15721 SW 86 AVE, Palmetto Bay, FL 33157

15721 SW 86 AVE, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1965 with 1,738 square feet of living space on a 15,008 square foot lot. The property is currently owned by JAIME ENRIQUE LEMUS CLAUDIA VILLAR LEMUS, 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 2018-10-01 for $521,300, when ANDREW S PARKER &W CLAUDIA P sold to JAIME ENRIQUE LEMUS. The property has appreciated $336,500 (182%) since the prior sale of $184,800 on 1991-11-01. The 2025 assessed value is $342,151 with a market value of $739,472.

This breaks down to $495,264 for the land and $244,208 for the building. The assessed value increased 3% from $332,509 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. 15721 SW 86 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 1991 to 2018, with 2 recorded transactions in the public record. The current assessed value represents 66% 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 $300 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..