17701 SW 232 ST, Palmetto Bay, FL 33170

17701 SW 232 ST, Palmetto Bay, FL 33170 is a restaurant or cafeteria : retail outlet built in 1967 with 5,210 square feet of living space on a 37,981 square foot lot. The property is currently owned by REDLAND 232 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 2019-03-08 for $1,900,000, when GUARAPETAS MAYOR INC sold to REDLAND 232 LLC. The property has appreciated $1,060,000 (126%) since the prior sale of $840,000 on 2005-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $608,942 with a market value of $735,816. This breaks down to $457,342 for the land and $278,474 for the building. The assessed value increased 10% from $553,584 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 $71,250, and the median home value is $437,500.

The population density is 352 people per square mile. 17701 SW 232 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 1999 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 32% 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 $365 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..