20701 SW 216 ST, Palmetto Bay, FL 33170

20701 SW 216 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom impr agri - not homesites : 2 living units built in 1956 with 9,196 square feet of living space on a 2,002,017 square foot lot. The property is currently owned by BASADE 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 2018-04-10 for $2,175,000, when ROBERT G BROWN sold to BASADE LLC . The property has appreciated $375,000 (21%) since the prior sale of $1,800,000 on 2015-09-22. There are 3 recorded sales for this property.

The 2025 assessed value is $1,029,035 with a market value of $2,586,320. This breaks down to $2,195,040 for the land and $391,280 for the building. The assessed value increased 6% from $974,212 in 2024.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $107,073, and the median home value is $457,700.

The population density is 6 people per square mile. 20701 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 2014 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 47% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $237 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..