16350 SW 87 PL, Palmetto Bay, FL 33157

16350 SW 87 PL, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1989 with 3,422 square feet of living space on a 22,026 square foot lot. The property is currently owned by TARIK KHAFAGA ZULEMA VALDIVIA, 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 2022-01-07 for $1,140,000, when HUMBERTO A GARCIA LE sold to TARIK KHAFAGA. The property has appreciated $1,139,900 (1139900%) since the prior sale of $100 on 2017-05-23. There are 3 recorded sales for this property.

The 2025 assessed value is $1,053,935 with a market value of $1,249,677. This breaks down to $704,832 for the land and $544,845 for the building. The assessed value increased 3% from $1,024,233 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 $866,034 recorded against this property.

16350 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 2013 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 92% of the most recent sale price. Based on the most recent sale, this property traded at $333 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..