488 PALMETTO DR, Miami Springs, FL 33166

Parcel: 0531190103120 · Residential - Single Family · 1 Unit · Zoning: 0600

Assessed Value (2025)
$256,425

Property Details

Beds
3
Baths
2
Living Sqft
2,025
Year Built
1950
Lot Sqft
9,192
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$270,000
2003-12-01

Tax Assessment History

$256,425
Assessed (2025)
$617,829
Market Value
$205,703
Taxable Value
$4,188
Annual Tax
2024
$249,199
$582,832
2025
$256,425
$617,829
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $256,425 $617,829 $205,703 $4,188
2024 $249,199 $582,832 $199,199 $4,056

About 488 PALMETTO DR, Miami Springs, FL 33166

488 PALMETTO DR, Miami Springs, FL 33166 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1950 with 2,025 square feet of living space on a 9,192 square foot lot. The property is currently owned by JOHN SALOMON MALREN MOLLINER, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2003-12-01 for $270,000. The 2025 assessed value is $256,425 with a market value of $617,829. This breaks down to $413,127 for the land and $204,702 for the building.

The assessed value increased 3% from $249,199 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $72,778, and the median home value is $472,500. The population density is 4,067 people per square mile.

488 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 current assessed value represents 95% of the most recent sale price.

Based on the most recent sale, this property traded at $133 per square foot — a key metric for comparing value across Miami Springs's real estate market..

Current Owner

JOHN SALOMON MALREN MOLLINER
488 PALMETTO DR, MIAMI, FL, 33166-5826
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,477 — $6,441
Flood $400 — $800
Property/Wind $3,077 — $5,641

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$72,778
Median Home Value$472,500
Pop. Density4,067/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 →
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