16690 SW 232 ST, Palmetto Bay, FL 33170

16690 SW 232 ST, Palmetto Bay, FL 33170 is a 5-bedroom, 4.5-bathroom impr agri : residential - single family built in 1991 with 3,156 square feet of living space on a 172,497 square foot lot. The property is currently owned by HUGO RENE OLIVARES, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-11-25 for $500,000, when MIROLJUB FILIPOVIC sold to HUGO RENE OLIVARES. The property sold for $150,000 less than the prior sale of $650,000 on 2018-06-29. There are 3 recorded sales for this property.

The 2025 assessed value is $715,022 with a market value of $1,085,597. This breaks down to $613,800 for the land and $471,797 for the building. The assessed value increased 4% from $690,264 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. 16690 SW 232 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 2016 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 143% 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.

There are 3 active building permits on this property with a combined estimated cost of $5,850, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $158 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..