16501 S DIXIE HWY, Palmetto Bay, FL 33157

16501 S DIXIE HWY, Palmetto Bay, FL 33157 is a automotive or marine : automotive or marine built in 1999 with 34,120 square feet of living space on a 191,326 square foot lot. The property is currently owned by DJR RLTY LLC, 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 2005-04-01 for $4,274,500. The property has appreciated $1,624,500 (61%) since the prior sale of $2,650,000 on 1996-03-01. The 2025 assessed value is $10,818,290 with a market value of $10,818,290.

This breaks down to $8,609,670 for the land and $2,208,620 for the building. The assessed value decreased 0% from $10,847,288 in 2024. The median household income in this area is $87,096, and the median home value is $608,000.

The population density is 4,240 people per square mile. 16501 S DIXIE HWY, 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 1996 to 2005, with 2 recorded transactions in the public record. The current assessed value represents 253% 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 $125 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..