18320 SW 97 AVE, Palmetto Bay, FL 33157

18320 SW 97 AVE, Palmetto Bay, FL 33157 is a office building - one story : office building built in 1958 with 1,390 square feet of living space on a 10,175 square foot lot. The property is currently owned by FRANJO PROPERTIES 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 2026-03-06 for $155,000, when OPTICAL CRIME PREVENTION INC sold to FRANJO PROPERTIES LLC. The property has appreciated $154,900 (154900%) since the prior sale of $100 on 2024-11-26. There are 3 recorded sales for this property.

The 2025 assessed value is $548,174 with a market value of $548,174. This breaks down to $457,875 for the land and $90,299 for the building. The assessed value increased 20% from $457,905 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. 18320 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 3 recorded transactions in the public record. The current assessed value represents 354% 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 $112 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..