16740 SW 78 PL, Palmetto Bay, FL 33157

16740 SW 78 PL, Palmetto Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 2000 with 2,875 square feet of living space on a 15,000 square foot lot. The property is currently owned by DONALD LEE TRS DONALD ANTONIO LEE TRUST, 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 2022-06-15 for $100, when DONALD LEE &W MARIE sold to DONALD LEE TRS. The property sold for $416,500 less than the prior sale of $416,600 on 2000-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $605,088 with a market value of $1,069,943. This breaks down to $495,000 for the land and $574,943 for the building. The assessed value increased 3% from $588,035 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 $216,711, and the median home value is $866,300. The population density is 2,542 people per square mile. 16740 SW 78 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 1998 to 2022, with 3 recorded transactions in the public record..