16940 SW 87 AVE, Palmetto Bay, FL 33157

Parcel: 3350340040110 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$229,104

Property Details

Beds
3
Baths
2
Living Sqft
2,005
Year Built
1972
Lot Sqft
15,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$135,000
1987-12-01
2
N/Anon-market transfer
2003-11-01
3
$100non-market transfer
2009-08-28
HERMAN ORDONEZ &W ANAHERMAN ORDONEZ &W

Tax Assessment History

$229,104
Assessed (2025)
$733,664
Market Value
$178,382
Taxable Value
$3,632
Annual Tax
2024
$222,648
$684,637
2025
$229,104
$733,664
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $229,104 $733,664 $178,382 $3,632
2024 $222,648 $684,637 $172,648 $3,515

About 16940 SW 87 AVE, Palmetto Bay, FL 33157

16940 SW 87 AVE, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 2,005 square feet of living space on a 15,250 square foot lot. The property is currently owned by HERMAN ORDONEZ &W ANA L ORDONEZ, 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 2009-08-28 for $100, when HERMAN ORDONEZ &W ANA sold to HERMAN ORDONEZ &W. There are 3 recorded sales for this property. The 2025 assessed value is $229,104 with a market value of $733,664.

This breaks down to $457,500 for the land and $276,164 for the building. The assessed value increased 3% from $222,648 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. 16940 SW 87 AVE, 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 1987 to 2009, with 3 recorded transactions in the public record..

Current Owner

HERMAN ORDONEZ &W ANA L ORDONEZ
16940 SW 87 AVE, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,691 — $4,923
Flood $400 — $800
Property/Wind $2,291 — $4,123

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 16940

100%
Owner-Occ
0%
Investor
14
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
View full risk analysis →
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