16080 SW 89 AVENUE RD, Palmetto Bay, FL 33157

16080 SW 89 AVENUE RD, Palmetto Bay, FL 33157 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1995 with 2,991 square feet of living space on a 11,517 square foot lot. The property is currently owned by JIAN RUI GUO &W YIN Y WANG, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2001-05-01 for $291,300. The property has appreciated $34,500 (13%) since the prior sale of $256,800 on 1998-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $458,598 with a market value of $750,635. This breaks down to $380,061 for the land and $370,574 for the building. The assessed value increased 3% from $445,674 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 $160,809, and the median home value is $724,500. The population density is 4,676 people per square mile. 16080 SW 89 AVENUE RD, 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 1995 to 2001, with 3 recorded transactions in the public record. The current assessed value represents 157% 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 $97 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..