11247 SW 229 TER, Palmetto Bay, FL 33170

Parcel: 3060180270050 · Residential - Single Family · Cluster Home · Zoning: 3700

Assessed Value (2025)
$305,286

Property Details

Beds
4
Baths
3
Living Sqft
2,600
Year Built
2005
Lot Sqft
5,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
N/Anon-market transfer
2018-01-24
PRIDE ENTERPRISES & INVESTMENTSFEDERAL NATIONAL MORTGAGE ASSN
2
$285,000
2019-05-10
FEDERAL NATIONAL MORTGAGE ASSNSMILES HOLDING LLC
3
$329,000+15%
2019-07-26
SMILES HOLDING LLCDAVID F GARCIA

Tax Assessment History

$305,286
Assessed (2025)
$496,055
Market Value
$254,564
Taxable Value
$5,183
Annual Tax
2024
$296,683
$480,992
2025
$305,286
$496,055
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $305,286 $496,055 $254,564 $5,183
2024 $296,683 $480,992 $246,683 $5,022

About 11247 SW 229 TER, Palmetto Bay, FL 33170

11247 SW 229 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 3-bathroom residential - single family : cluster home built in 2005 with 2,600 square feet of living space on a 5,000 square foot lot. The property is currently owned by DAVID F GARCIA BARBARA E CONTRERAS, 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 2019-07-26 for $329,000, when SMILES HOLDING LLC sold to DAVID F GARCIA . The property has appreciated $44,000 (15%) since the prior sale of $285,000 on 2019-05-10. There are 3 recorded sales for this property.

The 2025 assessed value is $305,286 with a market value of $496,055. This breaks down to $150,000 for the land and $346,055 for the building. The assessed value increased 3% from $296,683 in 2024.

The property has the following tax exemptions: homestead. 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.

11247 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 2018 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 93% of the most recent sale price. Based on the most recent sale, this property traded at $127 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

DAVID F GARCIA BARBARA E CONTRERAS
11247 SW 229 TER, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,231 — $3,852
Flood $400 — $800
Property/Wind $1,831 — $3,052

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$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi

Neighborhood 11247

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
23
View full risk analysis →
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