15345 SW 87 AVE, Palmetto Bay, FL 33157

15345 SW 87 AVE, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1965 with 1,678 square feet of living space on a 15,276 square foot lot. The property is currently owned by YAYMICEL CHEUNG, 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 2022-05-23 for $835,000, when RENE VERDE &W JEAN H sold to YAYMICEL CHEUNG. There are 3 recorded sales for this property. The 2025 assessed value is $519,240 with a market value of $796,614.

This breaks down to $504,108 for the land and $292,506 for the building. The assessed value increased 3% from $504,607 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 $617,408 recorded against this property.

15345 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 1996 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 62% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $498 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..