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$1,050,000

16840 SW 87th Ave Palmetto Bay, FL 33157

4 beds
2 full
1,981 sqft
$530 / sqft
House

Property details

About 16840 SW 87th Ave

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.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,981 sqft
Year built1972
ParkingAttached, Circular Driveway, Garage
MLS #A11792374
Attached garage2 spaces
WaterfrontCanal
ViewCanal, Pool

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Bedroom on Main Level, First Floor Entry, Living/Dining Room, Pantry
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Garage
  • Waterfront: Canal
  • View: Canal, Pool
  • Exterior: Enclosed Porch, Fence, Security/High Impact Doors
  • Architectural Style: Detached, One Story
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $1,050,000
  • Price/SqFt: $530
  • Annual Tax Amount: $6,608
  • Tax Year: 2023
  • Lot: Sprinklers
  • Year Built: 1972
  • Stories: 1
  • Living Area: 1,981 SqFt
  • MLS Number: A11792374
  • MLS Name: SEFMIAMI
  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 960-2400
  • Office Email: Kathy@ewm.com
  • Listing Agent: Drew Kern

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 5:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$386,924$6,608
2022$375,655$6,367
2021$363,702$6,367
2020$358,681$6,330
2018$344,080$14,072
2017$337,003$14,051

History based on county public records data.

Nearby schools

7

Dr. Henry E. Perrine Academy of the Arts

Public Magnet PK-5

0.2 mi

8851 SW 168th St

9

Coral Reef Elementary School

Public District PK-5

1.3 mi

7955 SW 152nd St

8

Whispering Pines Elementary School

Public District PK-5

1.6 mi

18929 SW 89th Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $125,166. Typical income of Palmetto Bay, FL residents is between $100k-200k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

1%
<35k
30%
35k-100k
46%
100k-200k
23%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

19%
Single, No Kids
7%
Single, with Kids
38%
Married, No Kids
36%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
11%
12-17 yrs old
14%
18-34 yrs old
50%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 16840 SW 87th Ave

The listing price of 16840 SW 87th Ave property is $1,050,000.

The property 16840 SW 87th Ave is a house located in Palmetto Bay, Florida, 33157.

Active Listing: 16840 SW 87th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 16840 SW 87th Ave are: Dr. Henry E. Perrine Academy of the Arts (GreatSchools Rating 7/10), Coral Reef Elementary School (GreatSchools Rating 9/10), Whispering Pines Elementary School (GreatSchools Rating 8/10), Southwood Middle School (GreatSchools Rating 8/10), Richmond Heights Middle School (GreatSchools Rating 4/10), Cutler Bay Academy of Advanced Studies, Cutler Ridge Campus (GreatSchools Rating 4/10), Coral Reef Senior High School (GreatSchools Rating 9/10), Biotech@Richmond Heights 9-12 High School (GreatSchools Rating 8/10), Dorothy M. Wallace Cope Center (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $6,608 (source: MLS/based on county public records data).

The property at 16840 SW 87th Ave has 4 bedrooms and 2 bathrooms.

The property 16840 SW 87th Ave is 1,981 SqFt (source: MLS/tax record).

The year of construction for 16840 SW 87th Ave is 1972.

This home is located at 16840 SW 87th Ave in Palmetto Bay, FL and zip code 33157 in the Perrine neighborhood. This 1,981 square foot home was built in 1972. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $1,050,000.

In June 2025 more than 2 listings in Palmetto Bay, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 24 were sold below. In June 2025 in Palmetto Bay, FL there were 3.7% more homes for sale than in May. In June 2025, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $1,025,000.

From Rocket Homes Real Estate and based on county public records data.

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