11055 SW 221 TER, Palmetto Bay, FL 33170

Parcel: 3060180220030 · Residential - Single Family · 1 Unit · Zoning: 0101

Assessed Value (2025)
$314,974

Property Details

Beds
3
Baths
2
Living Sqft
1,221
Year Built
1996
Lot Sqft
5,526
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$160,000
1993-06-01
2
$62,000-61%
1996-06-01

Tax Assessment History

$314,974
Assessed (2025)
$314,974
Market Value
$314,974
Taxable Value
$6,413
Annual Tax
2024
$317,207
2025
$314,974
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $314,974 $314,974 $314,974 $6,413
2024 $317,207 $317,207 $317,207 $6,458

About 11055 SW 221 TER, Palmetto Bay, FL 33170

11055 SW 221 TER, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1996 with 1,221 square feet of living space on a 5,526 square foot lot. The property is currently owned by NIKITA M ROLLE EST OF, 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 1996-06-01 for $62,000. The property sold for $98,000 less than the prior sale of $160,000 on 1993-06-01. The 2025 assessed value is $314,974 with a market value of $314,974.

This breaks down to $154,140 for the land and $160,834 for the building. The assessed value decreased 1% from $317,207 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. 11055 SW 221 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 1996, with 2 recorded transactions in the public record. The current assessed value represents 508% 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 $51 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2004183240 limp expired

Current Owner

NIKITA M ROLLE EST OF
11055 SW 221 TERR, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,919 — $5,209
Flood $400 — $800
Property/Wind $2,519 — $4,409

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 11055

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →
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