16940 SW 94 AVE, Palmetto Bay, FL 33157

Parcel: 3350330030080 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$488,744

Property Details

Beds
5
Baths
4
Living Sqft
1,918
Year Built
2003
Lot Sqft
6,250
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$17,500
2000-04-01
2
$162,000+826%
2003-03-01
3
$100non-market transfer
2021-05-19
MERCEDES VALLEMERVAROS HOLDINGS LLC

Tax Assessment History

$488,744
Assessed (2025)
$488,744
Market Value
$488,744
Taxable Value
$9,950
Annual Tax
2024
$484,162
$487,938
2025
$488,744
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $488,744 $488,744 $488,744 $9,950
2024 $484,162 $487,938 $484,162 $9,857

About 16940 SW 94 AVE, Palmetto Bay, FL 33157

16940 SW 94 AVE, Palmetto Bay, FL 33157 is a 5-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 2003 with 1,918 square feet of living space on a 6,250 square foot lot. The property is currently owned by MERVAROS 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 2021-05-19 for $100, when MERCEDES VALLE sold to MERVAROS HOLDINGS LLC. The property sold for $161,900 less than the prior sale of $162,000 on 2003-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $488,744 with a market value of $488,744. This breaks down to $250,000 for the land and $238,744 for the building. The assessed value increased 1% from $484,162 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. 16940 SW 94 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 2000 to 2021, with 3 recorded transactions in the public record..

Current Owner

MERVAROS HOLDINGS LLC
4420 SW 154 CT, MIAMI, FL, 33185
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$3,332 — $5,687
Flood $400 — $800
Property/Wind $2,932 — $4,887

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 16940

100%
Owner-Occ
0%
Investor
14
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
View full risk analysis →
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