22408 SW 111 AVE, Palmetto Bay, FL 33170

22408 SW 111 AVE, Palmetto Bay, FL 33170 is a 5-bedroom, 3-bathroom residential - single family : residential - total value built in 2007 with 2,473 square feet of living space on a 5,526 square foot lot. The property is currently owned by VICTOR R SUAREZ ACOSTA, 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 2019-05-10 for $190,100, when REYNALDO LUNA sold to VICTOR R SUAREZ ACOSTA . The property sold for $18,900 less than the prior sale of $209,000 on 2015-08-06. There are 3 recorded sales for this property.

The 2025 assessed value is $292,223 with a market value of $481,428. This breaks down to $157,890 for the land and $323,538 for the building. The assessed value increased 3% from $283,988 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $71,250, and the median home value is $381,900. The population density is 6,352 people per square mile.

22408 SW 111 AVE, 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 2007 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 154% 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 $77 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..