22524 SW 114 PL, Palmetto Bay, FL 33170

Parcel: 3060180160260 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$209,587

Property Details

Beds
3
Baths
1
Living Sqft
1,040
Year Built
1972
Lot Sqft
7,324
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$21,000
1973-04-01
2
N/Anon-market transfer
2013-07-22
LOUIS C SMITHCHERYL SMITH
3
$10,600
2018-06-16
JEFFREY SMITHTRAVIS SMITH

Tax Assessment History

$209,587
Assessed (2025)
$309,880
Market Value
$209,587
Taxable Value
$4,267
Annual Tax
2024
$190,534
$310,737
2025
$209,587
$309,880
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $209,587 $309,880 $209,587 $4,267
2024 $190,534 $310,737 $190,534 $3,879

About 22524 SW 114 PL, Palmetto Bay, FL 33170

22524 SW 114 PL, Palmetto Bay, FL 33170 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1972 with 1,040 square feet of living space on a 7,324 square foot lot. The property is currently owned by TRAVIS SMITH, 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 2018-06-16 for $10,600, when JEFFREY SMITH sold to TRAVIS SMITH. There are 3 recorded sales for this property. The 2025 assessed value is $209,587 with a market value of $309,880.

This breaks down to $197,748 for the land and $112,132 for the building. The assessed value increased 10% from $190,534 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. There are active mortgage liens totaling $127,159 recorded against this property. 22524 SW 114 PL, 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 1973 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 1977% 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 $10 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
S1993062115 building expired $2,500

Current Owner

TRAVIS SMITH
12016 IMAGINARY WAY, ORLANDO, FL, 32832-5160
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,495 — $4,572
Flood $400 — $800
Property/Wind $2,095 — $3,772

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$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi

Neighborhood 22524

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
16
View full risk analysis →

Mortgages

ACTIVE
$135,600
~$127,159 bal.
BANK OF AMERICA NA · 2021-04-22
Est. Total Balance $127,159
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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