SW
  • Address - Street Name: 88th Avenue
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palmetto Bay
  • Carrier Code: C002
  • 4-Digit Zip Code: 3508
  • Zip Code: 33157

Valuation

    Tax

  • Total Area: 2,982
  • Tax Year: 2023
  • Tax Amount: $11,951
  • Tax Rate Code Area: 3300

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,056,514
  • High Value: 1,244,687
  • Low Value: 868,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $506,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $506,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $746,370
  • Market Land Value: $398,125
  • Market Improvement Value: $348,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $692,288

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11860184558
  • Current Sale Price: $685,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0738165

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $506,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,699 ft²
$193/ft²
$714,000 Nov 6, 2018
-
-
House
4 Beds
3 Baths
2,742 ft²
$346/ft²
$950,000 Dec 14, 2022
-
$842/mo
House
4 Beds
4 Baths
2,961 ft²
$280/ft²
$829,000 Aug 21, 2018
-
-
House
4 Beds
2 Baths
2,829 ft²
$226/ft²
$639,000 Jul 11, 2018
-
-
House
4 Beds
3 Baths
2,337 ft²
$374/ft²
$875,000 Mar 11, 2023
-
$430/mo
House
3 Beds
2 Baths
1,895 ft²
$422/ft²
$799,900 Aug 24, 2022
-
$684/mo
House
3 Beds
2 Baths
1,576 ft²
$492/ft²
$775,000 Mar 2, 2023
-
$337/mo
House
3 Beds
2 Baths
1,352 ft²
$576/ft²
$779,000 Feb 5, 2023
-
$228/mo
House
3 Beds
2 Baths
1,498 ft²
$567/ft²
$850,000 Jan 20, 2023
-
$356/mo
House
3 Beds
2 Baths
1,467 ft²
$442/ft²
$649,000 Jul 31, 2022
-
$691/mo
House
3 Beds
2 Baths
1,659 ft²
$391/ft²
$649,000 Jan 8, 2023
-
$557/mo
House
6 Beds
4 Baths
2,992 ft²
$300/ft²
$899,000 Dec 15, 2022
-
$1,287/mo

About Palmetto Bay


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Frequently Asked Questions

When was property at 16240 Southwest 88 Avenue Road built and last sold?
The property at 16240 Southwest 88 Avenue Road was built in 1969 and last sold on Sep 22, 2021 for $685,000.
How much is this home worth?
The estimated value of the home located at 16240 Southwest 88 Avenue Road is $855,878.
What are some comparable homes to 16240 Southwest 88 Avenue Road?
There are currently no comparable homes to 16240 Southwest 88 Avenue Road.

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