16851 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350330190300 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$474,441

Property Details

Beds
4
Baths
3
Living Sqft
2,076
Year Built
1968
Lot Sqft
15,128
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$299,000
2011-09-30
BOSTON INVESTORS GROUP INCJAMES S YEDO
2
$525,000+76%
2020-09-28
JAMES S YEDOERNESTO SERRANO
3
$100non-market transfer
2020-09-29
ERNESTO SERRANOERNESTO ERRANO LE

Tax Assessment History

$474,441
Assessed (2025)
$690,567
Market Value
$423,719
Taxable Value
$8,627
Annual Tax
2024
$461,070
$675,732
2025
$474,441
$690,567
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $474,441 $690,567 $423,719 $8,627
2024 $461,070 $675,732 $411,070 $8,369

About 16851 SW 87 CT, Palmetto Bay, FL 33157

16851 SW 87 CT, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1968 with 2,076 square feet of living space on a 15,128 square foot lot. The property is currently owned by ERNESTO ERRANO LE REM AMY SERRANO, 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 2020-09-29 for $100, when ERNESTO SERRANO sold to ERNESTO ERRANO LE . The property sold for $524,900 less than the prior sale of $525,000 on 2020-09-28. There are 3 recorded sales for this property.

The 2025 assessed value is $474,441 with a market value of $690,567. This breaks down to $423,584 for the land and $266,983 for the building. The assessed value increased 3% from $461,070 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 $553,301 recorded against this property.

16851 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 2011 to 2020, with 3 recorded transactions in the public record..

Current Owner

ERNESTO ERRANO LE REM AMY SERRANO
16851 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

$6,093 — $11,237
Flood $400 — $800
Property/Wind $5,693 — $10,437

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 16851

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

Mortgages

ACTIVE
$580,000
~$553,301 bal.
CALIBER HOME LOANS INC · 2022-05-17
Est. Total Balance $553,301
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales