16720 SW 87 PL, Palmetto Bay, FL 33157

Parcel: 3350280590190 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$944,522

Property Details

Beds
4
Baths
2.5
Living Sqft
3,020
Year Built
1984
Lot Sqft
15,220
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$620,000
2007-12-01
2
$429,000-31%
2011-06-13
NATHANIEL M APATOV &WVICTOR H GUZMAN
3
$1,250,000+191%
2024-04-30
VICTOR H GUZMANDAVID GAVIN BROST

Tax Assessment History

$944,522
Assessed (2025)
$944,522
Market Value
$893,800
Taxable Value
$18,197
Annual Tax
2024
$430,924
$866,853
2025
$944,522
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $944,522 $944,522 $893,800 $18,197
2024 $430,924 $866,853 $380,924 $7,755

About 16720 SW 87 PL, Palmetto Bay, FL 33157

16720 SW 87 PL, Palmetto Bay, FL 33157 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1984 with 3,020 square feet of living space on a 15,220 square foot lot. The property is currently owned by DAVID GAVIN BROST CAROLINA INEZ BROST, 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 2024-04-30 for $1,250,000, when VICTOR H GUZMAN sold to DAVID GAVIN BROST. The property has appreciated $821,000 (191%) since the prior sale of $429,000 on 2011-06-13. There are 3 recorded sales for this property.

The 2025 assessed value is $944,522 with a market value of $944,522. This breaks down to $487,040 for the land and $457,482 for the building. The assessed value increased 119% from $430,924 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. There are active mortgage liens totaling $1,161,724 recorded against this property.

16720 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 2007 to 2024, with 3 recorded transactions in the public record.

The current assessed value represents 76% of the most recent sale price. Based on the most recent sale, this property traded at $414 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (2)

Permit #TypeStatusCost
N2001178823 limp expired
B1993370715 electrical expired

Current Owner

DAVID GAVIN BROST CAROLINA INEZ BROST
16720 SW 87 PL, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$9,845 — $17,801
Flood $400 — $800
Property/Wind $9,445 — $17,001

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 16720

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$1,167,512
~$1,161,724 bal.
EMORTGAGE FUNDING LLC · 2025-12-23
2 satisfied mortgages
SATISFIED 2024-05-06
$1,134,506
USAA FSB
SATISFIED 2021-08-23
$109,361
HOMETAP INVESTMENT PARTNERS III SPV LLC
Est. Total Balance $1,161,724
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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