21620 SW 112 AVE, Palmetto Bay, FL 33170

21620 SW 112 AVE, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1949 with 1,956 square feet of living space on a 35,980 square foot lot. The property is currently owned by TFC SOUTHLAND DEVELOPMENT LLC, 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 2026-01-21 for $1,500,000. There are 4 recorded sales for this property. The 2025 assessed value is $132,939 with a market value of $553,892.

This breaks down to $309,750 for the land and $244,142 for the building. The assessed value increased 3% from $129,193 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 $42,718, and the median home value is $319,200.

The population density is 5,016 people per square mile. 21620 SW 112 AVE, 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 sourced from miami_dade County public records.

The complete ownership history of this property spans from 2025 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 9% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

There is 1 active building permit on this property with a combined estimated cost of $1, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $767 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..