9742 BANYAN ST, Palmetto Bay, FL 33157

Parcel: 3350320042530 · Automotive Or Marine · Automotive Or Marine · Zoning: 4100

Assessed Value (2025)
$9,735,000

Property Details

Living Sqft
48,032
Year Built
2024
Lot Sqft
99,757
Stories
1
AUTOMOTIVE OR MARINE : AUTOMOTIVE OR MARINE

Sales History

1
$150,000
1986-08-01
2
$1,250,000+733%
2016-07-28
VIJAY P RAMPERSAD &W INDRA SOUTH DADE IMPORTS LLC

Tax Assessment History

$9,735,000
Assessed (2025)
$9,735,000
Market Value
$9,735,000
Taxable Value
$198,197
Annual Tax
2024
$567,675
2025
$9,735,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $9,735,000 $9,735,000 $9,735,000 $198,197
2024 $567,675 $567,675 $567,675 $11,557

About 9742 BANYAN ST, Palmetto Bay, FL 33157

9742 BANYAN ST, Palmetto Bay, FL 33157 is a automotive or marine : automotive or marine built in 2024 with 48,032 square feet of living space on a 99,757 square foot lot. The property is currently owned by SOUTH DADE IMPORTS LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2016-07-28 for $1,250,000, when VIJAY P RAMPERSAD &W INDRA sold to SOUTH DADE IMPORTS LLC. The property has appreciated $1,100,000 (733%) since the prior sale of $150,000 on 1986-08-01. The 2025 assessed value is $9,735,000 with a market value of $9,735,000.

This breaks down to $4,489,065 for the land and $5,245,935 for the building. The assessed value increased 1615% from $567,675 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. 9742 BANYAN ST, 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 1986 to 2016, with 2 recorded transactions in the public record. The current assessed value represents 779% 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 $26 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

SOUTH DADE IMPORTS LLC
1550 BISCAYNE BLVD STE 300, MIAMI, FL, 33132-1464
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$58,810 — $98,150
Flood $400 — $800
Property/Wind $58,410 — $97,350

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$87,096
Median Home Value$608,000
Pop. Density4,240/sq mi

Neighborhood 33157

46.3%
Owner-Occ
53.7%
Investor
161
Flips (4yr)
2,488
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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