17840 SW 87 CT, Palmetto Bay, FL 33157

Parcel: 3350330320760 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$331,653

Property Details

Beds
3
Baths
2
Living Sqft
1,300
Year Built
1976
Lot Sqft
16,200
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$416,000
2006-04-01
2
$239,000-43%
2010-02-24
KARIN B KANTER &DAVID J GOSSETT &W
3
$400,000+67%
2019-07-03
DAVID J GOSSETT &WRENE ANGEL VELAZQUEZ

Tax Assessment History

$331,653
Assessed (2025)
$592,889
Market Value
$280,931
Taxable Value
$5,720
Annual Tax
2024
$322,307
$546,028
2025
$331,653
$592,889
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $331,653 $592,889 $280,931 $5,720
2024 $322,307 $546,028 $272,307 $5,544

About 17840 SW 87 CT, Palmetto Bay, FL 33157

17840 SW 87 CT, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1976 with 1,300 square feet of living space on a 16,200 square foot lot. The property is currently owned by RENE ANGEL VELAZQUEZ OLIVIA IGLESIAS VELAZQUEZ, 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 2019-07-03 for $400,000, when DAVID J GOSSETT &W sold to RENE ANGEL VELAZQUEZ. The property has appreciated $161,000 (67%) since the prior sale of $239,000 on 2010-02-24. There are 3 recorded sales for this property.

The 2025 assessed value is $331,653 with a market value of $592,889. This breaks down to $453,600 for the land and $139,289 for the building. The assessed value increased 3% from $322,307 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 $351,222 recorded against this property.

17840 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 2006 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $308 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

RENE ANGEL VELAZQUEZ OLIVIA IGLESIAS VELAZQUEZ
17840 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

$3,716 — $6,769
Flood $400 — $800
Property/Wind $3,316 — $5,969

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 17840

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$374,000
~$351,222 bal.
NEWREZ LLC · 2021-12-06
Est. Total Balance $351,222
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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