15315 S DIXIE HWY, Palmetto Bay, FL 33157

Parcel: 3350280640010 · Professional Service Bldg · Office Building · Zoning: 6200

Assessed Value (2025)
$5,180,000

Property Details

Living Sqft
36,297
Year Built
1989
Lot Sqft
73,736
Stories
3
PROFESSIONAL SERVICE BLDG : OFFICE BUILDING

Sales History

1
$2,150,000
1990-12-01
2
$11,950,000+456%
2026-03-26
CORAL REEF PLAZA INCCORAL REEF SHOPPING PLAZA LLC

Tax Assessment History

$5,180,000
Assessed (2025)
$5,180,000
Market Value
$5,180,000
Taxable Value
$105,461
Annual Tax
2024
$6,070,293
2025
$5,180,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $5,180,000 $5,180,000 $5,180,000 $105,461
2024 $6,070,293 $6,070,293 $6,070,293 $123,586

About 15315 S DIXIE HWY, Palmetto Bay, FL 33157

15315 S DIXIE HWY, Palmetto Bay, FL 33157 is a professional service bldg : office building built in 1989 with 36,297 square feet of living space on a 73,736 square foot lot. The property is currently owned by CORAL REEF SHOPPING PLAZA LLC, recorded as of 2026-05-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-03-26 for $11,950,000, when CORAL REEF PLAZA INC sold to CORAL REEF SHOPPING PLAZA LLC. The property has appreciated $9,800,000 (456%) since the prior sale of $2,150,000 on 1990-12-01. The 2025 assessed value is $5,180,000 with a market value of $5,180,000.

This breaks down to $5,170,000 for the land and $10,000 for the building. The assessed value decreased 15% from $6,070,293 in 2024. The median household income in this area is $160,809, and the median home value is $724,500.

The population density is 4,676 people per square mile. 15315 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 1990 to 2026, with 2 recorded transactions in the public record. The current assessed value represents 43% 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 $329 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (6)

Permit #TypeStatusCost
N1992064656 mechanical expired
N1992062886 mechanical expired
C1989077925 plumbing expired
N1989065769 electrical expired
C1989038774 mechanical expired
C1988095185 building expired

Current Owner

CORAL REEF SHOPPING PLAZA LLC
7165 SW 47 ST 320, MIAMI, FL, 33157
Since: 2026-05-03
View owner profile →

People Behind This Entity

Est. Annual Insurance

$52,200 — $94,040
Flood $400 — $800
Property/Wind $51,800 — $93,240

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$160,809
Median Home Value$724,500
Pop. Density4,676/sq mi

Neighborhood 15315

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →
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