16840 SW 87 CT, Palmetto Bay, FL 33157

16840 SW 87 CT, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1968 with 2,189 square feet of living space on a 15,240 square foot lot. The property is currently owned by HARRYDATH MOHABIR SAKEETA MOHABIR, 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 2011-01-10 for $389,000, when CAPITAL BUILINDING LLC sold to HARRYDATH MOHABIR. The property has appreciated $132,200 (51%) since the prior sale of $256,800 on 2010-07-02. There are 3 recorded sales for this property.

The 2025 assessed value is $381,874 with a market value of $740,417. This breaks down to $426,720 for the land and $313,697 for the building. The assessed value increased 3% from $371,112 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. 16840 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 2007 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price.

Based on the most recent sale, this property traded at $178 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..