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20551 SW 162nd Ave, Miami, FL 33187

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For Sale

$16,900,000

10 beds • 10 baths • 1 half baths • 27,808 sqft

Estimated Payment

$ 97,776 /mo. †

6.65% APR for 30 yrs.
$131,784 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $607.74
    Price per square foot

  • New Construction, 1-5 Years Old
    Age

Explore this Property

Welcome to "The Palace," an extraordinary estate nestled in Redland, sprawling over 18 acres that encapsulate a blend of luxury, privacy, and nature. This magnificent compound is a marvel of architecture and design, featuring an expansive 33,067 Sq Ft residence with 10 bedrooms and 11 bathrooms, tailored for sophisticated living and unparalleled entertaining. The estate s outdoor charm is highlighted by a state-of-the-art L-shaped pool with waterfalls, a jacuzzi, a cold plunge, and an outdoor kitchen and extensive entertaining area. The property also features a private lake for cliff jumping, surrounded by tropical gardens and a diverse collection of exotic fruit trees, offering a serene retreat from the outside world.
MLS# A11555910

Courtesy Of Compass Florida LLC

(305) 851-2820

Property Features

  • Age
    New Construction, 1-5 Years Old
  • Amenities
    Sky light, Disabled Access, Elevator, Water Front, Cable Ready
  • Appliances
    Oven, Range, Refrigerator
  • Architecture Style
    Mediterranean
  • Cooling System
    Zoned A/C
  • Exterior Type
    Block
  • Floor Covering
    Hardwood, Marble, Wood
  • Heating System
    Central Furnace
  • Roof Type
    Tile
  • View Type
    Lake

Map and Directions

Directions to 20551 SW 162nd Ave, Miami, FL 33187

Home seller CENTURY 21 Dorar Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Dorar Realty

(305) 264-6000
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $86,794
  • Property Taxes
    $10,982
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $97,776

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Redland Elementary School

Grades PK-5 Public School

Homestead, FL 33031 2.5 miles
24501 sw 162nd ave

827 total students
15:1 Student teacher ratio

School Rating: C+

School Details

Redland Middle School

Grades 6-8 Public School

Homestead, FL 33031 2.7 miles
16001 sw 248th st

531 total students
15:1 Student teacher ratio

School Rating: C

School Details

South Dade Senior High School

Grades 9-12 Public School

Homestead, FL 33030 5.2 miles
28401 sw 167th ave

3150 total students
24:1 Student teacher ratio

School Rating: C-

School Details
Other Nearby Schools Distance Type Grades School Rating
Herbert A. Ammons Middle School 2.6 miles Public 6-8 A+
Rem Learning Center 3 miles Private PK-1
Somerset Academy Charter Middle School 3.1 miles Public 6-8 B-
Somerset Academy Charter 3.1 miles Public KG-5 A+
My Academy Preschool And Learning Center 3.6 miles Private PK-2
Academir Charter School Preparatory 3.6 miles Public KG-8 A
Grace Baptist Academy 3.7 miles Private PK-12
Norma Butler Bossard Elementary School 3.9 miles Public PK-5 A
Children S Rainbow Day School 3.9 miles Private PK-8
Bumble Bee Daycare 3.9 miles Private KG-5
First Impressions Preschool 3.9 miles Private KG-1
Somerset Academy Silver Palms At Princeton 3.9 miles Public KG-8 A-
Jorge Mas Canosa Middle School 4 miles Public 6-8 B+
Jack D. Gordon Elementary School 4 miles Public PK-5 A
South Miami Heights Elementary School 4.1 miles Public PK-5 C
Kids For Kids Academy 4.1 miles Private PK-2
Kinderkids Learning Center And Preschool Ii 4.1 miles Private PK-3
Mirra Educational Centers Inc. 4.2 miles Private KG-12

Herbert A. Ammons Middle School

Distance: 2.6 miles

Type Public

Grades: 6-8

A+

Rem Learning Center

Distance: 3 miles

Type Private

Grades: PK-1

Somerset Academy Charter Middle School

Distance: 3.1 miles

Type Public

Grades: 6-8

B-

Somerset Academy Charter

Distance: 3.1 miles

Type Public

Grades: KG-5

A+

My Academy Preschool And Learning Center

Distance: 3.6 miles

Type Private

Grades: PK-2

Academir Charter School Preparatory

Distance: 3.6 miles

Type Public

Grades: KG-8

A

Grace Baptist Academy

Distance: 3.7 miles

Type Private

Grades: PK-12

Norma Butler Bossard Elementary School

Distance: 3.9 miles

Type Public

Grades: PK-5

A

Children S Rainbow Day School

Distance: 3.9 miles

Type Private

Grades: PK-8

Bumble Bee Daycare

Distance: 3.9 miles

Type Private

Grades: KG-5

First Impressions Preschool

Distance: 3.9 miles

Type Private

Grades: KG-1

Somerset Academy Silver Palms At Princeton

Distance: 3.9 miles

Type Public

Grades: KG-8

A-

Jorge Mas Canosa Middle School

Distance: 4 miles

Type Public

Grades: 6-8

B+

Jack D. Gordon Elementary School

Distance: 4 miles

Type Public

Grades: PK-5

A

South Miami Heights Elementary School

Distance: 4.1 miles

Type Public

Grades: PK-5

C

Kids For Kids Academy

Distance: 4.1 miles

Type Private

Grades: PK-2

Kinderkids Learning Center And Preschool Ii

Distance: 4.1 miles

Type Private

Grades: PK-3

Mirra Educational Centers Inc.

Distance: 4.2 miles

Type Private

Grades: KG-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Miami, FL 33187

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Miami, FL 33187

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are below the national average.

91° August
Hottest Average Month
56° January
Coldest Average Month
5,224 Total Households in Area
-1.5% Increase in population since the year 2010
45%
of households
have children
42 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Miami, FL 33187

Miami, FL 33187 has a population of 18,265 people in 5,224 households with a median age of 42.3 years old.

-1.5%
Decrease in population
since the year 2010
Population is Trending down
5,378
Total households as of 2010
3.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 42.3 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Hispanic 79%
White 30%
Other 12%
Black 4%
Asian 2%
Native American <1%
The most prevalent ethnicity is Hispanic at 79%, followed by White at 30%, Other at 12%, and Black at 4%.

Economics
for Miami, FL 33187

651 /sq mi
Population Density
$105,221 /yr
Median Household Income
$700,000
Median Sales Price
42 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $150-199,999k representing 17.73% of the households.

Transportation to Work

  • Drive 87%
  • Work from Home 9%
  • Walk or Bike 3%
  • Public Transit 1%

Occupancy by Type

Owned 4,552 85%
Rented 672 12%
Vacant 161 3%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Family & Education Facts
for Miami, FL 33187

42.3 Median Age

Average Household Size

3.5
persons per
household

60.6%

Married Households

Community Population By Education

Bachelors Degree 28%
High School Graduate 24%
Some College 15%
Associates Degree 13%
Some High School 11%
Graduate Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 27.91% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
45% of households have children

Weather
for Miami, FL 33187

The weather for this area ranges from a high of 91° F in August to a low of 56° F in January

91° August
Hottest Average Month
56° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
56°
76°
Feb
57°
78°
Mar
60°
81°
Apr
64°
84°
May
68°
87°
Jun
72°
89°
Jul
73°
90°
Aug
74°
91°
Sep
74°
89°
Oct
70°
86°
Nov
64°
81°
Dec
58°
77°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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