11255 SW 229 TER, Palmetto Bay, FL 33170

Parcel: 3060180270060 · Residential - Single Family · Cluster Home · Zoning: 3700

Assessed Value (2025)
$131,615

Property Details

Beds
3
Baths
2
Living Sqft
2,077
Year Built
2005
Lot Sqft
5,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$400,000
2006-09-01
2
N/Anon-market transfer
2007-12-01
3
$167,900
2008-08-27
U S BNK N A TRSMARTHA MONTENEGRO

Tax Assessment History

$131,615
Assessed (2025)
$432,280
Market Value
$80,893
Taxable Value
$1,647
Annual Tax
2024
$127,906
$419,987
2025
$131,615
$432,280
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $131,615 $432,280 $80,893 $1,647
2024 $127,906 $419,987 $77,906 $1,586

About 11255 SW 229 TER, Palmetto Bay, FL 33170

11255 SW 229 TER, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 2005 with 2,077 square feet of living space on a 5,000 square foot lot. The property is currently owned by MARTHA MONTENEGRO WILSON MONTENEGRO, 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 2008-08-27 for $167,900, when U S BNK N A TRS sold to MARTHA MONTENEGRO. There are 3 recorded sales for this property. The 2025 assessed value is $131,615 with a market value of $432,280.

This breaks down to $150,000 for the land and $282,280 for the building. The assessed value increased 3% from $127,906 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. 11255 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 2006 to 2008, with 3 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price.

Based on the most recent sale, this property traded at $81 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MARTHA MONTENEGRO WILSON MONTENEGRO
11255 SW 229 TERR, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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 11255

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →
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