16041 SW 86 AVE, Palmetto Bay, FL 33157

Parcel: 3350270120150 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$690,350

Property Details

Beds
4
Baths
3
Living Sqft
2,521
Year Built
1966
Lot Sqft
23,318
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$550,000
2005-10-01
2
$850,000+55%
2021-08-31
CHESLEY P DILLON &W MICHELLE RJULIO SANTOYO
3
$100non-market transfer
2025-12-10
JULIO SANTOYOJULIO SANTOYO TRS
4
N/A
2025-12-19

Tax Assessment History

$690,350
Assessed (2025)
$1,225,964
Market Value
$639,628
Taxable Value
$13,022
Annual Tax
2024
$670,895
$1,137,151
2025
$690,350
$1,225,964
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $690,350 $1,225,964 $639,628 $13,022
2024 $670,895 $1,137,151 $620,895 $12,641

About 16041 SW 86 AVE, Palmetto Bay, FL 33157

16041 SW 86 AVE, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1966 with 2,521 square feet of living space on a 23,318 square foot lot. The property is currently owned by JULIO SANTOYO TRS JULIO SANTOYO REVOCABLE TRUST, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 4 recorded sales for this property. The 2025 assessed value is $690,350 with a market value of $1,225,964. This breaks down to $746,176 for the land and $479,788 for the building.

The assessed value increased 3% from $670,895 in 2024. The property has the following tax exemptions: homestead. 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.

There are active mortgage liens totaling $481,828 recorded against this property. 16041 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 2005 to 2025, with 4 recorded transactions in the public record..

Current Owner

JULIO SANTOYO TRS JULIO SANTOYO REVOCABLE TRUST
16041 SW 86 AVE, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$8,684 — $15,987
Flood $400 — $800
Property/Wind $8,284 — $15,187

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$160,809
Median Home Value$724,500
Pop. Density4,676/sq mi

Neighborhood 16041

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$510,000
~$481,828 bal.
HOMEXPRESS MORTGAGE CORPORATION · 2021-09-10
Est. Total Balance $481,828
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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