10973 SW 226 TER, Palmetto Bay, FL 33170

Parcel: 3060180300040 · Residential - Single Family · Residential · Zoning: 0103

Assessed Value (2025)
$305,812

Property Details

Beds
4
Baths
2
Living Sqft
2,484
Year Built
2007
Lot Sqft
6,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$296,385
2007-07-01
2
$177,100-40%
2015-12-31
ALFREDO BLANCO &W ROSARIO & TOWNFIVE DEVELOPMENT LLC
3
$298,000+68%
2016-08-12
TOWNFIVE DEVELOPMENT LLCMICHAEL ORELLANA

Tax Assessment History

$305,812
Assessed (2025)
$485,505
Market Value
$255,090
Taxable Value
$5,193
Annual Tax
2024
$297,194
$489,330
2025
$305,812
$485,505
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $305,812 $485,505 $255,090 $5,193
2024 $297,194 $489,330 $247,194 $5,033

About 10973 SW 226 TER, Palmetto Bay, FL 33170

10973 SW 226 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : residential - total value built in 2007 with 2,484 square feet of living space on a 6,000 square foot lot. The property is currently owned by MICHAEL ORELLANA MELISSA RUIZ, 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 2016-08-12 for $298,000, when TOWNFIVE DEVELOPMENT LLC sold to MICHAEL ORELLANA. The property has appreciated $120,900 (68%) since the prior sale of $177,100 on 2015-12-31. There are 3 recorded sales for this property.

The 2025 assessed value is $305,812 with a market value of $485,505. This breaks down to $168,000 for the land and $317,505 for the building. The assessed value increased 3% from $297,194 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.

There are active mortgage liens totaling $297,357 recorded against this property. 10973 SW 226 TER, 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 2016, with 3 recorded transactions in the public record. The current assessed value represents 103% of the most recent sale price. Based on the most recent sale, this property traded at $120 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MICHAEL ORELLANA MELISSA RUIZ
10973 SW 226 TER, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,234 — $3,858
Flood $400 — $800
Property/Wind $1,834 — $3,058

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 10973

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
23
View full risk analysis →

Mortgages

ACTIVE
$315,000
~$297,357 bal.
GUARANTEED RATE INC · 2021-08-18
Est. Total Balance $297,357
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales