16840 SW 87th Ave Palmetto Bay, FL 33157
Estimated payment $6,119/month
Highlights
- In Ground Pool
- Home fronts a canal
- Utility Room in Garage
- Dr. Henry E. Perrine Academy Of The Arts Rated A-
- No HOA
- Circular Driveway
About This Home
Canalfront, 4 bdrm/ 2 bath updated home in Palmetto Bay. Open concept living area, dining with butler’s pantry. Gorgeous, remodeled kitchen with quartz countertops, beautiful cabinetry, tile backsplash in herringbone design, center island and seating, beverage cooler. Family room w stone fireplace, currently used as 4th bedroom. Well-distributed guest bedrooms, new guest bath with artistic tile flooring, double sinks. Primary bdrm w/ serene pool views, glass enclosed shower, walk-in closet. Plank tile flooring in living areas, carpet flooring in bdrms. Impact glass windows/ doors. Metal roof. Fenced yard, screened-in pool with beach entry and modern, stone patio. Circular drive, 2 car garage with side entry.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,923
Year Built
- Built in 1972
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 122x126
- Home fronts a canal
- East Facing Home
- Fenced
- Property is zoned 2100
Parking
- 2 Car Attached Garage
- Circular Driveway
- Open Parking
Property Views
- Canal
- Pool
Home Design
- Substantially Remodeled
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,981 Sq Ft Home
- 1-Story Property
- Fireplace
- Drapes & Rods
- Blinds
- Combination Dining and Living Room
- Utility Room in Garage
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Snack Bar or Counter
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Shower Only
Laundry
- Laundry in Garage
- Dryer
- Washer
Home Security
- Complete Impact Glass
- High Impact Door
Pool
- In Ground Pool
- Fence Around Pool
Schools
- Perrine Elementary School
- Southwood Middle School
- Miami Palmetto High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
- Maral Estates Sec 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 33-50-34-004-0140
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,923 | $410,088 | -- | -- |
| 2024 | $6,609 | $398,531 | -- | -- |
| 2023 | $6,609 | $386,924 | $0 | $0 |
| 2022 | $6,368 | $375,655 | $0 | $0 |
| 2021 | $6,330 | $363,702 | $0 | $0 |
| 2020 | $14,479 | $358,681 | $0 | $0 |
| 2019 | $14,339 | $350,617 | $0 | $0 |
| 2018 | $14,072 | $344,080 | $0 | $0 |
| 2017 | $14,051 | $337,003 | $0 | $0 |
| 2016 | $14,017 | $330,072 | $0 | $0 |
| 2015 | $12,745 | $254,801 | $0 | $0 |
| 2014 | $4,526 | $252,779 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $1,025,000 | -2.4% | $517 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $1,050,000 | -2.3% | $530 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $1,075,000 | -2.3% | $543 / Sq Ft |
| 04/29/2025 04/29/25 | For Sale | $1,100,000 | -- | $555 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Attorney | |
| Warranty Deed | $372,500 | Sunbelt Title Agency | |
| Warranty Deed | $172,000 | -- | |
| Warranty Deed | $147,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,001 | New Conventional | |
| Open | $480,000 | New Conventional | |
| Closed | $400,500 | New Conventional | |
| Closed | $400,500 | New Conventional | |
| Previous Owner | $298,000 | New Conventional | |
| Previous Owner | $16,000 | New Conventional | |
| Previous Owner | $139,650 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A11792374
APN: 33-5034-004-0140
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