18840 SW 218 ST, Palmetto Bay, FL 33170

Parcel: 3068140000024 · Residential - Single Family · 1 Unit · Zoning: 8900

Assessed Value (2025)
$661,988

Property Details

Beds
4
Baths
2
Living Sqft
2,707
Year Built
1984
Lot Sqft
40,510
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$24,000
1981-06-01
2
$330,000+1275%
2004-02-01
3
$640,000+94%
2021-11-24
JULIA PEREZBERNARDO MARESMA VERDECIA

Tax Assessment History

$661,988
Assessed (2025)
$768,356
Market Value
$611,266
Taxable Value
$12,445
Annual Tax
2024
$643,332
$773,677
2025
$661,988
$768,356
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $661,988 $768,356 $611,266 $12,445
2024 $643,332 $773,677 $593,332 $12,080

About 18840 SW 218 ST, Palmetto Bay, FL 33170

18840 SW 218 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1984 with 2,707 square feet of living space on a 40,510 square foot lot. The property is currently owned by BERNARDO MARESMA VERDECIA, 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 2021-11-24 for $640,000, when JULIA PEREZ sold to BERNARDO MARESMA VERDECIA . The property has appreciated $310,000 (94%) since the prior sale of $330,000 on 2004-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $661,988 with a market value of $768,356. This breaks down to $279,000 for the land and $489,356 for the building. The assessed value increased 3% from $643,332 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. There are active mortgage liens totaling $185,848 recorded against this property.

18840 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 1981 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 103% of the most recent sale price. Based on the most recent sale, this property traded at $236 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (4)

Permit #TypeStatusCost
C2025109988 building F $1,440
C2024140958 plumbing F
W2024138252 electrical F
C2024112202 building F $20,850

Current Owner

BERNARDO MARESMA VERDECIA
18840 SW 218 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,019 — $12,715
Flood $400 — $800
Property/Wind $6,619 — $11,915

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 18840

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE
$190,000
~$185,848 bal.
A & D MORTGAGE LLC · 2024-05-22
1 satisfied mortgage
SATISFIED 2021-12-06
$576,000
A&D MORTGAGE LLC
Est. Total Balance $185,848
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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