15201 SW 89 AVE, Palmetto Bay, FL 33157

Parcel: 3350280050611 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$561,221

Property Details

Beds
4
Baths
2
Living Sqft
2,075
Year Built
1987
Lot Sqft
16,801
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$162,500
1993-05-01
2
$100non-market transfer
2009-05-05
ALBERTO OTERO &W NORMA &ALBERTO OTERO &W
3
$465,000
2018-05-10
ALBERTO OTERO &WLEONARDO A PENIZZOTTO

Tax Assessment History

$561,221
Assessed (2025)
$872,921
Market Value
$510,499
Taxable Value
$10,393
Annual Tax
2024
$545,405
$848,673
2025
$561,221
$872,921
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $561,221 $872,921 $510,499 $10,393
2024 $545,405 $848,673 $495,405 $10,086

About 15201 SW 89 AVE, Palmetto Bay, FL 33157

15201 SW 89 AVE, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1987 with 2,075 square feet of living space on a 16,801 square foot lot. The property is currently owned by LEONARDO A PENIZZOTTO DIANA S ORTIZ, 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 2018-05-10 for $465,000, when ALBERTO OTERO &W sold to LEONARDO A PENIZZOTTO. The property has appreciated $464,900 (464900%) since the prior sale of $100 on 2009-05-05. There are 3 recorded sales for this property.

The 2025 assessed value is $561,221 with a market value of $872,921. This breaks down to $537,632 for the land and $335,289 for the building. The assessed value increased 3% from $545,405 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 $237,119 recorded against this property. 15201 SW 89 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 1993 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 121% 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 $224 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

LEONARDO A PENIZZOTTO DIANA S ORTIZ
15201 SW 89 AVE, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$6,012 — $10,901
Flood $400 — $800
Property/Wind $5,612 — $10,101

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 →

Mortgages

ACTIVE
$240,000
~$237,119 bal.
DISCOVER BANK · 2025-04-04
Est. Total Balance $237,119
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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