12598 TROPICAL WAY, Pinecrest, FL 33156
Parcel: 2050130030890 · Residential - Single Family · 1 Unit · Zoning: 2300
Assessed Value (2025)
$3,664,558
Property Details
Beds
6
Baths
7
Living Sqft
6,622
Year Built
1952
Lot Sqft
40,859
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$1,445,000
2014-08-29
JEREMY A KOSS &W LAURA A → WESLEY H YALE JR
2
$100non-market transfer
2015-08-13
WESLEY H YALE JR → WESLEY YALE JR TRS
3
$2,965,700
2021-08-03
WESLEY YALE JR TRS → THOMAS GAVIN WELLS
Tax Assessment History
$3,664,558
Assessed (2025)
$3,951,589
Market Value
$3,613,836
Taxable Value
$73,575
Annual Tax
2024
$3,561,281
2025
$3,664,558
$3,951,589
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $3,664,558 | $3,951,589 | $3,613,836 | $73,575 | $2,247,245 | $1,704,344 |
| 2024 | $3,561,281 | $3,561,281 | $3,511,281 | $71,487 | $1,838,655 | $1,722,626 |
About 12598 TROPICAL WAY, Pinecrest, FL 33156
12598 TROPICAL WAY, Pinecrest, FL 33156 is a 6-bedroom, 7-bathroom residential - single family : 1 unit built in 1952 with 6,622 square feet of living space on a 40,859 square foot lot. The property is currently owned by THOMAS GAVIN WELLS CRISTINA WELLS, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2021-08-03 for $2,965,700, when WESLEY YALE JR TRS sold to THOMAS GAVIN WELLS. The property has appreciated $2,965,600 (2965600%) since the prior sale of $100 on 2015-08-13. There are 3 recorded sales for this property.
The 2025 assessed value is $3,664,558 with a market value of $3,951,589. This breaks down to $2,247,245 for the land and $1,704,344 for the building. The assessed value increased 3% from $3,561,281 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 $250,001, and the median home value is $1,284,800. The population density is 2,033 people per square mile. There are active mortgage liens totaling $1,699,186 recorded against this property.
12598 TROPICAL WAY, Pinecrest, FL 33156 is located in Pinecrest, Florida. Property records, tax assessments, sales history, and ownership information for this Pinecrest 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 124% 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 $448 per square foot — a key metric for comparing value across Pinecrest's real estate market..
Current Owner
THOMAS GAVIN WELLS CRISTINA WELLS
12598 SW 60 CT, MIAMI, FL, 33156
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$44,374 — $81,420
Flood $400 — $800
Property/Wind $43,974 — $80,620
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$250,001
Median Home Value$1,284,800
Pop. Density2,033/sq mi
Neighborhood 12598
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
23
Mortgages
ACTIVE
$1,800,000
CITY NATIONAL BANK OF FLORIDA · 2021-08-18
Est. Total Balance $1,699,186
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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