16655 SW 87 PL, Palmetto Bay, FL 33157

Parcel: 3350280590140 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$365,361

Property Details

Beds
3
Baths
2.5
Living Sqft
2,678
Year Built
1984
Lot Sqft
17,883
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$3,800,000
1983-09-01
2
N/Anon-market transfer
1988-03-01
3
$100non-market transfer
2026-04-02

Tax Assessment History

$365,361
Assessed (2025)
$912,174
Market Value
$314,639
Taxable Value
$6,406
Annual Tax
2024
$355,065
$868,711
2025
$365,361
$912,174
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $365,361 $912,174 $314,639 $6,406
2024 $355,065 $868,711 $305,065 $6,211

About 16655 SW 87 PL, Palmetto Bay, FL 33157

16655 SW 87 PL, Palmetto Bay, FL 33157 is a 3-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1984 with 2,678 square feet of living space on a 17,883 square foot lot. The property is currently owned by ROBERT E GALLAHER VICKY L GALLAHER, 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 2026-04-02 for $100. There are 3 recorded sales for this property. The 2025 assessed value is $365,361 with a market value of $912,174.

This breaks down to $572,256 for the land and $339,918 for the building. The assessed value increased 3% from $355,065 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. 16655 SW 87 PL, 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 1983 to 2026, with 3 recorded transactions in the public record..

Building Permits (1)

Permit #TypeStatusCost
S1993291565 electrical expired

Current Owner

ROBERT E GALLAHER VICKY L GALLAHER
16655 SW 87 PL, MIAMI, FL, 33157-3894
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,053 — $7,376
Flood $400 — $800
Property/Wind $3,653 — $6,576

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 16655

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
25
View full risk analysis →
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