22053 SW 114 AVE, Palmetto Bay, FL 33170

22053 SW 114 AVE, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1948 with 1,981 square feet of living space on a 7,500 square foot lot. The property is currently owned by FYR SFR BORROWER LLC C/O HAVENBROOK HOMES, 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 2018-08-08 for $8,943,500, when RHA 2 LLC sold to FYR SFR BORROWER LLC. The property has appreciated $8,781,500 (5421%) since the prior sale of $162,000 on 2014-09-15. There are 3 recorded sales for this property.

The 2025 assessed value is $259,174 with a market value of $390,183. This breaks down to $202,500 for the land and $187,683 for the building. The assessed value increased 10% from $235,613 in 2024.

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. 22053 SW 114 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 2013 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 3% 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. Based on the most recent sale, this property traded at $4515 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..