18281 SW 224 ST, Palmetto Bay, FL 33170
Parcel: 3068130140050 · Residential - Single Family · 1 Unit · Zoning: 2300
Assessed Value (2025)
$1,039,452
Property Details
Beds
4
Baths
3.5
Living Sqft
3,086
Year Built
2023
Lot Sqft
42,858
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$1,350,000
2023-12-15
TCC PROPERTY, LLC → BRAYAN ANDRES SANCHEZ MUNOZ
2
$1,350,000
2023-12-29
3
$100non-market transfer
2025-04-16
BRAYAN ANDRES SANCHEZ MUNOZ → TORRES HOME LLC
Tax Assessment History
$1,039,452
Assessed (2025)
$1,039,452
Market Value
$1,039,452
Taxable Value
$21,162
Annual Tax
2024
$1,129,184
2025
$1,039,452
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,039,452 | $1,039,452 | $1,039,452 | $21,162 | $295,170 | $744,282 |
| 2024 | $1,129,184 | $1,129,184 | $1,129,184 | $22,989 | $270,572 | $858,612 |
About 18281 SW 224 ST, Palmetto Bay, FL 33170
18281 SW 224 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 2023 with 3,086 square feet of living space on a 42,858 square foot lot. The property is currently owned by TORRES HOME LLC, 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 2025-04-16 for $100, when BRAYAN ANDRES SANCHEZ MUNOZ sold to TORRES HOME LLC. The property sold for $1,349,900 less than the prior sale of $1,350,000 on 2023-12-29. There are 3 recorded sales for this property.
The 2025 assessed value is $1,039,452 with a market value of $1,039,452. This breaks down to $295,170 for the land and $744,282 for the building. The assessed value decreased 8% from $1,129,184 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. There are active mortgage liens totaling $1,051,259 recorded against this property. 18281 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 2023 to 2025, with 3 recorded transactions in the public record..
Building Permits (9)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2025035367 | electrical | F | $1,000 | ||
| C2025009261 | building | F | $13,545 | ||
| C2024173829 | building | F | $720 | ||
| C2024048208 | building | F | $30,915 | ||
| W2024005892 | electrical | F | — | ||
| W2023160291 | plumbing | F | — | ||
| W2023160248 | electrical | F | — | ||
| C2023125564 | building | F | $20,850 | ||
| C2023094452 | building | F | — |
Current Owner
TORRES HOME LLC
18281 SW 224 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →
Flood Zone
Zone AH
Special Flood Hazard Area
Est. Annual Insurance
$6,636 — $11,194
Flood $400 — $800
Property/Wind $6,236 — $10,394
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 18281
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
14
Mortgages
ACTIVE
$1,080,000
CMG MORTGAGE INC · 2023-12-29
Est. Total Balance $1,051,259
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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