17985 SW 224 ST, Palmetto Bay, FL 33170

Parcel: 3068130000085 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$651,750

Property Details

Beds
5
Baths
4
Living Sqft
4,128
Year Built
1983
Lot Sqft
194,277
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1997-12-01
2
$190,000
1998-02-01
3
$425,000+124%
2000-10-01

Tax Assessment History

$651,750
Assessed (2025)
$1,442,722
Market Value
$596,028
Taxable Value
$12,135
Annual Tax
2024
$613,355
$1,422,974
2025
$651,750
$1,442,722
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $651,750 $1,442,722 $596,028 $12,135
2024 $613,355 $1,422,974 $558,355 $11,368

About 17985 SW 224 ST, Palmetto Bay, FL 33170

17985 SW 224 ST, Palmetto Bay, FL 33170 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1983 with 4,128 square feet of living space on a 194,277 square foot lot. The property is currently owned by DEYSE M FARINAS, 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 2000-10-01 for $425,000. The property has appreciated $235,000 (124%) since the prior sale of $190,000 on 1998-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $651,750 with a market value of $1,442,722. This breaks down to $780,500 for the land and $662,222 for the building. The assessed value increased 6% from $613,355 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 $71,250, and the median home value is $437,500. The population density is 352 people per square mile. 17985 SW 224 ST, 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 1997 to 2000, with 3 recorded transactions in the public record. The current assessed value represents 153% 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 $103 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

DEYSE M FARINAS
17985 SW 224 ST, MIAMI, FL, 33170-3612
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$6,917 — $12,531
Flood $400 — $800
Property/Wind $6,517 — $11,731

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$437,500
Pop. Density352/sq mi

Neighborhood 17985

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
View full risk analysis →
Zoom in to see property sales