16750 SW 87 CT, Palmetto Bay, FL 33157

16750 SW 87 CT, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1988 with 2,646 square feet of living space on a 18,313 square foot lot. The property is currently owned by PETER KELLY MELISSA KELLY, 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 2015-02-28 for $475,000, when U S BANK NATIONAL ASSN TRS sold to PETER KELLY. The property has appreciated $474,900 (474900%) since the prior sale of $100 on 2014-07-18. There are 3 recorded sales for this property.

The 2025 assessed value is $558,363 with a market value of $941,837. This breaks down to $586,016 for the land and $355,821 for the building. The assessed value increased 3% from $542,627 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 $164,073, and the median home value is $735,500. The population density is 2,464 people per square mile. 16750 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 2007 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 118% of the most recent sale price.

Based on the most recent sale, this property traded at $180 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..