16723 Southwest 78th Place

Off Market

16723 Southwest 78th Place

Palmetto Bay FL 33157

4666 sq. ft.

0.35 ac.

Single-Family

Last sold for $1,600,000

Drew Kern, last sold this property on 18 June 2026 after 244 days on market.

Overview

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.

Features

5 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

4666 sq. ft. floor area

0.35 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Palmetto Bay over the last 12 months, the estimated median property value of 16723 Southwest 78th Place is $1.21m.

Median value

$1.21m

Estimated value range

$550k - $3.2m

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Palmetto Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16723 Southwest 78th Place

2026

Sold

$1,600,000

18 Jun 2026 by Drew Kern, of Unknown Agency

Happy sellers in Palmetto Bay

82%

82% of sellers in Palmetto Bay reported that their sale price either exceeded or met their price expectations.

Palmetto Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Palmetto Bay over the last 12 months.

Local market activity for 5 bedroom single-family properties in Palmetto Bay

In the last 12 months, 80 five-bedroom single-family properties similar to 16723 Southwest 78th Place, have been sold.

This represents a 10% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Palmetto Bay for a market analysis.

Maggie Salas

at Bestway Realty Sales, LLC

(14 reviews)

Get a market analysis

Fritz Wagor

at Keller Williams Premier Prop

(38 reviews)

Get a market analysis

Yohan Miranda

at LUXE PROPERTIES

(37 reviews)

Get a market analysis

Gonzalo Cordoba

at Maximum Profit Network brokered by eXp Realty

(35 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Palmetto Bay

Maggie Salas

Maggie Salas is an award winning recommended agent for Palmetto Bay. They have 11 local sales and collected 5 local reviews across the last 12 months.