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20551 SW 162nd Ave, Miami, FL 33187

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For Sale

$16,900,000

10 beds10 baths1 half baths27,808 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
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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

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

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

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

Local area information for Miami, FL 33187

Tour the area

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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
45%
of households
have children
42 minutes
Median Commute Time

Household Expenses vs 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.

Down -1.5%
Decrease in population
since the year 2010

Population is Trending down
5,378
Total households as of 2010
Up
3.4%

Community Population By Age

Community Population By Ethnicity

Hispanic 79%
White 30%
Other 12%
Black 4%
Asian 2%
Native American <1%

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

Household by Income

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%

Household Family Expenses vs 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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