18105 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350330320370 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$209,586

Property Details

Beds
3
Baths
2
Living Sqft
1,959
Year Built
1977
Lot Sqft
14,605
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$51,800
1977-12-01
2
$83,500+61%
1980-06-01

Tax Assessment History

$209,586
Assessed (2025)
$639,908
Market Value
$158,864
Taxable Value
$3,234
Annual Tax
2024
$203,680
$612,510
2025
$209,586
$639,908
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $209,586 $639,908 $158,864 $3,234
2024 $203,680 $612,510 $153,680 $3,129

About 18105 SW 87 CT, Palmetto Bay, FL 33157

18105 SW 87 CT, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 1,959 square feet of living space on a 14,605 square foot lot. The property is currently owned by MICHAEL E ADAMS &W DOLORES, 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 1980-06-01 for $83,500. The property has appreciated $31,700 (61%) since the prior sale of $51,800 on 1977-12-01. The 2025 assessed value is $209,586 with a market value of $639,908.

This breaks down to $408,940 for the land and $230,968 for the building. The assessed value increased 3% from $203,680 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. There are active mortgage liens totaling $343,090 recorded against this property. 18105 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 1977 to 1980, with 2 recorded transactions in the public record. The current assessed value represents 251% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $43 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MICHAEL E ADAMS &W DOLORES
18105 SW 87 CT, MIAMI, FL, 33157-5900
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,495 — $4,572
Flood $400 — $800
Property/Wind $2,095 — $3,772

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 18105

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

Mortgages

ACTIVE
$361,300
~$343,090 bal.
REGIONS BANK · 2022-01-31
Est. Total Balance $343,090
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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