16550 SW 216 ST, Palmetto Bay, FL 33170

Parcel: 3069170000140 · Impr Agri · Residential - Single Family · Zoning: 9000

Assessed Value (2025)
$814,069

Property Details

Beds
3
Baths
2
Living Sqft
3,552
Year Built
1949
Lot Sqft
217,800
Stories
1
IMPR AGRI : RESIDENTIAL - SINGLE FAMILY

Sales History

1
$297,500
2018-09-04
INAKY MARKEVITCH &W INAKY MARKEVITCH
2
$930,000+213%
2021-09-13
INAKY MARKEVITCHGREENWICH UNITS LLC
3
$100non-market transfer
2023-01-12
GREENWICH UNITS LLCJESUS SANTIAGO VERA
4
N/A
2023-01-13

Tax Assessment History

$814,069
Assessed (2025)
$1,267,610
Market Value
$763,347
Taxable Value
$15,541
Annual Tax
2024
$791,405
$1,148,135
2025
$814,069
$1,267,610
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $814,069 $1,267,610 $763,347 $15,541
2024 $791,405 $1,148,135 $741,405 $15,094

About 16550 SW 216 ST, Palmetto Bay, FL 33170

16550 SW 216 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom impr agri : residential - single family built in 1949 with 3,552 square feet of living space on a 217,800 square foot lot. The property is currently owned by JESUS SANTIAGO VERA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 4 recorded sales for this property. The 2025 assessed value is $814,069 with a market value of $1,267,610. This breaks down to $775,000 for the land and $492,610 for the building.

The assessed value increased 3% from $791,405 in 2024. The property has the following tax exemptions: homestead. 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.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. 16550 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 2018 to 2023, with 4 recorded transactions in the public record..

Building Permits (2)

Permit #TypeStatusCost
C2024173673 building F $18,000
C2024137930 building F $22,000

Code Violations 1 open

A2025002240 open
2025-04-11

Distress Signals

  • 1 open code violation

Current Owner

JESUS SANTIAGO VERA
16550 SW 216 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$10,168 — $18,709
Flood $400 — $800
Property/Wind $9,768 — $17,909

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$97,395
Median Home Value$602,600
Pop. Density469/sq mi

Neighborhood 16550

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →
Zoom in to see property sales