16750 SW 87 PL, Palmetto Bay, FL 33157

Parcel: 3350280590180 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$605,774

Property Details

Beds
5
Baths
4
Living Sqft
3,247
Year Built
2003
Lot Sqft
15,441
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$115,000
2002-05-01
2
$478,000+316%
2003-06-01
3
$100non-market transfer
2011-07-18
GARY SPENCER &WGARY SPENCER LE

Tax Assessment History

$605,774
Assessed (2025)
$1,052,696
Market Value
$555,052
Taxable Value
$11,300
Annual Tax
2024
$588,702
$1,052,710
2025
$605,774
$1,052,696
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $605,774 $1,052,696 $555,052 $11,300
2024 $588,702 $1,052,710 $538,702 $10,968

About 16750 SW 87 PL, Palmetto Bay, FL 33157

16750 SW 87 PL, Palmetto Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 2003 with 3,247 square feet of living space on a 15,441 square foot lot. The property is currently owned by BARBARA SPENCER LE REM DAVID JONATHAN SPENCER, 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 2011-07-18 for $100, when GARY SPENCER &W sold to GARY SPENCER LE. The property sold for $477,900 less than the prior sale of $478,000 on 2003-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $605,774 with a market value of $1,052,696. This breaks down to $494,112 for the land and $558,584 for the building. The assessed value increased 3% from $588,702 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 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 2002 to 2011, with 3 recorded transactions in the public record..

Current Owner

BARBARA SPENCER LE REM DAVID JONATHAN SPENCER
16750 SW 87 PL, PALMETTO BAY, FL, 33176
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,034 — $6,857
Flood $400 — $800
Property/Wind $3,634 — $6,057

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 16750

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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