18725 SW 218 ST, Palmetto Bay, FL 33170

Parcel: 3068140000019 · Residential - Single Family · 1 Unit · Zoning: 8900

Assessed Value (2025)
$451,544

Property Details

Beds
4
Baths
2
Living Sqft
2,399
Year Built
1978
Lot Sqft
40,946
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$164,000
1996-03-01
2
$345,000+110%
2018-09-27
LENA PEDERSEN → JESUS A MARTINEZ MALO
3
$860,000+149%
2023-12-18
JESUS A MARTINEZ MALO → DAYANA ABREU
4
$860,000
2024-01-08

Tax Assessment History

$451,544
Assessed (2025)
$566,351
Market Value
$400,822
Taxable Value
$8,160
Annual Tax
2024
$438,819
$568,636
2025
$451,544
$566,351
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $451,544 $566,351 $400,822 $8,160
2024 $438,819 $568,636 $388,819 $7,916

About 18725 SW 218 ST, Palmetto Bay, FL 33170

18725 SW 218 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1978 with 2,399 square feet of living space on a 40,946 square foot lot. The property is currently owned by DAYANA ABREU OISNEL DE ARMAS, 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 2024-01-08 for $860,000. There are 4 recorded sales for this property. The 2025 assessed value is $451,544 with a market value of $566,351.

This breaks down to $282,000 for the land and $284,351 for the building. The assessed value increased 3% from $438,819 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. There are active mortgage liens totaling $642,959 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 18725 SW 218 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 1996 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 53% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $358 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (4)

Permit #TypeStatusCost
W2025141157 plumbing F —
C2025115861 electrical F —
C2024156112 building F $20,850
C2024060457 building F $6,750

Code Violations 1 open

20240227459 open
2024-02-03

Distress Signals

  • 1 open code violation

Current Owner

DAYANA ABREU OISNEL DE ARMAS
18725 SW 218 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$4,915 — $8,927
Flood $400 — $800
Property/Wind $4,515 — $8,127

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 18725

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →
Full neighborhood profile → More on SW 218 ST →

Mortgages

ACTIVE
$660,000
~$642,959 bal.
HAUTE CAPITAL MORTGAGE FINANCING · 2024-01-08
Est. Total Balance $642,959
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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