18125 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350330320360 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$185,343

Property Details

Beds
3
Baths
2
Living Sqft
1,300
Year Built
1977
Lot Sqft
16,339
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$149,000
2000-07-01
2
$100non-market transfer
2010-05-11
MATTHEW J FORSYTHE & W LEANNAMATTHEW J FORSYTHE JTRS
3
$100non-market transfer
2022-11-21
LEANNA R FORSYTHE JTRSMATTHEW J FORSYTHE
4
N/A
2022-12-20

Tax Assessment History

$185,343
Assessed (2025)
$605,294
Market Value
$134,621
Taxable Value
$2,741
Annual Tax
2024
$180,120
$556,416
2025
$185,343
$605,294
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $185,343 $605,294 $134,621 $2,741
2024 $180,120 $556,416 $130,120 $2,649

About 18125 SW 87 CT, Palmetto Bay, FL 33157

18125 SW 87 CT, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 1,300 square feet of living space on a 16,339 square foot lot. The property is currently owned by MATTHEW J FORSYTHE, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 4 recorded sales for this property. The 2025 assessed value is $185,343 with a market value of $605,294. This breaks down to $457,492 for the land and $147,802 for the building.

The assessed value increased 3% from $180,120 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 $87,096, and the median home value is $608,000. The population density is 4,240 people per square mile.

18125 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 2022, with 4 recorded transactions in the public record..

Current Owner

MATTHEW J FORSYTHE
18125 SW 87 CT, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,253 — $4,136
Flood $400 — $800
Property/Wind $1,853 — $3,336

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$87,096
Median Home Value$608,000
Pop. Density4,240/sq mi

Neighborhood 18125

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
20
View full risk analysis →
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