11372 SW 227 TER, Palmetto Bay, FL 33170

Parcel: 3060180160690 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$74,215

Property Details

Beds
3
Baths
1
Living Sqft
1,040
Year Built
1973
Lot Sqft
7,888
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$49,900
1993-03-01
2
N/Anon-market transfer
2005-08-01
3
$169,000
2006-06-01

Tax Assessment History

$74,215
Assessed (2025)
$333,284
Market Value
$25,000
Taxable Value
$509
Annual Tax
2024
$72,124
$334,187
2025
$74,215
$333,284
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $74,215 $333,284 $25,000 $509
2024 $72,124 $334,187 $25,000 $509

About 11372 SW 227 TER, Palmetto Bay, FL 33170

11372 SW 227 TER, Palmetto Bay, FL 33170 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1973 with 1,040 square feet of living space on a 7,888 square foot lot. The property is currently owned by MARK A MCKINNEY JR, 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 2006-06-01 for $169,000. There are 3 recorded sales for this property. The 2025 assessed value is $74,215 with a market value of $333,284.

This breaks down to $207,738 for the land and $125,546 for the building. The assessed value increased 3% from $72,124 in 2024. The property has the following tax exemptions: homestead.

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. 11372 SW 227 TER, 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 1993 to 2006, with 3 recorded transactions in the public record. The current assessed value represents 44% 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 $163 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MARK A MCKINNEY JR
11372 SW 227 TERR, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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 11372

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
25
View full risk analysis →
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