21800 SW 162 AVE, Palmetto Bay, FL 33170

21800 SW 162 AVE, Palmetto Bay, FL 33170 is a impr agri - not homesites : office building built in 2014 with 42,585 square feet of living space on a 653,400 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 2011-07-29 for $755,000, when COMMUNITY BANK OF FLORIDA INC sold to MCF LAND HOLDINGS LLP. The property has appreciated $754,900 (754900%) since the prior sale of $100 on 2011-03-04. There are 3 recorded sales for this property.

The 2025 assessed value is $5,535,019 with a market value of $6,757,519. This breaks down to $1,275,000 for the land and $5,482,519 for the building. The assessed value decreased 1% from $5,594,611 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 $97,395, and the median home value is $602,600.

The population density is 469 people per square mile. 21800 SW 162 AVE, 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 1974 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 733% 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 $18 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..