10868 SW 228 TER, Palmetto Bay, FL 33170

Parcel: 3060180261480 · Residential - Single Family · Residential · Zoning: 0102

Assessed Value (2025)
$373,066

Property Details

Beds
3
Baths
2
Living Sqft
1,502
Year Built
2005
Lot Sqft
5,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$100non-market transfer
2012-04-05
GREENPOINT MTG FUNDINGFANNIE MAE
2
$135,000
2012-07-19
FANNIE MAEJULIAN P VARGAS HERRERA
3
$100non-market transfer
2022-06-16
JULIAN P VARGAS HERRERAALEJANDRO D VARGAS COLOMA

Tax Assessment History

$373,066
Assessed (2025)
$389,634
Market Value
$322,344
Taxable Value
$6,563
Annual Tax
2024
$362,552
$379,198
2025
$373,066
$389,634
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $373,066 $389,634 $322,344 $6,563
2024 $362,552 $379,198 $312,552 $6,363

About 10868 SW 228 TER, Palmetto Bay, FL 33170

10868 SW 228 TER, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2005 with 1,502 square feet of living space on a 5,000 square foot lot. The property is currently owned by ALEJANDRO D VARGAS COLOMA, 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 2022-06-16 for $100, when JULIAN P VARGAS HERRERA sold to ALEJANDRO D VARGAS COLOMA. The property sold for $134,900 less than the prior sale of $135,000 on 2012-07-19. There are 3 recorded sales for this property.

The 2025 assessed value is $373,066 with a market value of $389,634. This breaks down to $150,000 for the land and $239,634 for the building. The assessed value increased 3% from $362,552 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 $100,000 recorded against this property. 10868 SW 228 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 2012 to 2022, with 3 recorded transactions in the public record..

Current Owner

ALEJANDRO D VARGAS COLOMA
10868 SW 228TH TERRACE, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,638 — $4,530
Flood $400 — $800
Property/Wind $2,238 — $3,730

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 10868

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$100,000
BAPTIST HEALTH SOUTH FLORIDA FEDERAL CREDIT UNION · 2023-02-24
Est. Total Balance $100,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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