18122 SW 87 PL, Palmetto Bay, FL 33157

Parcel: 3350330320670 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$354,410

Property Details

Beds
3
Baths
2
Living Sqft
2,184
Year Built
1977
Lot Sqft
15,840
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$153,000
1997-02-01
2
$348,500+128%
2012-12-14
KATE HOWELLPURNIMA MADHIVANAN
3
$475,000+36%
2019-04-18
PURNIMA MADHIVANANJULIAN M MORENO

Tax Assessment History

$354,410
Assessed (2025)
$710,582
Market Value
$303,688
Taxable Value
$6,183
Annual Tax
2024
$344,422
$671,628
2025
$354,410
$710,582
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $354,410 $710,582 $303,688 $6,183
2024 $344,422 $671,628 $294,422 $5,994

About 18122 SW 87 PL, Palmetto Bay, FL 33157

18122 SW 87 PL, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 2,184 square feet of living space on a 15,840 square foot lot. The property is currently owned by JULIAN M MORENO AMANDA I MORENO, 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 2019-04-18 for $475,000, when PURNIMA MADHIVANAN sold to JULIAN M MORENO. The property has appreciated $126,500 (36%) since the prior sale of $348,500 on 2012-12-14. There are 3 recorded sales for this property.

The 2025 assessed value is $354,410 with a market value of $710,582. This breaks down to $443,520 for the land and $267,062 for the building. The assessed value increased 3% from $344,422 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. 18122 SW 87 PL, 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 1997 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 75% of the most recent sale price.

Based on the most recent sale, this property traded at $217 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JULIAN M MORENO AMANDA I MORENO
18122 SW 87 PL, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,944 — $7,179
Flood $400 — $800
Property/Wind $3,544 — $6,379

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 18122

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
18
View full risk analysis →
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