11250 SW 218 ST, Palmetto Bay, FL 33170

11250 SW 218 ST, Palmetto Bay, FL 33170 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1950 with 1,096 square feet of living space on a 7,875 square foot lot. The property is currently owned by MAURICIO ARAYA, 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 2011-07-14 for $25,000, when BAYSHORE TRUST LLC sold to MAURICIO ARAYA. The property has appreciated $5,000 (25%) since the prior sale of $20,000 on 2011-07-14. There are 3 recorded sales for this property.

The 2025 assessed value is $51,635 with a market value of $301,305. This breaks down to $207,562 for the land and $93,743 for the building. The assessed value increased 3% from $50,180 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. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 11250 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 sourced from miami_dade County public records.

The complete ownership history of this property spans from 1995 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 207% 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 $23 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..