11249 SW 231 LN, Palmetto Bay, FL 33170

Parcel: 3060180272650 · Residential · Townhouse · Zoning: 3700

Assessed Value (2025)
$192,559

Property Details

Beds
4
Baths
2.5
Living Sqft
1,698
Year Built
2006
Lot Sqft
1,799
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
N/Anon-market transfer
2008-06-01
2
N/Anon-market transfer
2009-02-18
WELLS FARGO BANK N AU S BNK N A TRS
3
$87,000
2009-02-24
U S BNK N A TRSALEXANDER M PAEZ &W

Tax Assessment History

$192,559
Assessed (2025)
$316,000
Market Value
$192,559
Taxable Value
$3,920
Annual Tax
2024
$175,054
$316,000
2025
$192,559
$316,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $192,559 $316,000 $192,559 $3,920
2024 $175,054 $316,000 $175,054 $3,564

About 11249 SW 231 LN, Palmetto Bay, FL 33170

11249 SW 231 LN, Palmetto Bay, FL 33170 is a 4-bedroom, 2.5-bathroom residential - total value : townhouse built in 2006 with 1,698 square feet of living space on a 1,799 square foot lot. The property is currently owned by ALEXANDER M PAEZ &W MAGALY I PAEZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2009-02-24 for $87,000, when U S BNK N A TRS sold to ALEXANDER M PAEZ &W. There are 3 recorded sales for this property. The 2025 assessed value is $192,559 with a market value of $316,000.

The assessed value increased 10% from $175,054 in 2024. 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.

11249 SW 231 LN, 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 2008 to 2009, with 3 recorded transactions in the public record.

The current assessed value represents 221% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $51 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2025115336 mechanical F $3,300

Current Owner

ALEXANDER M PAEZ &W MAGALY I PAEZ
12249 SW 231 LN, 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 11249

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →
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