22025 SW 116 AVE 22025, Palmetto Bay, FL 33170

Parcel: 3060180290010 · Residential · Condominium - Residential · Zoning: 3700

Assessed Value (2025)
$167,716

Property Details

Beds
3
Baths
2
Living Sqft
1,039
Year Built
2006
Stories
1
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2009-01-14
WAYNE PARKINSONDEUTSCHE BANK NATL TRUST CO TRS
2
$32,000
2009-11-20
DEUTSCHE BANK NATL TRUST CO TRSRICHARD CAPPELLETTI
3
$37,000+16%
2010-04-21
RICHARD CAPPELLETTIFANNY SUYAPA PADILLA

Tax Assessment History

$167,716
Assessed (2025)
$167,716
Market Value
$167,716
Taxable Value
$3,415
Annual Tax
2024
$156,361
$167,716
2025
$167,716
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $167,716 $167,716 $167,716 $3,415
2024 $156,361 $167,716 $156,361 $3,183

About 22025 SW 116 AVE 22025, Palmetto Bay, FL 33170

22025 SW 116 AVE 22025, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 2006 with 1,039 square feet of living space. The property is currently owned by FANNY SUYAPA PADILLA, 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 2010-04-21 for $37,000, when RICHARD CAPPELLETTI sold to FANNY SUYAPA PADILLA. The property has appreciated $5,000 (16%) since the prior sale of $32,000 on 2009-11-20. There are 3 recorded sales for this property.

The 2025 assessed value is $167,716 with a market value of $167,716. The assessed value increased 7% from $156,361 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. 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.

22025 SW 116 AVE 22025, 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 2009 to 2010, with 3 recorded transactions in the public record.

The current assessed value represents 453% 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 $36 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

FANNY SUYAPA PADILLA
22025 SW 116 AVE, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

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 22025

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →
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