$1,995,000

16723 SW 78th Pl Palmetto Bay, FL 33157

$10,000
Closing credit¹
5 beds
4 full
3,535 sqft
$564 / sqft
House

Property details

About 16723 SW 78th Pl

Spacious 5 bd/ 4 bath home on a wonderful tree-lined street in Palmetto Bay. Fabulous formal living & dining rms w/ volume ceilings. Impact windows. True chef’s kitchen w/ gas stove, double wall ovens, wine coolers, ice maker & oversized eat-in island, opens to family rm w/ fireplace. Marble & wood floors. Nicely sized guest bdrms, 1 bdrm & full bath separate, perfect for an office. Grand primary suite w/ walk-in closets, bath w/ dual sinks, vanity, jetted tub, water closet. Fenced yard w/ deep covered terrace, remodeled, heated saltwater pool & spa plus covered summer kitchen area. Beautifully manicured landscaping. New central vacuum, security system. Newer AC units, ductwork & insulation. Circular driveway & 2 car side entry garage. A quick golf cart ride to Starbucks, Deering Estate.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingElectric
Size3,535 sqft
Year built1992
ParkingAttached, Circular Driveway, Driveway, Garage
MLS #A11760212
Attached garage2 spaces
ViewPool

Summary

  • Full Bathrooms: 4
  • Appliances: Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Hardwood, Marble, Wood
  • Interior: Breakfast Bar, Bidet, Built-in Features, Dining Area, Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, High Ceilings, Jetted Tub, Kitchen Island, Main Level Primary, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Total Bedroom Count: 5
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Driveway, Garage
  • View: Pool
  • Exterior: Fence, Security/High Impact Doors, Patio, Shed
  • Architectural Style: Detached, One Story
  • Heating: Central, Electric
  • Cooling: Electric
  • List Price: $1,995,000
  • Price/SqFt: $564
  • Annual Tax Amount: $9,703
  • Tax Year: 2023
  • Lot: Sprinklers
  • Year Built: 1992
  • Stories: 1
  • Living Area: 3,535 SqFt
  • MLS Number: A11760212
  • MLS Name: SEFMIAMI
  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 960-2400
  • Office Email: Kathy@ewm.com
  • Listing Agent: Drew Kern

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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16723 SW 78th Pl, Palmetto Bay, FL 33157 - view of front of home featuring stucco siding and a front yard

$1,995,000

16723 SW 78th Pl

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$568,788$9,703
2022$552,222$9,446
2021$536,138$9,446
2020$528,736$9,438
2018$507,212$8,667
2017$496,780$8,641

History based on county public records data.

Nearby schools

7

Dr. Henry E. Perrine Academy of the Arts

Public Magnet PK-5

1.0 mi

8851 SW 168th St

9

Coral Reef Elementary School

Public District PK-5

1.0 mi

7955 SW 152nd St

8

Whispering Pines Elementary School

Public District PK-5

1.9 mi

18929 SW 89th Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $149,030. Residents of Palmetto Bay, FL typically earn between $100k-200k each year. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

3%
<35k
17%
35k-100k
55%
100k-200k
25%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

15%
Single, No Kids
8%
Single, with Kids
37%
Married, No Kids
40%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
12%
12-17 yrs old
11%
18-34 yrs old
49%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 16723 SW 78th Pl

The listing price of 16723 SW 78th Pl property is $1,995,000.

The property 16723 SW 78th Pl is a house located in Palmetto Bay, Florida, 33157.

Active Listing: 16723 SW 78th Pl is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 16723 SW 78th Pl are: Dr. Henry E. Perrine Academy of the Arts (GreatSchools Rating 7/10), Coral Reef Elementary School (GreatSchools Rating 9/10), Whispering Pines Elementary School (GreatSchools Rating 8/10), Southwood Middle School (GreatSchools Rating 8/10), Palmetto Middle School (GreatSchools Rating 6/10), Richmond Heights Middle School (GreatSchools Rating 4/10), Coral Reef Senior High School (GreatSchools Rating 9/10), Biotech@Richmond Heights 9-12 High School (GreatSchools Rating 8/10), Dorothy M. Wallace Cope Center (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $9,703 (source: MLS/based on county public records data).

The property at 16723 SW 78th Pl has 5 bedrooms and 4 bathrooms.

The property 16723 SW 78th Pl is 3,535 SqFt (source: MLS/tax record).

The year of construction for 16723 SW 78th Pl is 1992.

This home is located at 16723 SW 78th Pl in Palmetto Bay, FL and zip code 33157 in the Cutler neighborhood. This 3,535 square foot home was built in 1992. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $1,995,000.

In May 2025 more than 0 listings in Palmetto Bay, FL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 19 were sold below. The number of listings in Palmetto Bay, FL increased by 17% between April and May 2025. In May 2025 median list price was $1,008,000 and the average listing age was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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