22925 SW 113 PL, Palmetto Bay, FL 33170

Parcel: 3060180271270 · Residential - Single Family · Cluster Home · Zoning: 3700

Assessed Value (2025)
$336,592

Property Details

Beds
3
Baths
3
Living Sqft
2,727
Year Built
2005
Lot Sqft
6,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$9,000,000
2004-04-01
2
$294,775-97%
2006-01-01
3
$339,000+15%
2018-12-17
BELKIS BOFFILL &HTRELVIN L PAYNE

Tax Assessment History

$336,592
Assessed (2025)
$520,029
Market Value
$285,870
Taxable Value
$5,820
Annual Tax
2024
$327,106
$504,567
2025
$336,592
$520,029
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $336,592 $520,029 $285,870 $5,820
2024 $327,106 $504,567 $277,106 $5,642

About 22925 SW 113 PL, Palmetto Bay, FL 33170

22925 SW 113 PL, Palmetto Bay, FL 33170 is a 3-bedroom, 3-bathroom residential - single family : cluster home built in 2005 with 2,727 square feet of living space on a 6,000 square foot lot. The property is currently owned by TRELVIN L PAYNE SABRENA W PAYNE, 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 2018-12-17 for $339,000, when BELKIS BOFFILL &H sold to TRELVIN L PAYNE. The property has appreciated $44,225 (15%) since the prior sale of $294,775 on 2006-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $336,592 with a market value of $520,029. This breaks down to $165,000 for the land and $355,029 for the building. The assessed value increased 3% from $327,106 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 $122,282 recorded against this property. 22925 SW 113 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 2004 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 99% of the most recent sale price. Based on the most recent sale, this property traded at $124 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2025137672 building F $11,250

Current Owner

TRELVIN L PAYNE SABRENA W PAYNE
22925 SW 113 PL, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,419 — $4,165
Flood $400 — $800
Property/Wind $2,019 — $3,365

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 22925

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
9
View full risk analysis →

Mortgages

ACTIVE
$125,000
~$122,282 bal.
SPRING EQ LLC · 2025-07-01
Est. Total Balance $122,282
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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