15405 SW 87 AVE, Palmetto Bay, FL 33157

Parcel: 3350280050330 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$402,355

Property Details

Beds
5
Baths
3
Living Sqft
2,091
Year Built
1965
Lot Sqft
15,276
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$68,500
1978-06-01
2
$73,000+7%
1979-01-01
3
$425,000+482%
2015-01-05
ANGELO ZERVOS &W GREGORIADOMINGO A ALVAREZ

Tax Assessment History

$402,355
Assessed (2025)
$773,662
Market Value
$351,633
Taxable Value
$7,159
Annual Tax
2024
$391,016
$780,052
2025
$402,355
$773,662
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $402,355 $773,662 $351,633 $7,159
2024 $391,016 $780,052 $341,016 $6,943

About 15405 SW 87 AVE, Palmetto Bay, FL 33157

15405 SW 87 AVE, Palmetto Bay, FL 33157 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1965 with 2,091 square feet of living space on a 15,276 square foot lot. The property is currently owned by DOMINGO A ALVAREZ ROSALINE N MENDOZA, 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 2015-01-05 for $425,000, when ANGELO ZERVOS &W GREGORIA sold to DOMINGO A ALVAREZ. The property has appreciated $352,000 (482%) since the prior sale of $73,000 on 1979-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $402,355 with a market value of $773,662. This breaks down to $504,108 for the land and $269,554 for the building. The assessed value increased 3% from $391,016 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.

15405 SW 87 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 1978 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 95% of the most recent sale price. Based on the most recent sale, this property traded at $203 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

DOMINGO A ALVAREZ ROSALINE N MENDOZA
15405 SW 87TH AVE, PALMETTO BAY, FL, 33157-2051
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,228 — $9,651
Flood $400 — $800
Property/Wind $4,828 — $8,851

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 15405

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →
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