22722 SW 114 PL, Palmetto Bay, FL 33170

22722 SW 114 PL, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1994 with 1,250 square feet of living space on a 8,250 square foot lot. The property is currently owned by 5420 OCEAN DR INVESTMENTS 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 2025-12-03 for $315,000. There are 4 recorded sales for this property. The 2025 assessed value is $200,609 with a market value of $352,228.

This breaks down to $212,627 for the land and $139,601 for the building. The assessed value increased 3% from $194,956 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 $7,154 recorded against this property.

22722 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 1994 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 64% 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 $252 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..