17221 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350330190210 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$213,735

Property Details

Beds
3
Baths
2
Living Sqft
1,796
Year Built
1971
Lot Sqft
15,128
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$51,000
1974-07-01
2
$750,000+1371%
2026-02-19
JOSE J RIVERO &W EDILIABRUNO MELUZZI

Tax Assessment History

$213,735
Assessed (2025)
$613,908
Market Value
$163,013
Taxable Value
$3,319
Annual Tax
2024
$207,712
$597,190
2025
$213,735
$613,908
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $213,735 $613,908 $163,013 $3,319
2024 $207,712 $597,190 $157,712 $3,211

About 17221 SW 87 CT, Palmetto Bay, FL 33157

17221 SW 87 CT, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 1,796 square feet of living space on a 15,128 square foot lot. The property is currently owned by BRUNO MELUZZI RACHEL BAROSO, 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 2026-02-19 for $750,000, when JOSE J RIVERO &W EDILIA sold to BRUNO MELUZZI. The property has appreciated $699,000 (1371%) since the prior sale of $51,000 on 1974-07-01. The 2025 assessed value is $213,735 with a market value of $613,908.

This breaks down to $423,584 for the land and $190,324 for the building. The assessed value increased 3% from $207,712 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 $660,622 recorded against this property. 17221 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 1974 to 2026, with 2 recorded transactions in the public record. The current assessed value represents 28% 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 $418 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

BRUNO MELUZZI RACHEL BAROSO
17221 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

$2,537 — $4,647
Flood $400 — $800
Property/Wind $2,137 — $3,847

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 17221

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$662,800
~$660,622 bal.
JPMORGAN CHASE BANK NA · 2026-02-27
Est. Total Balance $660,622
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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