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16531 81st Ave

Palmetto Bay, FL 33157

5 bd 2 ba 2,380 sqft Built 1969 Lot 17,160 sqft single_family
Most recent sale
$1,035,000
Apr 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2024 Sold $1,035,000 MiamiMLS
Feb 7, 2024 Price changed $1,099,000 MiamiMLS
Nov 8, 2023 Listed $1,199,000 MiamiMLS
Jan 13, 1993 Sold $180,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $309,810 $566,280 $876,090 $15,171
2024 $309,810 $566,280 $876,090 $4,919
2022 $267,081 $4,469
2021 $259,302 $4,442
2020 $255,722 $4,357
2019 $249,973 $4,257
2018 $245,313 $4,064
2017 $240,268 $4,046
2016 $235,327 $4,012
2015 $233,692 $4,078
2014 $231,838 $4,124
2013 $228,412 $4,051
2012 $327,217 $3,961
2011 $218,053 $3,858
2010 $214,831 $4,041
2009 $209,184 $3,716
2008 $208,976 $3,663
2007 $202,890 $3,801

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
2,380 sqft
Lot size
17,160 sqft
ZIP code
33157
City
Palmetto Bay
Street
81st Ave
Coordinates
25.61659, -80.32336

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,403
Gross rental yield
5.10%
Implied cap rate
3.32%
Trend-extrapolated value

Frequently asked questions

When did 16531 81st Ave last sell?
16531 81st Ave most recently sold on Apr 11, 2024 for $1,035,000.
What is the current tax assessment for 16531 81st Ave?
The most recent total assessment for 16531 81st Ave (year 2025) is $876,090 with $15,171 in property tax.
How does 16531 81st Ave's assessment compare to its last sale price?
The current assessment is 15.4% below the last sale price of $1,035,000.
When was 16531 81st Ave built?
16531 81st Ave was built in 1969.
How does 16531 81st Ave compare to others on 81st Ave?
We track 8 other properties on 81st Ave. Browse the list under "Other properties on 81st Ave" to compare beds, baths, and sale history.
What are the property facts for 16531 81st Ave?
16531 81st Ave is a 5 bed, 2 bath, 2,380 sqft, 17,160 sqft lot single_family.
Is 16531 81st Ave a flip candidate?
No — 16531 81st Ave does not appear in our flips dataset.
Is 16531 81st Ave a tax-appeal candidate?
No — 16531 81st Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.6%
Implied 1-yr
+18.2%
2026 Q3
$1.19M
2026 Q4
$1.23M
ZIP 33157 — Median Price History + Forecast

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