23131 SW 116 CT, Palmetto Bay, FL 33170

Parcel: 3060180380170 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$325,643

Property Details

Beds
3
Baths
2
Living Sqft
1,800
Year Built
2018
Lot Sqft
6,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$356,000
2018-09-25
DR HORTON INCJOSE ARNALDO DIAZ MARRERO

Tax Assessment History

$325,643
Assessed (2025)
$483,855
Market Value
$274,921
Taxable Value
$5,597
Annual Tax
2024
$316,466
$487,277
2025
$325,643
$483,855
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $325,643 $483,855 $274,921 $5,597
2024 $316,466 $487,277 $266,466 $5,425

About 23131 SW 116 CT, Palmetto Bay, FL 33170

23131 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 6,000 square foot lot. The property is currently owned by JOSE ARNALDO DIAZ MARRERO, 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 2018-09-25 for $356,000, when DR HORTON INC sold to JOSE ARNALDO DIAZ MARRERO . The 2025 assessed value is $325,643 with a market value of $483,855. This breaks down to $162,000 for the land and $321,855 for the building.

The assessed value increased 3% from $316,466 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 $14,149 recorded against this property. 23131 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 current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $198 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JOSE ARNALDO DIAZ MARRERO
23131 SW 116 CT, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,353 — $4,056
Flood $400 — $800
Property/Wind $1,953 — $3,256

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 23131

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

Mortgages

ACTIVE
$14,892
~$14,149 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2022-07-08
Est. Total Balance $14,149
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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