15980 SW 79 AVE, Palmetto Bay, FL 33157

15980 SW 79 AVE, Palmetto Bay, FL 33157 is a 5-bedroom, 2-bathroom residential - single family : 1 unit built in 1932 with 2,088 square feet of living space on a 54,450 square foot lot. The property is currently owned by HOWARD S REEDER III COURTNEY REEDER, 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 2011-01-14 for $410,000, when JAMES A HEACOCK sold to HOWARD S III REEDER. There are 3 recorded sales for this property. The 2025 assessed value is $553,911 with a market value of $1,721,923.

This breaks down to $1,415,700 for the land and $306,223 for the building. The assessed value increased 3% from $538,301 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. 15980 SW 79 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 1993 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 135% 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 $196 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..