11246 SW 229 TER, Palmetto Bay, FL 33170

11246 SW 229 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 1,801 square foot lot. The property is currently owned by RONALD A SMITH JR &W STEPHANIA M, 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 2006-04-01 for $229,765. The property sold for $8,770,235 less than the prior sale of $9,000,000 on 2004-04-01. 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. 11246 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 2004 to 2006, with 2 recorded transactions in the public record. The current assessed value represents 31% 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 $137 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..