10872 SW 231 TER, Palmetto Bay, FL 33170

10872 SW 231 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : residential - total value built in 2006 with 1,667 square feet of living space on a 5,250 square foot lot. The property is currently owned by AYODELE WILLIAM OKESOLA, 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 2022-03-01 for $480,000, when LAZARO ROSALES sold to AYODELE WILLIAM OKESOLA . There are 3 recorded sales for this property. The 2025 assessed value is $280,294 with a market value of $406,548.

This breaks down to $153,750 for the land and $252,798 for the building. The assessed value increased 3% from $272,395 in 2024. The property has the following tax exemptions: homestead.

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. There are active mortgage liens totaling $319,803 recorded against this property.

10872 SW 231 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 2010 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 58% 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 $288 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..