17998 SW 97 AVE, Palmetto Bay, FL 33157

Parcel: 3350320200020 · Office Building - One Story · Office Building · Zoning: 4200

Assessed Value (2025)
$1,400,000

Property Details

Living Sqft
9,699
Year Built
1960
Lot Sqft
24,829
Stories
1
OFFICE BUILDING - ONE STORY : OFFICE BUILDING

Sales History

1
N/Anon-market transfer
1998-01-01
2
$1,000,000
2004-08-01

Tax Assessment History

$1,400,000
Assessed (2025)
$1,400,000
Market Value
$1,400,000
Taxable Value
$28,503
Annual Tax
2024
$1,403,690
$1,642,748
2025
$1,400,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,400,000 $1,400,000 $1,400,000 $28,503
2024 $1,403,690 $1,642,748 $1,403,690 $28,578

About 17998 SW 97 AVE, Palmetto Bay, FL 33157

17998 SW 97 AVE, Palmetto Bay, FL 33157 is a office building - one story : office building built in 1960 with 9,699 square feet of living space on a 24,829 square foot lot. The property is currently owned by VIC NIC HOLDINGS 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 2004-08-01 for $1,000,000. The 2025 assessed value is $1,400,000 with a market value of $1,400,000. This breaks down to $1,117,305 for the land and $282,695 for the building.

The assessed value decreased 0% from $1,403,690 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.

17998 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 1998 to 2004, with 2 recorded transactions in the public record.

The current assessed value represents 140% 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 $103 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
S1993326803 electrical expired

Current Owner

VIC NIC HOLDINGS LLC
17996 SW 97 AVE, PALMETTO BAY, FL, 33157-5641
Since: 2026-04-19
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Est. Annual Insurance

$17,200 — $31,600
Flood $400 — $800
Property/Wind $16,800 — $30,800

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 17998

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
15
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