19950 SW 216 ST, Palmetto Bay, FL 33170

19950 SW 216 ST, Palmetto Bay, FL 33170 is a impr agri - not homesites : wholesale outlet built in 1993 with 55,681 square feet of living space on a 735,728 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 2005-03-01 for $5,869,370. The property has appreciated $5,313,087 (955%) since the prior sale of $556,283 on 1988-05-01. The 2025 assessed value is $2,396,103 with a market value of $3,519,288.

This breaks down to $1,182,300 for the land and $2,336,988 for the building. The assessed value decreased 1% from $2,429,786 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.

19950 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 1988 to 2005, with 2 recorded transactions in the public record.

The current assessed value represents 41% 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 $105 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..