18855 SW 216 ST, Palmetto Bay, FL 33170

Parcel: 3068110000263 · Impr Agri · Residential - Single Family · Zoning: 8900

Assessed Value (2025)
$380,163

Property Details

Beds
2
Baths
1
Living Sqft
1,421
Year Built
1983
Lot Sqft
225,640
Stories
1
IMPR AGRI : RESIDENTIAL - SINGLE FAMILY

Sales History

1
$63,800
1983-07-01
2
N/Anon-market transfer
1991-10-01
3
$345,000
2013-12-18
THE SCHRIVER COMPANY INCMARABU RANCH LLC

Tax Assessment History

$380,163
Assessed (2025)
$919,740
Market Value
$380,163
Taxable Value
$7,740
Annual Tax
2024
$317,591
$849,212
2025
$380,163
$919,740
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $380,163 $919,740 $380,163 $7,740
2024 $317,591 $849,212 $317,591 $6,466

About 18855 SW 216 ST, Palmetto Bay, FL 33170

18855 SW 216 ST, Palmetto Bay, FL 33170 is a 2-bedroom, 1-bathroom impr agri : residential - single family built in 1983 with 1,421 square feet of living space on a 225,640 square foot lot. The property is currently owned by MARABU RANCH 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 2013-12-18 for $345,000, when THE SCHRIVER COMPANY INC sold to MARABU RANCH LLC. There are 3 recorded sales for this property. The 2025 assessed value is $380,163 with a market value of $919,740.

This breaks down to $725,200 for the land and $194,540 for the building. The assessed value increased 20% from $317,591 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 $79,297, and the median home value is $352,600. The population density is 543 people per square mile.

18855 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 1983 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 110% of the most recent sale price. Based on the most recent sale, this property traded at $243 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MARABU RANCH LLC
9084 SW 113 AVE, MIAMI, FL, 33176
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,201 — $7,642
Flood $400 — $800
Property/Wind $3,801 — $6,842

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$79,297
Median Home Value$352,600
Pop. Density543/sq mi

Neighborhood 18855

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
23
View full risk analysis →
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