12301 SW 223 ST, Palmetto Bay, FL 33170

12301 SW 223 ST, Palmetto Bay, FL 33170 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1953 with 928 square feet of living space on a 11,900 square foot lot. The property is currently owned by FMV FAMILY L P, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2006-10-01 for $275,000. The property has appreciated $246,500 (865%) since the prior sale of $28,500 on 1976-04-01. The 2025 assessed value is $192,475 with a market value of $376,571.

This breaks down to $271,600 for the land and $104,971 for the building. The assessed value increased 10% from $174,978 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.

12301 SW 223 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 1976 to 2006, with 2 recorded transactions in the public record.

The current assessed value represents 70% of the most recent sale price. Based on the most recent sale, this property traded at $296 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..