23062 SW 116 CT, Palmetto Bay, FL 33170

23062 SW 116 CT, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 2018 with 1,800 square feet of living space on a 8,777 square foot lot. The property is currently owned by WILLIAMS ULISES MURA SARRIA YAMILET ALVAREZ DIAZ, 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 2026-01-07 for $640,500. There are 5 recorded sales for this property. The 2025 assessed value is $326,466 with a market value of $505,903.

This breaks down to $199,490 for the land and $306,413 for the building. The assessed value increased 3% from $317,266 in 2024. The property has the following tax exemptions: homestead.

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. There are active mortgage liens totaling $626,290 recorded against this property. 23062 SW 116 CT, 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 2018 to 2026, with 5 recorded transactions in the public record. The current assessed value represents 51% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $356 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..