10863 SW 229 ST, Palmetto Bay, FL 33170

Parcel: 3060180261540 · Residential - Single Family · Residential · Zoning: 0102

Assessed Value (2025)
$392,908

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
$388,900
2021-07-15
PATRIK J BRIMOZILLOW HOMES PROPERTY TRUST
2
$415,000+7%
2021-08-30
ZILLOW HOMES PROPERTY TRUSTRONALD VILLAMIL PUIG
3
$178,300-57%
2022-12-28
RONALD VILLAMIL PUIGRONALD VILLAMIL PUIG
4
$178,300
2023-01-03

Tax Assessment History

$392,908
Assessed (2025)
$392,908
Market Value
$392,908
Taxable Value
$7,999
Annual Tax
2024
$382,506
2025
$392,908
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $392,908 $392,908 $392,908 $7,999
2024 $382,506 $382,506 $382,506 $7,788

About 10863 SW 229 ST, Palmetto Bay, FL 33170

10863 SW 229 ST, 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 RONALD VILLAMIL PUIG, 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 2023-01-03 for $178,300. There are 4 recorded sales for this property. The 2025 assessed value is $392,908 with a market value of $392,908.

This breaks down to $150,000 for the land and $242,908 for the building. The assessed value increased 3% from $382,506 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. There are active mortgage liens totaling $345,499 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 10863 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 2021 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 220% 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.

There is 1 active building permit on this property, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $119 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (8)

Permit #TypeStatusCost
C2026025396 building A
C2026025818 building F $25,000
C2026028912 building F
C2025176199 electrical F $225
C2025161744 electrical F $175
C2025110980 building F
C2025025935 building F $1,000
C2024015019 building F $3,900

Code Violations 1 open

20250240825 open
2025-08-11

Distress Signals

  • 1 open code violation

Current Owner

RONALD VILLAMIL PUIG
13202 SW 215 TER, MIAMI, FL, 33177
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,757 — $4,729
Flood $400 — $800
Property/Wind $2,357 — $3,929

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 10863

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$365,400
~$345,499 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2021-10-04
Est. Total Balance $345,499
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales