11223 SW 229 TER, Palmetto Bay, FL 33170

11223 SW 229 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : cluster home built in 2005 with 1,867 square feet of living space on a 5,903 square foot lot. The property is currently owned by JOSE M MEJIA VIANELA MEJIA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-03-15 for $293,000, when EDWIN RIVERA &W DELIA DIAZ sold to JOSE M MEJIA. The property has appreciated $70,010 (31%) since the prior sale of $222,990 on 2005-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $374,467 with a market value of $438,704. This breaks down to $163,545 for the land and $275,159 for the building. The assessed value increased 10% from $340,425 in 2024.

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. 11223 SW 229 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 2004 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 128% 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 $157 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..