11140 SW 225 TER, Palmetto Bay, FL 33170

Parcel: 3060180330430 · Residential - Single Family · 1 Unit · Zoning: 0103

Assessed Value (2025)
$324,943

Property Details

Beds
4
Baths
2.5
Living Sqft
2,360
Year Built
2016
Lot Sqft
6,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,586,000
2013-06-14
ROAR INVESTMENTS LLCGLENWOOD PARK ESTATES LLC
2
$1,056,000-33%
2015-05-19
GLENWOOD PARK ESTATES LLCD R HORTON INC
3
$311,800-70%
2016-06-16
D R HORTON INC IVORY LEE ELLINGTON

Tax Assessment History

$324,943
Assessed (2025)
$511,977
Market Value
$274,221
Taxable Value
$5,583
Annual Tax
2024
$315,786
$515,715
2025
$324,943
$511,977
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $324,943 $511,977 $274,221 $5,583
2024 $315,786 $515,715 $265,786 $5,411

About 11140 SW 225 TER, Palmetto Bay, FL 33170

11140 SW 225 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 2016 with 2,360 square feet of living space on a 6,000 square foot lot. The property is currently owned by IVORY LEE ELLINGTON YVONNE R ELLINGTON, 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 2016-06-16 for $311,800, when D R HORTON INC sold to IVORY LEE ELLINGTON. The property sold for $744,200 less than the prior sale of $1,056,000 on 2015-05-19. There are 3 recorded sales for this property.

The 2025 assessed value is $324,943 with a market value of $511,977. This breaks down to $168,000 for the land and $343,977 for the building. The assessed value increased 3% from $315,786 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 $405,910 recorded against this property. 11140 SW 225 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 2013 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 104% of the most recent sale price. Based on the most recent sale, this property traded at $132 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

IVORY LEE ELLINGTON YVONNE R ELLINGTON
11140 SW 225 TER, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,349 — $4,049
Flood $400 — $800
Property/Wind $1,949 — $3,249

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 11140

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$419,210
~$405,910 bal.
ROCKET MORTGAGE LLC · 2023-07-13
2 satisfied mortgages
SATISFIED 2022-11-09
$390,720
ROCKET MORTGAGE LLC
SATISFIED 2021-10-14
$326,250
ROCKET MORTGAGE LLC
Est. Total Balance $405,910
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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