16120 SW 74 CT, Palmetto Bay, FL 33157

16120 SW 74 CT, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1973 with 2,255 square feet of living space on a 18,330 square foot lot. The property is currently owned by ALEXANDRA FRANCHESCA ALTEMUS PHILIP MACDOWELL ALTEMUS, 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 2023-07-18 for $1,200,000. There are 4 recorded sales for this property. The 2025 assessed value is $760,529 with a market value of $980,002.

This breaks down to $641,550 for the land and $338,452 for the building. The assessed value increased 3% from $739,096 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 $929,744 recorded against this property.

16120 SW 74 CT, 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 2003 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 63% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $532 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..