16200 SW 88 AVENUE RD, Palmetto Bay, FL 33157

16200 SW 88 AVENUE RD, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1970 with 2,030 square feet of living space on a 15,625 square foot lot. The property is currently owned by DERRICK O ROSS JENNIFER L ROSS, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2015-06-08 for $460,000, when ROSE M HUGH SAM TR sold to DERRICK O ROSS. The 2025 assessed value is $396,389 with a market value of $764,571. This breaks down to $500,000 for the land and $264,571 for the building.

The assessed value increased 3% from $385,218 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.

16200 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 2004 to 2015, with 2 recorded transactions in the public record.

The current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $227 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..