11601 SW 216 ST, Palmetto Bay, FL 33170
Parcel: 3060070000250 · Store · Retail Outlet · Zoning: 6172
Assessed Value (2025)
$4,181,485
Property Details
Living Sqft
24,624
Year Built
1985
Lot Sqft
117,967
Stories
1
STORE : RETAIL OUTLET
Sales History
1
$1,000,000
2000-06-01
Tax Assessment History
$4,181,485
Assessed (2025)
$5,057,402
Market Value
$4,181,485
Taxable Value
$85,132
Annual Tax
2024
$3,801,350
$4,860,290
2025
$4,181,485
$5,057,402
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $4,181,485 | $5,057,402 | $4,181,485 | $85,132 | $2,595,274 | $2,462,128 |
| 2024 | $3,801,350 | $4,860,290 | $3,801,350 | $77,392 | $2,359,340 | $2,500,950 |
About 11601 SW 216 ST, Palmetto Bay, FL 33170
11601 SW 216 ST, Palmetto Bay, FL 33170 is a store : retail outlet built in 1985 with 24,624 square feet of living space on a 117,967 square foot lot. The property is currently owned by JACLYN INVESTMENT SOUTH FLORIDA, 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 2000-06-01 for $1,000,000. The 2025 assessed value is $4,181,485 with a market value of $5,057,402. This breaks down to $2,595,274 for the land and $2,462,128 for the building.
The assessed value increased 10% from $3,801,350 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 $42,718, and the median home value is $319,200. The population density is 5,016 people per square mile. This property currently has 1 open code violation on record with miami_dade code enforcement.
Open violations can affect property value and may need to be resolved before a sale can close. 11601 SW 216 ST, Palmetto Bay, FL 33170 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 current assessed value represents 418% 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 $41 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..
Building Permits (9)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026005207 | mechanical | F | — | ||
| C2025173850 | electrical | F | $2,700 | ||
| C2024003411 | mechanical | F | — | ||
| C2023170860 | building | F | $1,000 | ||
| C2023174589 | plumbing | F | — | ||
| C2023157672 | electrical | F | — | ||
| C2023135438 | building | F | $27,650 | ||
| S1994165694 | electrical | expired | — | ||
| K1994084515 | plumbing | expired | — |
Code Violations 1 open
F2024002867 open
2026-01-13
Distress Signals
- 1 open code violation
Current Owner
JACLYN INVESTMENT SOUTH FLORIDA
14024 NW 82 AVE, HIALEAH, FL, 33016
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$42,214 — $76,066
Flood $400 — $800
Property/Wind $41,814 — $75,266
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi
Neighborhood 11601
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
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