16012 SW 74 PL, Palmetto Bay, FL 33157

Parcel: 3350260150050 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$460,613

Property Details

Beds
4
Baths
2
Living Sqft
2,350
Year Built
1974
Lot Sqft
23,089
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2005-11-01
2
$590,000
2018-05-17
ALFONSO LLANES MARIO ANDRES FAJARDO

Tax Assessment History

$460,613
Assessed (2025)
$1,177,946
Market Value
$409,891
Taxable Value
$8,345
Annual Tax
2024
$447,632
$1,118,799
2025
$460,613
$1,177,946
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $460,613 $1,177,946 $409,891 $8,345
2024 $447,632 $1,118,799 $397,632 $8,095

About 16012 SW 74 PL, Palmetto Bay, FL 33157

16012 SW 74 PL, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 2,350 square feet of living space on a 23,089 square foot lot. The property is currently owned by MARIO ANDRES FAJARDO MICHELLE ELISE FAJARDO, 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 2018-05-17 for $590,000, when ALFONSO LLANES sold to MARIO ANDRES FAJARDO. The 2025 assessed value is $460,613 with a market value of $1,177,946. This breaks down to $808,115 for the land and $369,831 for the building.

The assessed value increased 3% from $447,632 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 $547,273 recorded against this property. 16012 SW 74 PL, 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 2005 to 2018, with 2 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price.

Based on the most recent sale, this property traded at $251 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MARIO ANDRES FAJARDO MICHELLE ELISE FAJARDO
16012 SW 74 PL, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,006 — $9,091
Flood $400 — $800
Property/Wind $4,606 — $8,291

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 16012

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

Mortgages

ACTIVE
$550,000
~$547,273 bal.
FIRST CITIZENS BANK & TRUST CO · 2025-12-29
Est. Total Balance $547,273
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales