11997 SW 218 ST, Palmetto Bay, FL 33170

Parcel: 3069120040951 · MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS · Zoning: 6261

Assessed Value (2025)
$572,981

Property Details

Beds
4
Baths
4
Living Sqft
2,374
Year Built
2024
Lot Sqft
7,350
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100,000
2023-03-03
JDBE INVESTMENTS LLCTHE JG 11997 LAND TRUST
2
$100non-market transfer
2023-04-06
JDBE INVESTMENTS LLCIVAN RABINOVICH DEVELOPMENT LLC TRS
3
$765,000
2025-01-23
IVAN RABINOVICH DEV LLC TRSDIXON E ROSALES RODRIGUEZ

Tax Assessment History

$572,981
Assessed (2025)
$628,106
Market Value
$572,981
Taxable Value
$11,665
Annual Tax
2024
$183,750
2025
$572,981
$628,106
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $572,981 $628,106 $572,981 $11,665
2024 $183,750 $183,750 $183,750 $3,741

About 11997 SW 218 ST, Palmetto Bay, FL 33170

11997 SW 218 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 2024 with 2,374 square feet of living space on a 7,350 square foot lot. The property is currently owned by DIXON E ROSALES RODRIGUEZ, 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 2025-01-23 for $765,000, when IVAN RABINOVICH DEV LLC TRS sold to DIXON E ROSALES RODRIGUEZ. The property has appreciated $764,900 (764900%) since the prior sale of $100 on 2023-04-06. There are 3 recorded sales for this property.

The 2025 assessed value is $572,981 with a market value of $628,106. This breaks down to $257,250 for the land and $370,856 for the building. The assessed value increased 212% from $183,750 in 2024.

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 $80,306, and the median home value is $499,700.

The population density is 1,254 people per square mile. 11997 SW 218 ST, Palmetto Bay, FL 33170 is located in Palmetto Bay, Florida. Property records, tax assessments, sales history, and ownership information for this Palmetto Bay property are available through Miami-Dade County public records.

The complete ownership history of this property spans from 2023 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 75% of the most recent sale price. Based on the most recent sale, this property traded at $322 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (4)

Permit #TypeStatusCost
W2025003148 electrical F
W2024128274 electrical F
W2024122136 plumbing F
C2024000160 building F $492,606

Current Owner

DIXON E ROSALES RODRIGUEZ
11997 SW 218 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,837 — $6,529
Flood $400 — $800
Property/Wind $3,437 — $5,729

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$80,306
Median Home Value$499,700
Pop. Density1,254/sq mi

Neighborhood 11997

0%
Corp-Owned
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
13
View full risk analysis →
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