15201 SW 88 CT, Palmetto Bay, FL 33157

Parcel: 3350280050550 · Multifamily 2-9 Units · 2 Living Units · Zoning: 2300

Assessed Value (2025)
$696,393

Property Details

Beds
5
Baths
3
Living Sqft
4,119
Year Built
1969
Lot Sqft
32,670
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$243,000
1997-08-01
2
$382,000+57%
2002-12-01
3
$495,000+30%
2004-01-01

Tax Assessment History

$696,393
Assessed (2025)
$1,618,823
Market Value
$645,671
Taxable Value
$13,145
Annual Tax
2024
$676,767
$1,397,842
2025
$696,393
$1,618,823
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $696,393 $1,618,823 $645,671 $13,145
2024 $676,767 $1,397,842 $626,767 $12,760

About 15201 SW 88 CT, Palmetto Bay, FL 33157

15201 SW 88 CT, Palmetto Bay, FL 33157 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1969 with 4,119 square feet of living space on a 32,670 square foot lot. The property is currently owned by MICHAEL M ESTEVEZ &W ALLISON K ESTEVEZ, 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 2004-01-01 for $495,000. The property has appreciated $113,000 (30%) since the prior sale of $382,000 on 2002-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $696,393 with a market value of $1,618,823. This breaks down to $980,100 for the land and $638,723 for the building. The assessed value increased 3% from $676,767 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.

15201 SW 88 CT, 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 1997 to 2004, with 3 recorded transactions in the public record.

The current assessed value represents 141% 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 $120 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MICHAEL M ESTEVEZ &W ALLISON K ESTEVEZ
15201 SW 88 CT, MIAMI, FL, 33157-2024
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$8,756 — $16,120
Flood $400 — $800
Property/Wind $8,356 — $15,320

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 15201

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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