16060 SW 86 AVE, Palmetto Bay, FL 33157

16060 SW 86 AVE, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1967 with 1,506 square feet of living space on a 18,240 square foot lot. The property is currently owned by LEONEL EXTRAMIL III LEONEL EXTRAMIL, 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 2015-09-25 for $363,500, when ROSEMARIE P LETHBRIDGE sold to LEONEL EXTRAMIL III. The property has appreciated $363,400 (363400%) since the prior sale of $100 on 2013-12-17. There are 3 recorded sales for this property.

The 2025 assessed value is $608,322 with a market value of $788,314. This breaks down to $601,920 for the land and $186,394 for the building. The assessed value increased 10% from $553,020 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $160,809, and the median home value is $724,500.

The population density is 4,676 people per square mile. 16060 SW 86 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 2001 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 167% 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 $241 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..