18330 SW 97 AVE, Palmetto Bay, FL 33157

Parcel: 3350320070620 · Professional Service Bldg · Office Building · Zoning: 6800

Assessed Value (2025)
$699,152

Property Details

Beds
3
Baths
1
Living Sqft
2,071
Year Built
1955
Lot Sqft
10,163
Stories
1
PROFESSIONAL SERVICE BLDG : OFFICE BUILDING

Sales History

1
$1,000,000
2019-02-28
EDWARD P MACDOUGALL &W BARBARAFRANJO MEDICAL OFFICES LLC
2
$100non-market transfer
2024-11-26
FRANJO MEDICAL OFFICES LLCOPTICAL CRIME PREVENTION INC
3
N/A
2024-12-03
4
$427,500
2026-03-06
OPTICAL CRIME PREVENTION INCFRANJO PROPERTIES LLC

Tax Assessment History

$699,152
Assessed (2025)
$699,152
Market Value
$699,152
Taxable Value
$14,234
Annual Tax
2024
$555,506
$699,309
2025
$699,152
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $699,152 $699,152 $699,152 $14,234
2024 $555,506 $699,309 $555,506 $11,310

About 18330 SW 97 AVE, Palmetto Bay, FL 33157

18330 SW 97 AVE, Palmetto Bay, FL 33157 is a 3-bedroom, 1-bathroom professional service bldg : office building built in 1955 with 2,071 square feet of living space on a 10,163 square foot lot. The property is currently owned by FRANJO PROPERTIES 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 2026-03-06 for $427,500, when OPTICAL CRIME PREVENTION INC sold to FRANJO PROPERTIES LLC. There are 4 recorded sales for this property. The 2025 assessed value is $699,152 with a market value of $699,152.

This breaks down to $558,965 for the land and $140,187 for the building. The assessed value increased 26% from $555,506 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. There are active mortgage liens totaling $915,000 recorded against this property. 18330 SW 97 AVE, 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 2019 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 164% 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 $206 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

FRANJO PROPERTIES LLC
18330 SW 97 AVE, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

People Behind This Entity

Registered Agent: 9720 SW 183RD LLC
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Est. Annual Insurance

$8,789 — $16,181
Flood $400 — $800
Property/Wind $8,389 — $15,381

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 18330

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
View full risk analysis →

Mortgages

ACTIVE
$915,000
0
EXPRESS PROPERTIES LLC · 2021-12-28
Est. Total Balance $915,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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