16202 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350280220040 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$895,155

Property Details

Beds
3
Baths
2
Living Sqft
2,807
Year Built
1969
Lot Sqft
17,375
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$129,000
1985-04-01
2
$135,000+5%
1986-10-01
3
$785,000+481%
2020-12-31
MICHAEL M WIEGERTLUIS AHUMADA CHAMORRO

Tax Assessment History

$895,155
Assessed (2025)
$1,003,036
Market Value
$895,155
Taxable Value
$18,225
Annual Tax
2024
$813,778
$970,330
2025
$895,155
$1,003,036
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $895,155 $1,003,036 $895,155 $18,225
2024 $813,778 $970,330 $813,778 $16,568

About 16202 SW 87 CT, Palmetto Bay, FL 33157

16202 SW 87 CT, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1969 with 2,807 square feet of living space on a 17,375 square foot lot. The property is currently owned by LUIS AHUMADA CHAMORRO ELIZABETH MARTENS, 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 2020-12-31 for $785,000, when MICHAEL M WIEGERT sold to LUIS AHUMADA CHAMORRO . The property has appreciated $650,000 (481%) since the prior sale of $135,000 on 1986-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $895,155 with a market value of $1,003,036. This breaks down to $556,000 for the land and $447,036 for the building. The assessed value increased 10% from $813,778 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. 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. 16202 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 1985 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 114% of the most recent sale price. Based on the most recent sale, this property traded at $280 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

LUIS AHUMADA CHAMORRO ELIZABETH MARTENS
16202 SW 87 CT, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$11,141 — $20,493
Flood $400 — $800
Property/Wind $10,741 — $19,693

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 16202

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
11
View full risk analysis →
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