16244 SW 92 AVE 3, Palmetto Bay, FL 33157

Parcel: 3350280650030 · Residential · Condominium - Residential · Zoning: 3700

Assessed Value (2025)
$123,360

Property Details

Beds
2
Baths
2.5
Living Sqft
1,445
Year Built
1989
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$76,900
1990-05-01
2
$76,900
1996-03-01
3
$92,500+20%
2001-06-01

Tax Assessment History

$123,360
Assessed (2025)
$245,560
Market Value
$72,638
Taxable Value
$1,479
Annual Tax
2024
$119,884
$245,560
2025
$123,360
$245,560
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $123,360 $245,560 $72,638 $1,479
2024 $119,884 $245,560 $69,884 $1,423

About 16244 SW 92 AVE 3, Palmetto Bay, FL 33157

16244 SW 92 AVE 3, Palmetto Bay, FL 33157 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1989 with 1,445 square feet of living space. The property is currently owned by JEANNE ARCHER SMITH, 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 2001-06-01 for $92,500. The property has appreciated $15,600 (20%) since the prior sale of $76,900 on 1996-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $123,360 with a market value of $245,560. The assessed value increased 3% from $119,884 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 $87,096, and the median home value is $608,000.

The population density is 4,240 people per square mile. 16244 SW 92 AVE 3, 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 2001, with 3 recorded transactions in the public record. The current assessed value represents 133% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $64 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JEANNE ARCHER SMITH
16244 SW 92 AVE #3, MIAMI, FL, 33157-3462
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$87,096
Median Home Value$608,000
Pop. Density4,240/sq mi

Neighborhood 16244

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
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