11020 SW 224 ST, Palmetto Bay, FL 33170

Parcel: 3060180280180 · Residential - Single Family · Residential · Zoning: 0102

Assessed Value (2025)
$246,860

Property Details

Beds
3
Baths
2
Living Sqft
1,519
Year Built
2007
Lot Sqft
5,263
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$1,820,000
2004-12-01
2
$241,390-87%
2008-07-01
3
$65,000-73%
2011-09-30
HIPOLITO ROSARIOFRANCISCO PERMUY

Tax Assessment History

$246,860
Assessed (2025)
$349,382
Market Value
$246,860
Taxable Value
$5,026
Annual Tax
2024
$224,419
$351,736
2025
$246,860
$349,382
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $246,860 $349,382 $246,860 $5,026
2024 $224,419 $351,736 $224,419 $4,569

About 11020 SW 224 ST, Palmetto Bay, FL 33170

11020 SW 224 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2007 with 1,519 square feet of living space on a 5,263 square foot lot. The property is currently owned by FRANCISCO PERMUY, 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 2011-09-30 for $65,000, when HIPOLITO ROSARIO sold to FRANCISCO PERMUY. The property sold for $176,390 less than the prior sale of $241,390 on 2008-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $246,860 with a market value of $349,382. This breaks down to $153,945 for the land and $195,437 for the building. The assessed value increased 10% from $224,419 in 2024.

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. 11020 SW 224 ST, 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 2011, with 3 recorded transactions in the public record. The current assessed value represents 380% 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 $43 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

FRANCISCO PERMUY
11020 SW 224 ST, MIAMI, FL, 33170
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$71,250
Median Home Value$381,900
Pop. Density6,352/sq mi

Neighborhood 11020

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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