10705 SW 216 ST, Palmetto Bay, FL 33170

Parcel: 3060070000534 · Light Manufacturing · Light Mfg & Food Processing · Zoning: 7100

Assessed Value (2025)
$4,830,825

Property Details

Living Sqft
71,260
Year Built
1979
Lot Sqft
222,149
Stories
1
LIGHT MANUFACTURING : LIGHT MFG & FOOD PROCESSING

Sales History

1
$1,150,000
1989-07-01
2
$1,250,000+9%
1998-10-01
3
$2,400,000+92%
2002-08-01

Tax Assessment History

$4,830,825
Assessed (2025)
$4,830,825
Market Value
$4,830,825
Taxable Value
$98,352
Annual Tax
2024
$4,876,770
2025
$4,830,825
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $4,830,825 $4,830,825 $4,830,825 $98,352
2024 $4,876,770 $4,876,770 $4,876,770 $99,287

About 10705 SW 216 ST, Palmetto Bay, FL 33170

10705 SW 216 ST, Palmetto Bay, FL 33170 is a light manufacturing : light mfg & food processing built in 1979 with 71,260 square feet of living space on a 222,149 square foot lot. The property is currently owned by SOUTHPARK GROUP INC, 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 2002-08-01 for $2,400,000. The property has appreciated $1,150,000 (92%) since the prior sale of $1,250,000 on 1998-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $4,830,825 with a market value of $4,830,825. This breaks down to $2,221,490 for the land and $2,609,335 for the building. The assessed value decreased 1% from $4,876,770 in 2024.

The median household income in this area is $71,250, and the median home value is $381,900. The population density is 6,352 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. 10705 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 complete ownership history of this property spans from 1989 to 2002, with 3 recorded transactions in the public record. The current assessed value represents 201% 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 $34 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (5)

Permit #TypeStatusCost
C2025164383 electrical F
C2024124997 building F $30,000
S1999122257 electrical expired
C1999096567 electrical expired
S1992052167 electrical expired $155

Code Violations 1 open

20210210104 open
2021-06-11

Distress Signals

  • 1 open code violation

Current Owner

SOUTHPARK GROUP INC
7640 NW 25 ST #115, MIAMI, FL, 331220000
Since: 2026-03-29
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Est. Annual Insurance

$48,708 — $87,754
Flood $400 — $800
Property/Wind $48,308 — $86,954

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$71,250
Median Home Value$381,900
Pop. Density6,352/sq mi

Neighborhood 10705

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
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