15401 SW 86 AVE, Palmetto Bay, FL 33157

Parcel: 3350280050140 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$456,693

Property Details

Beds
4
Baths
3.5
Living Sqft
2,493
Year Built
1965
Lot Sqft
15,008
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$112,500
1984-08-01
2
$116,000+3%
1987-03-01
3
$216,500+87%
2000-04-01

Tax Assessment History

$456,693
Assessed (2025)
$883,502
Market Value
$405,971
Taxable Value
$8,265
Annual Tax
2024
$300,300
$748,507
2025
$456,693
$883,502
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $456,693 $883,502 $405,971 $8,265
2024 $300,300 $748,507 $250,300 $5,096

About 15401 SW 86 AVE, Palmetto Bay, FL 33157

15401 SW 86 AVE, Palmetto Bay, FL 33157 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1965 with 2,493 square feet of living space on a 15,008 square foot lot. The property is currently owned by MARK R BANENS, 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 2000-04-01 for $216,500. The property has appreciated $100,500 (87%) since the prior sale of $116,000 on 1987-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $456,693 with a market value of $883,502. This breaks down to $495,264 for the land and $388,238 for the building. The assessed value increased 52% from $300,300 in 2024.

The property has the following tax exemptions: homestead. 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 $89,573 recorded against this property. 15401 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 1984 to 2000, with 3 recorded transactions in the public record. The current assessed value represents 211% 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 $87 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MARK R BANENS
15401 SW 86 AVE, MIAMI, FL, 33157-2138
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,880 — $10,847
Flood $400 — $800
Property/Wind $5,480 — $10,047

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 15401

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →

Mortgages

ACTIVE
$100,000
~$89,573 bal.
SPACE COAST CU · 2022-07-19
Est. Total Balance $89,573
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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