11101 SW 224 ST, Palmetto Bay, FL 33170

11101 SW 224 ST, Palmetto Bay, FL 33170 is a multifamily 10 units plus : multifamily 3 or more units built in 1962 with 4,158 square feet of living space on a 13,750 square foot lot. The property is currently owned by JUBILEE GAP PROPERTIES 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 2017-09-21 for $430,000, when UCP HOLDINGS LLC sold to JUBILEE GAP PROPERTIES LLC. The property has appreciated $105,000 (32%) since the prior sale of $325,000 on 2017-06-28. There are 3 recorded sales for this property.

The 2025 assessed value is $624,874 with a market value of $624,874. This breaks down to $343,750 for the land and $281,124 for the building. The assessed value increased 119% from $285,481 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. 11101 SW 224 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 1991 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 145% 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 $103 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..