10864 SW 229 ST, Palmetto Bay, FL 33170

Parcel: 3060180261220 · Residential - Single Family · Residential · Zoning: 0102

Assessed Value (2025)
$339,227

Property Details

Beds
3
Baths
2
Living Sqft
1,502
Year Built
2006
Lot Sqft
5,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$10non-market transfer
2008-11-06
BETTY ORDONEZRUBY DIAMOND
2
$100non-market transfer
2011-01-11
RUBY DIAMONDHORACIO CORREA
3
$40,000
2016-04-30
HORACIO CORREAJOSEPH MARTINEZ

Tax Assessment History

$339,227
Assessed (2025)
$397,593
Market Value
$339,227
Taxable Value
$6,906
Annual Tax
2024
$308,389
$386,993
2025
$339,227
$397,593
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $339,227 $397,593 $339,227 $6,906
2024 $308,389 $386,993 $308,389 $6,279

About 10864 SW 229 ST, Palmetto Bay, FL 33170

10864 SW 229 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2006 with 1,502 square feet of living space on a 5,000 square foot lot. The property is currently owned by JOSEPH MARTINEZ, 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 2016-04-30 for $40,000, when HORACIO CORREA sold to JOSEPH MARTINEZ. The property has appreciated $39,900 (39900%) since the prior sale of $100 on 2011-01-11. There are 3 recorded sales for this property.

The 2025 assessed value is $339,227 with a market value of $397,593. This breaks down to $155,000 for the land and $242,593 for the building. The assessed value increased 10% from $308,389 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. 10864 SW 229 ST, 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 2008 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 848% 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 $27 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JOSEPH MARTINEZ
18245 SW 228 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,435 — $4,192
Flood $400 — $800
Property/Wind $2,035 — $3,392

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 10864

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
19
View full risk analysis →
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