16240 SW 88 AVENUE RD, Palmetto Bay, FL 33157

16240 SW 88 AVENUE RD, Palmetto Bay, FL 33157 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1969 with 2,638 square feet of living space on a 15,625 square foot lot. The property is currently owned by ALFREDO GUERRERO POLLY GUERRERO, 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 2021-09-22 for $685,000, when ALVIN M BRANDES TRS sold to ALFREDO GUERRERO. The property has appreciated $684,900 (684900%) since the prior sale of $100 on 2019-12-13. There are 3 recorded sales for this property.

The 2025 assessed value is $733,734 with a market value of $825,489. This breaks down to $500,000 for the land and $325,489 for the building. The assessed value increased 3% from $713,056 in 2024.

The property has the following tax exemptions: homestead. 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. There are active mortgage liens totaling $182,321 recorded against this property.

16240 SW 88 AVENUE RD, 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 2021, with 3 recorded transactions in the public record.

The current assessed value represents 107% of the most recent sale price. Based on the most recent sale, this property traded at $260 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..