18245 SW 228 ST, Palmetto Bay, FL 33170

18245 SW 228 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2004 with 2,979 square feet of living space on a 39,639 square foot lot. The property is currently owned by JOSEPH MARTINEZ &W MYRNA MARTINEZ, 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 2004-08-01 for $304,000. The property sold for $1,346,000 less than the prior sale of $1,650,000 on 2003-06-01. The 2025 assessed value is $328,692 with a market value of $744,108.

This breaks down to $273,000 for the land and $471,108 for the building. The assessed value increased 3% from $319,429 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. 18245 SW 228 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 108% of the most recent sale price. Based on the most recent sale, this property traded at $102 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..