16851 S DIXIE HWY, Palmetto Bay, FL 33157

16851 S DIXIE HWY, Palmetto Bay, FL 33157 is a restaurant or cafeteria : retail outlet built in 1972 with 1,914 square feet of living space on a 16,748 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 2020-08-11 for $1,750,000, when C H THIELE sold to PARTY CAKE . The 2025 assessed value is $952,281 with a market value of $952,281. This breaks down to $753,660 for the land and $198,621 for the building.

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. 16851 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 1996 to 2020, with 2 recorded transactions in the public record. The current assessed value represents 54% 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 $914 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..