18240 SW 224 ST, Palmetto Bay, FL 33170

Parcel: 3068130090030 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$375,878

Property Details

Beds
6
Baths
4
Living Sqft
3,238
Year Built
2004
Lot Sqft
38,027
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,650,000
2003-06-01
2
$389,900-76%
2004-05-01

Tax Assessment History

$375,878
Assessed (2025)
$809,305
Market Value
$325,156
Taxable Value
$6,620
Annual Tax
2024
$365,285
$721,717
2025
$375,878
$809,305
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $375,878 $809,305 $325,156 $6,620
2024 $365,285 $721,717 $315,285 $6,419

About 18240 SW 224 ST, Palmetto Bay, FL 33170

18240 SW 224 ST, Palmetto Bay, FL 33170 is a 6-bedroom, 4-bathroom residential - single family : 1 unit built in 2004 with 3,238 square feet of living space on a 38,027 square foot lot. The property is currently owned by EVELIO N PEREZ, 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 2004-05-01 for $389,900. The property sold for $1,260,100 less than the prior sale of $1,650,000 on 2003-06-01. The 2025 assessed value is $375,878 with a market value of $809,305.

This breaks down to $261,900 for the land and $547,405 for the building. The assessed value increased 3% from $365,285 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. 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. 18240 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 2003 to 2004, with 2 recorded transactions in the public record. The current assessed value represents 96% of the most recent sale price. Based on the most recent sale, this property traded at $120 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2004163901 limp expired

Current Owner

EVELIO N PEREZ
18240 SW 224 ST, MIAMI, FL, 33170-3606
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,655 — $4,558
Flood $400 — $800
Property/Wind $2,255 — $3,758

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 18240

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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