16780 OLD CUTLER RD, Palmetto Bay, FL 33157

Parcel: 3350260000140 · Service Station · Retail Outlet · Zoning: 6200

Assessed Value (2025)
$436,555

Property Details

Living Sqft
1,837
Year Built
1958
Lot Sqft
10,977
Stories
1
SERVICE STATION : RETAIL OUTLET

Sales History

1
$250,000
1989-06-01
2
$169,000-32%
1994-10-01
3
$707,000+318%
1997-04-01

Tax Assessment History

$436,555
Assessed (2025)
$436,555
Market Value
$436,555
Taxable Value
$8,888
Annual Tax
2024
$438,394
2025
$436,555
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $436,555 $436,555 $436,555 $8,888
2024 $438,394 $438,394 $438,394 $8,925

About 16780 OLD CUTLER RD, Palmetto Bay, FL 33157

16780 OLD CUTLER RD, Palmetto Bay, FL 33157 is a service station : retail outlet built in 1958 with 1,837 square feet of living space on a 10,977 square foot lot. The property is currently owned by RK OIL INC, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 1997-04-01 for $707,000. The property has appreciated $538,000 (318%) since the prior sale of $169,000 on 1994-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $436,555 with a market value of $436,555. This breaks down to $312,844 for the land and $123,711 for the building. The assessed value decreased 0% from $438,394 in 2024.

The median household income in this area is $216,711, and the median home value is $866,300. The population density is 2,542 people per square mile. 16780 OLD CUTLER RD, Palmetto Bay, FL 33157 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 1989 to 1997, with 3 recorded transactions in the public record. The current assessed value represents 62% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $385 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
N1995025902 plumbing expired

Current Owner

RK OIL INC
16780 OLD CUTLER RD, MIAMI, FL, 33157-2504
Since: 2026-04-19
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Est. Annual Insurance

$5,638 — $10,404
Flood $400 — $800
Property/Wind $5,238 — $9,604

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$216,711
Median Home Value$866,300
Pop. Density2,542/sq mi

Neighborhood 16780

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
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