16525 OLD CUTLER RD, Palmetto Bay, FL 33157

Parcel: 3350260030140 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,539,317

Property Details

Beds
4
Baths
4
Living Sqft
3,879
Year Built
1977
Lot Sqft
16,360
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$757,000
2015-07-21
STEVEN J CRAMER &W SHELLI A VILMA VALES
2
N/Anon-market transfer
2016-07-25
STEVEN J CRAMER &W SHEILA VILMA VALES
3
$2,200,000
2024-03-11
VILMA VALESMARCO MAGGIONI
4
$2,200,000
2024-03-13

Tax Assessment History

$1,539,317
Assessed (2025)
$1,539,317
Market Value
$1,488,595
Taxable Value
$30,307
Annual Tax
2024
$651,506
$1,182,598
2025
$1,539,317
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,539,317 $1,539,317 $1,488,595 $30,307
2024 $651,506 $1,182,598 $601,506 $12,246

About 16525 OLD CUTLER RD, Palmetto Bay, FL 33157

16525 OLD CUTLER RD, Palmetto Bay, FL 33157 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1977 with 3,879 square feet of living space on a 16,360 square foot lot. The property is currently owned by MARCO MAGGIONI CLARA MACHOGU, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-03-13 for $2,200,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,539,317 with a market value of $1,539,317.

This breaks down to $572,600 for the land and $966,717 for the building. The assessed value increased 136% from $651,506 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $216,711, and the median home value is $866,300. The population density is 2,542 people per square mile. There are active mortgage liens totaling $1,718,223 recorded against this property.

16525 OLD CUTLER RD, Palmetto Bay, FL 33157 is located in Palmetto Bay, Florida. Property records, tax assessments, sales history, and ownership information for this Palmetto Bay property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2015 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 70% of the most recent sale price. Based on the most recent sale, this property traded at $567 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MARCO MAGGIONI CLARA MACHOGU
16525 OLD CUTLER RD, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$15,793 — $28,507
Flood $400 — $800
Property/Wind $15,393 — $27,707

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$216,711
Median Home Value$866,300
Pop. Density2,542/sq mi

Neighborhood 16525

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
19
View full risk analysis →

Mortgages

ACTIVE
$1,760,000
~$1,718,223 bal.
GREENSTATE CU · 2024-03-13
Est. Total Balance $1,718,223
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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