15200 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350280140070 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$669,946

Property Details

Beds
3
Baths
2
Living Sqft
1,724
Year Built
1965
Lot Sqft
17,952
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100,000
1982-05-01
2
$112,000+12%
1986-08-01
3
$336,000+200%
2013-06-24
RAYMOND W ARMORER &W JOYRENE USTARIZ

Tax Assessment History

$669,946
Assessed (2025)
$814,237
Market Value
$669,946
Taxable Value
$13,640
Annual Tax
2024
$609,042
$768,860
2025
$669,946
$814,237
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $669,946 $814,237 $669,946 $13,640
2024 $609,042 $768,860 $609,042 $12,400

About 15200 SW 87 CT, Palmetto Bay, FL 33157

15200 SW 87 CT, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1965 with 1,724 square feet of living space on a 17,952 square foot lot. The property is currently owned by RENE USTARIZ, 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 2013-06-24 for $336,000, when RAYMOND W ARMORER &W JOY sold to RENE USTARIZ. The property has appreciated $224,000 (200%) since the prior sale of $112,000 on 1986-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $669,946 with a market value of $814,237. This breaks down to $574,464 for the land and $239,773 for the building. The assessed value increased 10% from $609,042 in 2024.

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. 15200 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 complete ownership history of this property spans from 1982 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 199% 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 $195 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

RENE USTARIZ
15200 SW 87 CT, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$8,439 — $15,538
Flood $400 — $800
Property/Wind $8,039 — $14,738

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 15200

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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