10845 SW 221 ST, Palmetto Bay, FL 33170

Parcel: 3060180120130 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$188,776

Property Details

Beds
3
Baths
1
Living Sqft
1,130
Year Built
1960
Lot Sqft
6,200
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$40,000
2013-05-23
FEDERAL HOME LOAN MTG CORPTAINO HERMES AS TRUSTEE CORP
2
$45,500+14%
2013-05-28
TAINO HERMES AS TRUSTEE CORPO J JOHNSON INC
3
$4,321,400+9398%
2019-05-03
OJ JOHNSON INCCUTLER BAY 36 LLC

Tax Assessment History

$188,776
Assessed (2025)
$276,181
Market Value
$188,776
Taxable Value
$3,843
Annual Tax
2024
$171,615
$276,347
2025
$188,776
$276,181
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $188,776 $276,181 $188,776 $3,843
2024 $171,615 $276,347 $171,615 $3,494

About 10845 SW 221 ST, Palmetto Bay, FL 33170

10845 SW 221 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1960 with 1,130 square feet of living space on a 6,200 square foot lot. The property is currently owned by CUTLER BAY 36 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 2019-05-03 for $4,321,400, when OJ JOHNSON INC sold to CUTLER BAY 36 LLC. The property has appreciated $4,275,900 (9398%) since the prior sale of $45,500 on 2013-05-28. There are 3 recorded sales for this property.

The 2025 assessed value is $188,776 with a market value of $276,181. This breaks down to $167,400 for the land and $108,781 for the building. The assessed value increased 10% from $171,615 in 2024.

The median household income in this area is $71,250, and the median home value is $381,900. The population density is 6,352 people per square mile. 10845 SW 221 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 2013 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 4% 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 $3824 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

CUTLER BAY 36 LLC
7101 CORAL WAY, MIAMI, FL, 33155
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$2,665 — $4,953
Flood $400 — $800
Property/Wind $2,265 — $4,153

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$71,250
Median Home Value$381,900
Pop. Density6,352/sq mi

Neighborhood 10845

100%
Owner-Occ
0%
Investor
5
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →
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