22721 SW 115 AVE, Palmetto Bay, FL 33170
Parcel: 3060180230250 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$342,845
Property Details
Beds
3
Baths
2
Living Sqft
1,050
Year Built
1993
Lot Sqft
8,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$43,200
1995-02-01
2
$315,000+629%
2023-08-17
JOHNNY JONES → OUTSTANDING REMODELING CORP
3
$315,000
2023-09-06
4
$450,000+43%
2024-02-28
OUTSTANDING REMODELING CORP → OFELIA BALBIN
5
$450,000
2024-03-05
Tax Assessment History
$342,845
Assessed (2025)
$342,845
Market Value
$292,123
Taxable Value
$5,947
Annual Tax
2024
$343,828
2025
$342,845
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $342,845 | $342,845 | $292,123 | $5,947 | $212,627 | $130,218 |
| 2024 | $343,828 | $343,828 | $343,828 | $7,000 | $212,627 | $131,201 |
About 22721 SW 115 AVE, Palmetto Bay, FL 33170
22721 SW 115 AVE, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1993 with 1,050 square feet of living space on a 8,250 square foot lot. The property is currently owned by OFELIA BALBIN, 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 2024-03-05 for $450,000. There are 5 recorded sales for this property. The 2025 assessed value is $342,845 with a market value of $342,845.
This breaks down to $212,627 for the land and $130,218 for the building. The assessed value decreased 0% from $343,828 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. There are active mortgage liens totaling $329,435 recorded against this property.
22721 SW 115 AVE, 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 1995 to 2024, with 5 recorded transactions in the public record.
The current assessed value represents 76% of the most recent sale price. Based on the most recent sale, this property traded at $429 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..
Building Permits (2)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| W2024125945 | building | F | — | ||
| N1994000781 | plumbing | expired | — |
Current Owner
OFELIA BALBIN
22721 SW 115 AVE, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$3,828 — $6,971
Flood $400 — $800
Property/Wind $3,428 — $6,171
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 22721
100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
Mortgages
ACTIVE
$337,500
UNITED WHOLESALE MORTGAGE LLC · 2024-03-05
1 satisfied mortgage
SATISFIED 2023-09-06
$276,250
RFLF 4 LLC
Est. Total Balance $329,435
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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