22862 SW 114 PL, Palmetto Bay, FL 33170

Parcel: 3060180270370 · Residential - Single Family · Cluster Home · Zoning: 3700

Assessed Value (2025)
$248,577

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
$100non-market transfer
2009-02-26
CHRISTABELLE BONILLA &H MICKEY GCIT GRP CONSUMER FIN INC
2
$145,000
2009-12-08
CIT GRP CONSUMER FIN INCGISELLE THOMAS
3
$264,000+82%
2016-10-28
GISELLE THOMASYANSIS MARTINEZ

Tax Assessment History

$248,577
Assessed (2025)
$449,705
Market Value
$197,855
Taxable Value
$4,028
Annual Tax
2024
$241,572
$436,449
2025
$248,577
$449,705
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $248,577 $449,705 $197,855 $4,028
2024 $241,572 $436,449 $191,572 $3,900

About 22862 SW 114 PL, Palmetto Bay, FL 33170

22862 SW 114 PL, 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 YANSIS MARTINEZ GERARDO G RODRIGUEZ MARTINEZ, 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 2016-10-28 for $264,000, when GISELLE THOMAS sold to YANSIS MARTINEZ. The property has appreciated $119,000 (82%) since the prior sale of $145,000 on 2009-12-08. There are 3 recorded sales for this property.

The 2025 assessed value is $248,577 with a market value of $449,705. This breaks down to $150,000 for the land and $299,705 for the building. The assessed value increased 3% from $241,572 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.

There are active mortgage liens totaling $32,711 recorded against this property. 22862 SW 114 PL, 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 2009 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 94% 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

YANSIS MARTINEZ GERARDO G RODRIGUEZ MARTINEZ
22862 SW 114 PL, 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 22862

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
8
View full risk analysis →

Mortgages

ACTIVE
$35,591
~$32,711 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2021-10-27
Est. Total Balance $32,711
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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