16480 SW 72 AVE, Palmetto Bay, FL 33157

16480 SW 72 AVE, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom county : dade county built in 1974 with 2,108 square feet of living space on a 13,200 square foot lot. The property is currently owned by MIAMI-DADE COUNTY PARKS AND RECREATION, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1994-04-01 for $103,000. The property sold for $64,000 less than the prior sale of $167,000 on 1990-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $497,545 with a market value of $653,194. This breaks down to $462,000 for the land and $191,194 for the building. The assessed value increased 10% from $452,314 in 2024.

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. 16480 SW 72 AVE, 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 1987 to 1994, with 3 recorded transactions in the public record. The current assessed value represents 483% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $49 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..