Coral Reef Estates Recently Sold & Values, Palmetto Bay
9 homes sold in Coral Reef Estates, Palmetto Bay in the six months to October 30, 2026, at a median $950,000 ($558 per square foot) and 95.5% of the asking price, after an average 62 days on the market; 4 are for sale now.
Recent Coral Reef Estates sales show what buyers paid. A strategy review shows what they mean for your home.
Every home, condo and townhome that closed in Coral Reef Estates, Palmetto Bay, Florida in the last six months, newest first, with the sale price and days on market straight from BeachesMLS.
Homes that closed in Coral Reef Estates, Palmetto Bay in the last six months, newest first, with the sale price, price per square foot and days on market for each. Ranch homes and canal lots in north central Palmetto Bay. These closings are what a Coral Reef Estates valuation is built on.
Coral Reef Estates Market at a Glance
Updated October 30, 2026 from BeachesMLS: homes and condos in Coral Reef Estates, Palmetto Bay.
| Active listings | 4 |
|---|---|
| Median list price | $1,112,000 |
| Median list price per sq ft | $507/sq ft |
| Average days on market | 25 days |
| Sold in the last 180 days | 9 |
| Median sold price (180 days) | $950,000 |
| Median sold price per sq ft | $558/sq ft |
| Average days to sell | 62 days |
| Sale price as % of list price | 95.5% |
| Months of inventory | 2.7 months |
| Median sold price vs. a year ago | -13.6% |
Source: BeachesMLS, listings whose subdivision or remarks name Coral Reef Estates. Sold figures cover closings in the last 180 days, compared with the same 180 days one year earlier. Not an appraisal.
9 sales, newest first.
The 9 sales on this page run from $833,000 to $1,915,000, with a median of $950,000, about $558 per square foot, and they sold in a median of 50 days.
The community with the most sales here is Coral Reef Estates (8), 8 of the 9; the others are spread across 1 more community. All of them are single-family homes. Bedrooms run from 3 to 6, a median of 3; they were built between 1958 and 1969, a median of 1965. 7 of the 9 had a pool.
Sold $905,000
Closed Oct 26, 2026 · 15700 SW 87th Avenue, Palmetto Bay FL 33157
4 bd · 2 ba · 1,622 sq ft · $558/sq ft · 154 days on market · 100.7% of list priceSold $1,915,000
Closed Oct 14, 2026 · 8600 SW 162nd Street, Palmetto Bay FL 33157
6 bd · 3 ba · 3,369 sq ft · $568/sq ft · 49 days on market · 95.8% of list priceSold $922,000
Closed Oct 9, 2026 · 15200 SW 88th Avenue, Palmetto Bay FL 33157
3 bd · 2 ba · 2,536 sq ft · $364/sq ft · 96 days on market · 80.2% of list priceSold $1,450,000
Closed Jul 20, 2026 · 15845 SW 87th Avenue, Palmetto Bay FL 33157
4 bd · 3 ba · 3,000 sq ft · $483/sq ft · 6 days on market · 90.9% of list priceSold $885,000
Closed Jul 10, 2026 · 15821 SW 86th Avenue, Palmetto Bay FL 33157
3 bd · 2 ba · 1,436 sq ft · $616/sq ft · 58 days on market · 99.4% of list priceSold $1,200,000
Closed Jun 24, 2026 · 8860 SW 155th Terrace, Palmetto Bay FL 33157
3 bd · 2 ba · 2,274 sq ft · $528/sq ft · 50 days on market · 90.3% of list priceSold $980,000
Closed Jun 3, 2026 · 15720 SW 87th Court, Palmetto Bay FL 33157
3 bd · 2 ba · 1,504 sq ft · $652/sq ft · 7 days on market · 100% of list priceSold $950,000
Closed May 22, 2026 · 8700 SW 159th Street, Palmetto Bay FL 33157
3 bd · 2 ba · 1,902 sq ft · $499/sq ft · 125 days on market · 95.5% of list priceSold $833,000
Closed May 11, 2026 · 15501 SW 88th Avenue, Palmetto Bay FL 33157
3 bd · 2 ba · 1,470 sq ft · $567/sq ft · 12 days on market · 92.6% of list price
Reading Coral Reef Estates, Palmetto Bay Sales
Each sale shows the closing price, the closing date, the price per square foot and the days on market. Compare the closing price with the last asking price to see how much room there was to negotiate, and compare days on market across sales to see which homes were priced right from the start.
Recent Sales Are What a Valuation Is Built On
An estimate of your home's value starts from the closed sales closest to it in place, size, age and features, adjusted for what is different. These are those sales. Request a free valuation and a BreakThru broker prepares it from the ones that match your home, or ask for a comparative market analysis before you list.
What Homes in Coral Reef Estates Are Selling For
9 homes closed in Coral Reef Estates in the last 180 days at a median of $950,000, or $558 per square foot, after 62 days on the market on average, and sellers achieved 95.5% of asking. The median is down 13.6% on the same period a year earlier. With a small number of sales a single large or small home can move a median, which is why a valuation works from the individual closings rather than from this figure.
What Buyers Pay For in Coral Reef Estates
Coral Reef Estates is a series of plats in north central Palmetto Bay, recorded as Coral Reef Estates and its numbered additions, on streets around SW 156th to SW 162nd Streets near SW 87th to SW 89th Avenues. The houses are single story homes built around 1970, with three and four bedrooms on lots from under a fifth of an acre to more than a third, and the additions along the canal put water behind some of them. Many have been remodeled with open kitchens, impact windows and new air conditioning. Coral Reef Elementary and Coral Reef Park share the name and are a short drive away. Ask whether the canal behind a lot connects to Biscayne Bay before you pay extra for it. Those are the things a Coral Reef Estates buyer compares from one home to the next, and they are what separate a sale at the top of the range from one at the bottom.
Coral Reef Estates Against the Palmetto Bay Average
A Palmetto Bay-wide figure blends every neighborhood, every property type and every condition. Coral Reef Estates has its own buyers and its own price range, so a home here is valued against Coral Reef Estates closings first and against the nearest comparable streets only when there are too few. There are 4 homes for sale in Coral Reef Estates today at a median asking price of $1,112,000, about 2.7 months of supply: that is the competition a new listing is priced against.
How to Get Your Coral Reef Estates Home Value
Enter your address on this page. A BreakThru Realty broker pulls the Coral Reef Estates closings that match your home, adjusts them for size, condition, lot and view, and calls you within one business day with a written value range and the sales behind it. It is free and carries no obligation, and it extends into a full comparative market analysis and a net proceeds estimate if you are thinking of listing.
Coral Reef Estates Home Values: Frequently Asked Questions
- How much is my house worth in Coral Reef Estates?
- Homes in Coral Reef Estates closed at a median of $950,000 in the last 180 days ($558 per square foot), but your value comes from the individual Coral Reef Estates closings that match your home's size, lot, condition and view. Enter your address on this page and a broker sends you a written range with the sales behind it, free.
- What is the price per square foot in Coral Reef Estates?
- The median sold price per square foot in Coral Reef Estates over the last 180 days is $558, against $507 for the homes currently listed. Price per square foot falls as homes get larger and rises sharply with water, view and renovation, so use it to compare similar homes, not to price one.
- How fast do homes sell in Coral Reef Estates?
- Homes that closed in Coral Reef Estates in the last 180 days took 62 days on average to go under contract, and there are about 2.7 months of supply on the market. Correctly priced homes sell faster than the average, because the average includes every listing that needed a price reduction first.
- Where can I see what sold recently in Coral Reef Estates?
- The newest Coral Reef Estates closings are on this page with the sale price and days on market for each, and the full six months are on the Coral Reef Estates recent sales page linked below. They come straight from BeachesMLS and update daily.
Selling in Coral Reef Estates? Your Buyer May Already Be Looking.
The closings on this page are what your home's value is built on. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Request a review and a broker prices your home from these sales, checks it against the buyers on file and tells you what the records show.
- A value range built from comparable Coral Reef Estates, Palmetto Bay sales, with the reasoning
- Whether a buyer already working with BreakThru Realty is looking for a property like yours
- The plan that reaches the rest of the market if no buyer on file fits
- An estimate of your selling costs and what you would keep after closing
- Your timing, privacy and goals, worked through before anything is listed
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Investing in Palmetto Bay?
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