16640 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350280590120 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$391,923

Property Details

Beds
5
Baths
3.5
Living Sqft
3,319
Year Built
1985
Lot Sqft
16,066
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$130,000
1992-12-01
2
$259,500+100%
1997-12-01
3
$100non-market transfer
2025-02-03
CRAIG D KOZAREKCRAIG DONALD KOZAREK TRS
4
N/A
2025-02-10

Tax Assessment History

$391,923
Assessed (2025)
$928,714
Market Value
$341,201
Taxable Value
$6,947
Annual Tax
2024
$380,878
$914,899
2025
$391,923
$928,714
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $391,923 $928,714 $341,201 $6,947
2024 $380,878 $914,899 $330,878 $6,736

About 16640 SW 87 CT, Palmetto Bay, FL 33157

16640 SW 87 CT, Palmetto Bay, FL 33157 is a 5-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1985 with 3,319 square feet of living space on a 16,066 square foot lot. The property is currently owned by CRAIG DONALD KOZAREK TRS THE KOZAREK JOINT DEC OF TRUST, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 4 recorded sales for this property. The 2025 assessed value is $391,923 with a market value of $928,714. This breaks down to $514,112 for the land and $414,602 for the building.

The assessed value increased 3% from $380,878 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.

16640 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 1992 to 2025, with 4 recorded transactions in the public record..

Current Owner

CRAIG DONALD KOZAREK TRS THE KOZAREK JOINT DEC OF TRUST
16640 SW 87 CT, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,319 — $7,854
Flood $400 — $800
Property/Wind $3,919 — $7,054

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$164,073
Median Home Value$735,500
Pop. Density2,464/sq mi

Neighborhood 16640

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
20
View full risk analysis →
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