16485 SW 216 ST, Palmetto Bay, FL 33170

16485 SW 216 ST, Palmetto Bay, FL 33170 is a property. The property is currently owned by KARBAN ASSETS 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 2021-06-30 for $550,000, when CARLOS A COLLAZO sold to KARBAN ASSETS LLC. The property has appreciated $450,000 (450%) since the prior sale of $100,000 on 1987-04-01. The 2025 assessed value is $24,515 with a market value of $715,521.

This breaks down to $702,400 for the land and $13,121 for the building. The assessed value increased 4% from $23,684 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 $101,919, and the median home value is $600,900. The population density is 496 people per square mile.

There are active mortgage liens totaling $350,358 recorded against this property. 16485 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 1987 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 4% 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..