11229 SW 231 LN, Palmetto Bay, FL 33170

Parcel: 3060180272700 · Residential · Townhouse · Zoning: 3700

Assessed Value (2025)
$187,953

Property Details

Beds
2
Baths
2.5
Living Sqft
1,451
Year Built
2006
Lot Sqft
1,799
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$300
2016-06-30
CROSS-PL; PALMS HOA INCWELLS FARGO BANK NATL ASSOC TRS
2
$140,400+46700%
2016-10-12
WELLS FARGO BANK NATL ASSOC TRSLISA CHATOO MARTIN
3
$215,000+53%
2019-06-27
LISA CHATOO MARTINTERESA FERNANDEZ MEDINA

Tax Assessment History

$187,953
Assessed (2025)
$298,000
Market Value
$137,231
Taxable Value
$2,794
Annual Tax
2024
$182,656
$298,000
2025
$187,953
$298,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $187,953 $298,000 $137,231 $2,794
2024 $182,656 $298,000 $132,656 $2,701

About 11229 SW 231 LN, Palmetto Bay, FL 33170

11229 SW 231 LN, Palmetto Bay, FL 33170 is a 2-bedroom, 2.5-bathroom residential - total value : townhouse built in 2006 with 1,451 square feet of living space on a 1,799 square foot lot. The property is currently owned by TERESA FERNANDEZ MEDINA ALEJANDRO PERDOMO FERNANDEZ, 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 2019-06-27 for $215,000, when LISA CHATOO MARTIN sold to TERESA FERNANDEZ MEDINA . The property has appreciated $74,600 (53%) since the prior sale of $140,400 on 2016-10-12. There are 3 recorded sales for this property.

The 2025 assessed value is $187,953 with a market value of $298,000. The assessed value increased 3% from $182,656 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 $12,867 recorded against this property.

11229 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 2016 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 87% of the most recent sale price. Based on the most recent sale, this property traded at $148 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

TERESA FERNANDEZ MEDINA ALEJANDRO PERDOMO FERNANDEZ
11229 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 11229

100%
Owner-Occ
0%
Investor
255
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →

Mortgages

ACTIVE
$13,651
~$12,867 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2021-11-02
Est. Total Balance $12,867
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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