20451 SW 216 ST, Palmetto Bay, FL 33170

20451 SW 216 ST, Palmetto Bay, FL 33170 is a impr agri - not homesites : warehouse or storage built in 1993 with 4,511 square feet of living space on a 812,394 square foot lot. The property is currently owned by I V TRUST AND INVESTMENT LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-02-14 for $850,000, when VERA S NURSERY INC sold to I V TRUST AND INVESTMENT LLC. The property sold for $125,000 less than the prior sale of $975,000 on 2017-06-26. There are 3 recorded sales for this property.

The 2025 assessed value is $569,243 with a market value of $1,809,468. This breaks down to $1,305,500 for the land and $503,968 for the building. The assessed value decreased 1% from $575,795 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. 20451 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 67% 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 $188 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..