241 PALMETTO DR, Miami Springs, FL 33166

Parcel: 0531190101150 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0600

Assessed Value (2025)
$676,032

Property Details

Beds
3
Baths
2
Living Sqft
2,049
Year Built
1926
Lot Sqft
14,200
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$87,879
2014-10-16
CHARLES CISNEROS &W GRISETPALMETTO 241 LLC
2
$74,000-16%
2018-02-26
PALMETTO 241 LLCGRISET CISNEROS
3
$550,000+643%
2021-07-28
GRISET CISNEROSCLAUDIA MARCELA BARCO

Tax Assessment History

$676,032
Assessed (2025)
$715,089
Market Value
$625,310
Taxable Value
$12,731
Annual Tax
2024
$636,691
$685,265
2025
$676,032
$715,089
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $676,032 $715,089 $625,310 $12,731
2024 $636,691 $685,265 $586,691 $11,945

About 241 PALMETTO DR, Miami Springs, FL 33166

241 PALMETTO DR, Miami Springs, FL 33166 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1926 with 2,049 square feet of living space on a 14,200 square foot lot. The property is currently owned by CLAUDIA MARCELA BARCO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-07-28 for $550,000, when GRISET CISNEROS sold to CLAUDIA MARCELA BARCO. The property has appreciated $476,000 (643%) since the prior sale of $74,000 on 2018-02-26. There are 3 recorded sales for this property.

The 2025 assessed value is $676,032 with a market value of $715,089. This breaks down to $537,075 for the land and $178,014 for the building. The assessed value increased 6% from $636,691 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

The median household income in this area is $90,137, and the median home value is $484,300. The population density is 6,034 people per square mile. There are active mortgage liens totaling $493,041 recorded against this property.

241 PALMETTO DR, Miami Springs, FL 33166 is located in Miami Springs, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Springs property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2014 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 123% 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 $268 per square foot — a key metric for comparing value across Miami Springs's real estate market..

Current Owner

CLAUDIA MARCELA BARCO
241 PALMETTO DR, MIAMI SPRINGS, FL, 33166
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$8,512 — $15,672
Flood $400 — $800
Property/Wind $8,112 — $14,872

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$90,137
Median Home Value$484,300
Pop. Density6,034/sq mi

Neighborhood 33166

52.3%
Owner-Occ
47.7%
Investor
305
Flips (4yr)
14,347
New Biz (3yr)
Distress Risk
MODERATE
40
View full risk analysis →

Mortgages

ACTIVE
$522,500
~$493,041 bal.
CALIBER HOME LOANS INC · 2021-08-05
Est. Total Balance $493,041
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales