11266 SW 230 TER, Palmetto Bay, FL 33170

Parcel: 3060180271900 · Residential · Townhouse · Zoning: 3700

Assessed Value (2025)
$70,472

Property Details

Beds
3
Baths
2.5
Living Sqft
1,672
Year Built
2006
Lot Sqft
1,792
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$9,000,000
2004-04-01
2
$193,290-98%
2006-02-01
3
$252,500+31%
2006-07-01

Tax Assessment History

$70,472
Assessed (2025)
$311,000
Market Value
$25,000
Taxable Value
$509
Annual Tax
2024
$68,486
$311,000
2025
$70,472
$311,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $70,472 $311,000 $25,000 $509
2024 $68,486 $311,000 $25,000 $509

About 11266 SW 230 TER, Palmetto Bay, FL 33170

11266 SW 230 TER, Palmetto Bay, FL 33170 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2006 with 1,672 square feet of living space on a 1,792 square foot lot. The property is currently owned by WAYNE MARTIN &W ALTHEA BINNS, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2006-07-01 for $252,500. The property has appreciated $59,210 (31%) since the prior sale of $193,290 on 2006-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $70,472 with a market value of $311,000. The assessed value increased 3% from $68,486 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. 11266 SW 230 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 2006, with 3 recorded transactions in the public record. The current assessed value represents 28% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $151 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

WAYNE MARTIN &W ALTHEA BINNS
11266 SW 230 TERR, MIAMI, FL, 33170-7612
Since: 2026-03-29
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 11266

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
27
View full risk analysis →
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