16970 SW 264 ST, Miami-Dade County, FL 33031

16970 SW 264 ST, Miami-Dade County, FL 33031 is a 6-bedroom, 6-bathroom multifamily 2-9 units : 2 living units built in 1957 with 4,768 square feet of living space on a 120,225 square foot lot. The property is currently owned by DON W PELTON III, 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 2018-06-16 for $690,000, when 16970 SW 264 STREET LLC sold to DON W PELTON III. The property has appreciated $689,900 (689900%) since the prior sale of $100 on 2016-06-27. There are 3 recorded sales for this property.

The 2025 assessed value is $838,696 with a market value of $1,264,327. This breaks down to $552,000 for the land and $712,327 for the building. The assessed value increased 10% from $762,451 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 $71,250, and the median home value is $437,500.

The population density is 352 people per square mile. The complete ownership history of this property spans from 2005 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 122% 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 $145 per square foot — a key metric for comparing value across the area's real estate market..