22300 SW 116 AVE, Palmetto Bay, FL 33170

22300 SW 116 AVE, Palmetto Bay, FL 33170 is a 8-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1966 with 3,086 square feet of living space on a 13,310 square foot lot. The property is currently owned by INVERSIONES 890 LLC, 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 2020-08-02 for $555,000, when BARI GROUP LLC sold to INVERSIONES 890 LLC. The property has appreciated $115,000 (26%) since the prior sale of $440,000 on 2018-06-26. There are 3 recorded sales for this property.

The 2025 assessed value is $563,462 with a market value of $563,462. This breaks down to $319,440 for the land and $244,022 for the building. The assessed value increased 10% from $513,053 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. 22300 SW 116 AVE, 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 2015 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 102% of the most recent sale price. Based on the most recent sale, this property traded at $180 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..