15625 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350280051070 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$190,362

Property Details

Beds
3
Baths
2
Living Sqft
1,457
Year Built
1959
Lot Sqft
14,896
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$79,900
1993-03-01

Tax Assessment History

$190,362
Assessed (2025)
$717,565
Market Value
$139,640
Taxable Value
$2,843
Annual Tax
2024
$184,998
$719,389
2025
$190,362
$717,565
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $190,362 $717,565 $139,640 $2,843
2024 $184,998 $719,389 $134,998 $2,748

About 15625 SW 87 CT, Palmetto Bay, FL 33157

15625 SW 87 CT, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1959 with 1,457 square feet of living space on a 14,896 square foot lot. The property is currently owned by RONALD M CHEESEMAN &W DARLENE, 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 1993-03-01 for $79,900. The 2025 assessed value is $190,362 with a market value of $717,565. This breaks down to $476,672 for the land and $240,893 for the building.

The assessed value increased 3% from $184,998 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. 15625 SW 87 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 current assessed value represents 238% 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 $55 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

RONALD M CHEESEMAN &W DARLENE
15625 SW 87 CT, MIAMI, FL, 33157-2008
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,684 — $4,987
Flood $400 — $800
Property/Wind $2,284 — $4,187

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 15625

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
25
View full risk analysis →
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