18201 SW 216 ST, Palmetto Bay, FL 33170

18201 SW 216 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom impr agri - not homesites : automotive or marine built in 1901 with 17,246 square feet of living space on a 2,397,978 square foot lot. The property is currently owned by PAVILO LAND HOLDINGS 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 2003-05-01 for $2,600,000. There are 3 recorded sales for this property. The 2025 assessed value is $967,432 with a market value of $8,885,757.

This breaks down to $8,257,500 for the land and $628,257 for the building. The assessed value increased 7% from $903,281 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 $79,297, and the median home value is $352,600. The population density is 543 people per square mile.

18201 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 2003, with 3 recorded transactions in the public record.

The current assessed value represents 37% 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 $151 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..