250 E PALM DR, Florida City, FL 33034

250 E PALM DR, Florida City, FL 33034 is a regional shopping center : retail outlet built in 1994 with 234,124 square feet of living space on a 1,017,039 square foot lot. The property is currently owned by FLORIDA KEYS FACTORY SHOPS LTD, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1994-03-01 for $1,999,400. The property has appreciated $1,599,500 (400%) since the prior sale of $399,900 on 1992-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $19,447,120 with a market value of $21,000,000. This breaks down to $12,081,507 for the land and $8,918,493 for the building. The assessed value increased 10% from $17,679,200 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $52,152, and the median home value is $319,200.

The population density is 3,563 people per square mile. 250 E PALM DR, Florida City, FL 33034 is located in Florida City, Florida. Property records, tax assessments, sales history, and ownership information for this Florida City property are available through Miami-Dade County public records.

The complete ownership history of this property spans from 1971 to 1994, with 3 recorded transactions in the public record. The current assessed value represents 973% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $9 per square foot — a key metric for comparing value across Florida City's real estate market..