21657 S DIXIE HWY, Palmetto Bay, FL 33170

Parcel: 3069130000010 · Mixed Use-Store/Residential · Mixed Use - Commercial · Zoning: 3150

Assessed Value (2025)
$2,448,875

Property Details

Living Sqft
18,853
Year Built
1961
Lot Sqft
74,900
Stories
2
MIXED USE-STORE/RESIDENTIAL : MIXED USE - COMMERCIAL

Sales History

1
$100non-market transfer
2016-11-22
WATERFALL VICTORIA MORTGAGE TRUSTTERRA VIDA LLC
2
$100non-market transfer
2016-12-01
TERRA VIDA LLCJKOK LLC
3
$943,300
2016-12-21
JKOK LLCFLAGLER 1927 LLC

Tax Assessment History

$2,448,875
Assessed (2025)
$3,037,872
Market Value
$2,448,875
Taxable Value
$49,857
Annual Tax
2024
$2,226,250
$2,713,899
2025
$2,448,875
$3,037,872
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,448,875 $3,037,872 $2,448,875 $49,857
2024 $2,226,250 $2,713,899 $2,226,250 $45,325

About 21657 S DIXIE HWY, Palmetto Bay, FL 33170

21657 S DIXIE HWY, Palmetto Bay, FL 33170 is a mixed use-store/residential : mixed use - commercial built in 1961 with 18,853 square feet of living space on a 74,900 square foot lot. The property is currently owned by FLAGLER 1927 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 2016-12-21 for $943,300, when JKOK LLC sold to FLAGLER 1927 LLC. The property has appreciated $943,200 (943200%) since the prior sale of $100 on 2016-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,448,875 with a market value of $3,037,872. This breaks down to $2,097,200 for the land and $940,672 for the building. The assessed value increased 10% from $2,226,250 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 $42,718, and the median home value is $319,200.

The population density is 5,016 people per square mile. There are 3 total code violations on record for this property, including 3 that have been resolved. 21657 S DIXIE HWY, 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 2016 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 260% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $50 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (3)

Permit #TypeStatusCost
C2025117783 electrical F $5,250
C2023090297 fire F
C2017105460 building expired $1,000

Code Violations

201001002385 lien
Outside Business Uses - Unpermitted
2010-03-29
201001001323 lien
Vendors - Illegal
2010-02-23
201001001315 lien
Sign violation on private property
2010-02-23

Current Owner

FLAGLER 1927 LLC
11925 SW 88 CT, MIAMI, FL, 33176
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$29,786 — $54,675
Flood $400 — $800
Property/Wind $29,386 — $53,875

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$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi

Neighborhood 21657

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
19
View full risk analysis →
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