22961 SW 115 AVE, Palmetto Bay, FL 33170

22961 SW 115 AVE, Palmetto Bay, FL 33170 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 2018 with 2,530 square feet of living space on a 5,005 square foot lot. The property is currently owned by JOSE O VAZQUEZ MENDEZ, 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 2021-08-17 for $450,000, when MAXIMILLIANO RENE IZAGUIRRE sold to JOSE O VAZQUEZ MENDEZ. The property has appreciated $449,900 (449900%) since the prior sale of $100 on 2018-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $561,726 with a market value of $570,034. This breaks down to $150,075 for the land and $419,959 for the building. The assessed value increased 3% from $545,896 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 $340,114 recorded against this property.

22961 SW 115 AVE, 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 2021, with 3 recorded transactions in the public record.

The current assessed value represents 125% 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 $178 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..