21945 SW 194 AVE, Palmetto Bay, FL 33170

Parcel: 3068140000076 · Residential - Single Family · 1 Unit · Zoning: 8900

Assessed Value (2025)
$465,008

Property Details

Beds
4
Baths
3
Living Sqft
2,917
Year Built
1976
Lot Sqft
57,063
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$125,400
2014-12-03
BRANDI HODGEBANK OF NEW YORK MELLON
2
$240,000+91%
2015-01-23
BANK OF NEW YORK MELLONYADIEL OLIVA
3
$451,500+88%
2017-06-23
YADIEL OLIVAJOSE ANTONIO ALVAREZ

Tax Assessment History

$465,008
Assessed (2025)
$660,080
Market Value
$414,286
Taxable Value
$8,435
Annual Tax
2024
$451,903
$631,220
2025
$465,008
$660,080
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $465,008 $660,080 $414,286 $8,435
2024 $451,903 $631,220 $401,903 $8,182

About 21945 SW 194 AVE, Palmetto Bay, FL 33170

21945 SW 194 AVE, Palmetto Bay, FL 33170 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1976 with 2,917 square feet of living space on a 57,063 square foot lot. The property is currently owned by JOSE ANTONIO ALVAREZ, 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 2017-06-23 for $451,500, when YADIEL OLIVA sold to JOSE ANTONIO ALVAREZ. The property has appreciated $211,500 (88%) since the prior sale of $240,000 on 2015-01-23. There are 3 recorded sales for this property.

The 2025 assessed value is $465,008 with a market value of $660,080. This breaks down to $294,750 for the land and $365,330 for the building. The assessed value increased 3% from $451,903 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 $393,010 recorded against this property.

21945 SW 194 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 2014 to 2017, 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 $155 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JOSE ANTONIO ALVAREZ
21945 SW 194 AVE, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,050 — $9,170
Flood $400 — $800
Property/Wind $4,650 — $8,370

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 21945

100%
Owner-Occ
0%
Investor
1,059
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →

Mortgages

ACTIVE
$417,000
~$393,010 bal.
HAMILTON HOME LOANS INC · 2021-07-07
Est. Total Balance $393,010
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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