21981 SW 187 AVE, Palmetto Bay, FL 33170

21981 SW 187 AVE, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2003 with 1,834 square feet of living space on a 36,851 square foot lot. The property is currently owned by ERNESTO CABALLEIRO EST OF, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2005-08-01 for $530,000. The property has appreciated $289,000 (120%) since the prior sale of $241,000 on 2003-09-01. The 2025 assessed value is $508,961 with a market value of $611,289.

This breaks down to $253,800 for the land and $357,489 for the building. The assessed value increased 12% from $454,284 in 2024. 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.

21981 SW 187 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 2003 to 2005, 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 $289 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..