16810 S DIXIE HWY, Palmetto Bay, FL 33157

16810 S DIXIE HWY, Palmetto Bay, FL 33157 is a restaurant or cafeteria : retail outlet built in 1960 with 6,504 square feet of living space on a 12,239 square foot lot. The property is currently owned by PARTY CAKE PROPERTIES II 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 2020-06-29 for $1,650,000, when R & M FABRICS INC sold to PARTY CAKE PROPERTIES II LLC. The property has appreciated $1,290,000 (358%) since the prior sale of $360,000 on 1981-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $843,158 with a market value of $843,158. This breaks down to $550,755 for the land and $292,403 for the building. The assessed value decreased 0% from $843,647 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. 16810 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 1975 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 51% 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 $254 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..