16365 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350280590290 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$377,135

Property Details

Beds
4
Baths
2
Living Sqft
2,551
Year Built
1985
Lot Sqft
16,266
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$183,000
1990-04-01
2
$251,000+37%
1999-09-01
3
$100non-market transfer
2017-03-27
M BRADFORD SHERMAN &W JILL E MARC BRADFORD SHERMAN

Tax Assessment History

$377,135
Assessed (2025)
$888,713
Market Value
$326,413
Taxable Value
$6,646
Annual Tax
2024
$366,507
$871,397
2025
$377,135
$888,713
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $377,135 $888,713 $326,413 $6,646
2024 $366,507 $871,397 $316,507 $6,444

About 16365 SW 87 CT, Palmetto Bay, FL 33157

16365 SW 87 CT, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1985 with 2,551 square feet of living space on a 16,266 square foot lot. The property is currently owned by MARC BRADFORD SHERMAN JILL E STEINBERG, 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 2017-03-27 for $100, when M BRADFORD SHERMAN &W JILL E sold to MARC BRADFORD SHERMAN. The property sold for $250,900 less than the prior sale of $251,000 on 1999-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $377,135 with a market value of $888,713. This breaks down to $520,512 for the land and $368,201 for the building. The assessed value increased 3% from $366,507 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 $236,756 recorded against this property.

16365 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 1990 to 2017, with 3 recorded transactions in the public record..

Current Owner

MARC BRADFORD SHERMAN JILL E STEINBERG
16365 SW 87 CT, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,171 — $7,588
Flood $400 — $800
Property/Wind $3,771 — $6,788

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 16365

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
23
View full risk analysis →

Mortgages

ACTIVE
$250,000
~$236,756 bal.
POWER FINANCIAL CU · 2021-11-04
Est. Total Balance $236,756
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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