17240 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350330160040 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$269,261

Property Details

Beds
3
Baths
2
Living Sqft
1,654
Year Built
1971
Lot Sqft
15,240
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$180,000
2000-05-01
2
N/Anon-market transfer
2001-06-01
3
$418,000
2017-05-05
RENATO MARTINO &W RITA DE CASSIA ELHAM SAFFARIZADEH

Tax Assessment History

$269,261
Assessed (2025)
$642,197
Market Value
$218,539
Taxable Value
$4,449
Annual Tax
2024
$261,673
$608,869
2025
$269,261
$642,197
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $269,261 $642,197 $218,539 $4,449
2024 $261,673 $608,869 $211,673 $4,309

About 17240 SW 87 CT, Palmetto Bay, FL 33157

17240 SW 87 CT, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 1,654 square feet of living space on a 15,240 square foot lot. The property is currently owned by ELHAM SAFFARIZADEH, 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 2017-05-05 for $418,000, when RENATO MARTINO &W RITA DE CASSIA sold to ELHAM SAFFARIZADEH. There are 3 recorded sales for this property. The 2025 assessed value is $269,261 with a market value of $642,197.

This breaks down to $426,720 for the land and $215,477 for the building. The assessed value increased 3% from $261,673 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. 17240 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 2000 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 64% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $253 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

ELHAM SAFFARIZADEH
17240 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

$3,092 — $5,646
Flood $400 — $800
Property/Wind $2,692 — $4,846

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 17240

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