16900 SW 87 AVE, Palmetto Bay, FL 33157

16900 SW 87 AVE, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 2,143 square feet of living space on a 15,250 square foot lot. The property is currently owned by EDUARDO DANIEL SUAREZ ADAY JIDDA AYUB CASTILLO, recorded as of 2026-04-18. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-03-24 for $890,000, when GABRIEL EDUARDO ARBE MARROCHE sold to EDUARDO DANIEL SUAREZ ADAY. The property has appreciated $460,000 (107%) since the prior sale of $430,000 on 2015-04-30. There are 3 recorded sales for this property.

The 2025 assessed value is $427,626 with a market value of $729,315. This breaks down to $457,500 for the land and $271,815 for the building. The assessed value increased 3% from $415,575 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. There are active mortgage liens totaling $356,313 recorded against this property.

16900 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 2013 to 2026, with 3 recorded transactions in the public record.

The current assessed value represents 48% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $415 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..