18161 SW 98th Ct Palmetto Bay, FL 33157
Estimated payment $14,879/month
Highlights
- 20,000 Acre Lot
- Corner Lot
- No HOA
- Dr. Henry E. Perrine Academy Of The Arts Rated A-
About This Lot
The properties at 18191 SW 97 Avenue and 18200 Holcomb Avenue in Palmetto Bay offer a strong opportunity for multifamily development. Together, the parcels total nearly 20,000 square feet and are located within an Opportunity Zone, creating favorable conditions for redevelopment. Strategically positioned near US-1, they benefit from proximity to retail, dining, and new commercial growth, all of which support higher density residential demand. Palmetto Bay, known as the “Village of Parks,” is a desirable, family-oriented community with strong schools and amenities, making these parcels ideal for rezoning into mid-rise multifamily housing with long-term appreciation potential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,546
Lot Details
- 20,000 Acre Lot
- Lot Dimensions are 100x200
- Corner Lot
- Property is zoned 6800
Community Details
- No Home Owners Association
- Morningside Acres Condos
- Morningside Acres Subdivision
Listing and Financial Details
- Assessor Parcel Number 33-50-32-007-0860
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,546 | $455,511 | -- | -- |
| 2024 | $8,176 | $414,101 | -- | -- |
| 2023 | $8,176 | $376,456 | $0 | $0 |
| 2022 | $6,258 | $342,233 | $0 | $0 |
| 2021 | $5,952 | $311,121 | $0 | $0 |
| 2020 | $5,616 | $357,915 | $300,000 | $57,915 |
| 2019 | $5,325 | $355,466 | $300,000 | $55,466 |
| 2018 | $4,255 | $255,555 | $200,000 | $55,555 |
| 2017 | $3,968 | $212,501 | $0 | $0 |
| 2016 | $3,534 | $193,183 | $0 | $0 |
| 2015 | $3,527 | $187,833 | $0 | $0 |
| 2014 | $3,570 | $186,205 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | For Sale | $2,600,000 | -- | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11861142
APN: 33-5032-007-0860
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